đ Arbitrum on the Rise: Bullish Momentum Ahead? đ
$ARB has surged 70% over the past month, reaching $0.90, its highest level since June. This growth is bolstered by its partnership with BlackRock and recent hints at artificial intelligence integration, potentially opening new avenues for innovation and attracting tech-savvy investors.
The price is currently within a key resistance zone between $0.83 and $0.96. A breakout beyond this range could push Arbitrum above $1, signaling strong bullish momentum. The MACD indicator highlights continued growth potential, but the RSI of 69 suggests overbought conditions, calling for caution.
Trading volume has greatly surged in the last 30 days, showing increased market interest. However, $BTC ongoing correction could affect Arbitrum's trajectory.
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