$ARB **Bullish or Bearish Analysis for ARB (Arbitrum) – November 29, 2024**

Today, ARB shows signs of a **bullish trend**, driven by strong fundamentals in the Layer 2 scaling solutions for Ethereum. The token’s recent price action suggests increased adoption, as Ethereum’s network congestion continues to grow. Given Arbitrum’s ability to lower transaction fees and improve scalability, it remains a key player in the Ethereum ecosystem.

With a current price of **$0.9152**, a strong support level around $0.90, and upward momentum, ARB could target the next resistance level at **$1.05** within the coming weeks.

**Target Price**: $1.05

**Buy Price**: $0.90–$0.92

**Correct Price**: $0.9152

Given the current market conditions and growth potential, ARB is likely to continue its positive trajectory, but be mindful of market volatility, as the crypto market is always subject to rapid shifts.$ARB