$ARB Today, **ARB (Arbitrum)** is showing bullish sentiment due to its growing ecosystem and continued improvements in scaling solutions. The price of ARB has been fluctuating, but it is positioned well for upward momentum given its strong partnerships and increasing adoption in the decentralized finance (DeFi) space.
**Bullish Sentiment**: ARB’s ongoing progress with layer-2 scaling solutions on Ethereum has led to positive market sentiment. With Ethereum's growth and the rise of Arbitrum’s network, ARB has the potential to see steady growth.
**Target Price**: ARB is targeting a short-term price range of **$0.75 to $0.80**. A break above this level could trigger more substantial upside.
**Buy Price**: Consider entering around **$0.70 to $0.71**, where strong support is currently present.
Given the current price of **$0.7094**, this could be an ideal point for short-term buys if the market holds strong in the near term. Always be mindful of market volatility.