$ARB As of today, **ARB** (Arbitrum) shows bullish potential, primarily driven by its role in the growing Ethereum Layer-2 ecosystem. The price correction towards **$0.9034** presents a solid entry point for long-term investors, particularly with increasing adoption of DeFi and Ethereum scalability solutions.
**Bullish Analysis:** Arbitrum’s technology enhances transaction speed and reduces costs, which could drive more users and projects to the platform. The market sentiment around Layer-2 solutions is improving, with growing expectations that scaling solutions will gain more prominence in 2024.
**Target Price:** $1.10
**Buy Price:** Around $0.90 to $0.92
**Sell Price:** $1.10 to $1.15 in the next few weeks
**Conclusion:** The current market pullback offers a potential buying opportunity, and the near-term outlook remains positive, with further upside potential if the overall crypto market continues its recovery.$ARB