📶 #ARB is exiting consolidation

Arbitrum - one of the top Layer-2 solutions for Ethereum 🔷. Fundamentally, the asset is quite strong, but since the growth began in August, it has performed poorly so far.

The price has fallen into consolidation on the daily timeframe between levels ~$0.47 and ~$0.67. After a downtrend, the price reached its lows.

Currently, it is exiting the range. Resistance at ~$0.67 has been broken, and now the price is consolidating above it. The rise occurred on high volume 📊.

In the future, it is most likely that the price will move upwards. Growth is a priority 📈$ARB