$ARB **ARB Price Analysis - November 24, 2024**

Today, Arbitrum (ARB) is trading around **$0.8450**, reflecting a neutral sentiment in the market. Recent on-chain data suggests a slowdown in active users, but strong developer activity indicates ongoing ecosystem growth. If ARB maintains its support at $0.8400, a potential recovery toward **$0.8800** could occur, fueled by increased Layer-2 adoption. However, breaking below $0.8400 may lead to bearish momentum, targeting **$0.8100**.

Analysis:

- **Buy Price:** $0.8350

- **Target Price:** $0.8800

- **Sell Price:** $0.8100

In conclusion, ARB's near-term outlook depends on broader market stability and Ethereum Layer-2 usage trends. Traders should watch for volume spikes and maintain a cautious approach.$ARB