Bullish signal in Arbitrum (ARB): Investors get ready!

Positive signals started to come from Arbitrum (ARB), which Turkish crypto investors follow with curiosity.

Positive signals started to come from Arbitrum (ARB), which Turkish crypto investors follow with curiosity.

Arbitrum, which has been losing value against Bitcoin for a long time, winked at the rise with various metrics. #ARB , which appeals to a wide audience especially in the Turkish crypto ecosystem, will excite its investors if it rises.

Arbitrum, which was traded at $ 0.9902 as of the writing of the news, will drop to 1.2338 – 1.4588 – 1.6114 – 1.70 – 1.80 – 2.1069, respectively, if Layer-2s come to the fore or BTC rises. It could target $2.2767 and $2.4240. In this process, it is necessary to pay attention to the range of 1.70 - 1.80 dollars. It is highly likely that sell-side transactions will increase in this region.

If BTC declines, #BTC dominance increases, or different trends leave Layer-2s in the background, sales for ARB will increase. In such a scenario, we may see a retreat to the $0.8029 – $0.7319 range.

Google Trends, which has a critical approach in terms of social metrics, reveals that Arbitrum research is increasing. However, the fact that this data is approaching the bottom may be a sign that the scenario may change soon. With the increase in Google Trends data, there may be an increase in ARB.