ARB Price Analysis: Will $1 Breakout Push Arbitrum to $1.86?

The ARB price trend is showing a rounding reversal, despite the price of Bitcoin dropping to $92k levels. The bullish trend in Arbitrum is heading to cross the $1 milestone shortly.

As the upside potential increases, a breakout rally targets the $1.86 mark. Find out more in the ARB price analysis below.

Arbitrum (ARB) Price Performance

In the daily chart, the ARB price action shows a rounding bottom reversal gaining momentum. The ongoing recovery rally, starting from $0.4598, has increased by nearly 100% over the past three weeks.

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