😱🔥Good news for Arbitrum (ARB) investors: The longing is over!🚀🚀
Arbitrum, one of the leading names in Layer-2 projects, had long been a source of frustration for investors. $ARB , which was constantly exposed to selling pressure due to BTC's weak performance, Layer-2's inability to trend, and its tokenomics, finally gave a positive signal. Arbitrum, which has been pricing in a downtrend since April 1, may have broken through and signaled a 53 percent increase. So what are the levels that ARB investors should not consider?
Technical structure Arbitrum (#ARB ) rise Arbitrum, which has been showing a weak outlook since April, may have turned the needle. The popular altcoin, which broke the downtrend on September 9, has not yet been able to make a clear attack. However, the technical appearance shows Arbitrum's rise is consistent. According to the article, ARB, which found buyers at $ 0.51, can be tested at $ 0.80 - 0.99 - 1.23 - 1.45 - 1.61 and $ 1.80, respectively, based on the rise. Even reaching the first target of the current one corresponds to an increase of 53.30 percent.
Factors such as Bitcoin's decline again, increasing BTC dominance or the decline of Layer-2s undermined ARB's momentum. For now, the pricing of the bottom values may be strengthened in determining the support situation. Investors can be followed as full performance support in this process. For example, the $ 0.40 and $ 0.30 regions can be seen as a psychological support area. The loss of the close continuous bottom level of $ 0.46 will ring the alarm bells.
