Layer-2 Ethereum scaling blockchain Arbitrum could soon see a lot more liquidity in wake of Ethereum ETF approvals.
Last up 5% on Thursday, Arbitrum $ARB is trying to set the foundations for a rebound.
It was last trading near $1.20. Importantly, that leaves it above its 21 and 50DMAs, suggesting bullish momentum may be seeping into the market.
Arbitrum could soon power up towards earlier yearly highs. That could mean quick 2x gains for the crypto, making it potentially the best crypto to buy today.
