ARBUSDT LONG 🟢
Entry zone 0.7418 - 0.7312
Target 1 0.7515 ✅️
Target 2 0.7600 ✅️
Target 3 0.7715 ✅️
Target 4 0.7880 ✅️
$ARB
#ARB
#ARB🔥🔥🔥
#Write2Earn
#Write2Earn!
#USJobsSurge256K

The $ARB /USD pair shows promising signs of a potential bullish breakout, according to its daily chart. After testing strong support levels around $0.68–$0.70, the market structure appears to be forming a reversal pattern, suggesting the possibility of a move toward the $2 mark.

Key Insights:

The Relative Strength Index (RSI) is recovering from oversold territory, signaling a potential shift toward bullish momentum.

A critical resistance level at $0.7756 is currently in focus; a breakout above this level could catalyze further upward movement.

Price projections based on past market behavior suggest that the medium-term target could be as high as $2, aligning with previous highs.

Given these factors, investors and traders alike should keep a close watch on Arbitrum’s price action. This may be the beginning of a significant recovery, but the critical resistance levels will determine the strength and sustainability of the potential rally.

The cryptocurrency market has been facing corrections in recent weeks, in line with the historically bearish trends typically observed in January. This past week, Bitcoin ($BTC ) experienced a significant dip, falling from $102,000 to a low of $91,000 before stabilizing around the $94,000 level. As Bitcoin holds this support, altcoins such as Arbitrum ($ARB ) and Arkham ($ARKM ) are now testing crucial technical levels, potentially setting the stage for a recovery.

Both ARB and ARKM have seen substantial declines of approximately 17% over the past week. However, current technical indicators suggest that these tokens may be poised for a rebound.

Arbitrum (ARB) Analysis

Arbitrum (ARB) has been attempting a recovery following a sharp correction, with the token currently holding above the 200-day moving average (MA) and testing the lower boundary of a descending triangle pattern on the daily chart. The key support zone at $0.73 has remained intact during recent market downturns, showing resilience at this level.

Should ARB confirm a bounce, potential upside targets include resistance levels at $0.850, $0.925, $1.080, and $1.220. Increasing trading volume near the support zone indicates that buyer interest is growing, suggesting that bullish momentum may be gaining strength in the short term.

Arkham (ARKM) Analysis

Similarly, Arkham (ARKM) is testing a critical support zone near the lower boundary of a falling wedge pattern on the daily chart. Historically, the falling wedge is a bullish reversal pattern, and ARKM appears to be stabilizing around the $1.34 mark following a week of declines.

The technical setup is further supported by a potential rebound in buying momentum, as indicated by the Relative Strength Index (RSI), which is recovering from oversold territory. If ARKM confirms a breakout, the price could target key resistance levels at $1.55, $1.75, $1.95, and $2.25, pointing to the potential for a strong recovery.

Outlook: Is a Rebound Likely?

Both Arbitrum (ARB) and Arkham (ARKM) are currently at pivotal technical junctures, with patterns suggesting that upward momentum could be on the horizon. The analysis highlights the significance of the current support levels, which have remained resilient despite broader bearish sentiment in the market. A rebound for both tokens appears plausible, especially given their respective chart patterns, which are showing signs of recovery.

However, the broader market conditions, particularly Bitcoin's performance, remain a key factor. Bitcoin’s ability to maintain support above the $91,000–$94,000 range will play a critical role in determining whether these altcoins can sustain their potential recovery. Any instability in Bitcoin’s price could delay or even invalidate the expected upward trajectories for ARB and ARKM.

$ARB
Target 1:  0.7800 ✅️

Target 2:  0.7950 ✅️

Target 3:  0.8200 ✅️

BULLRUN SCENARIO: 0.8500 ✅️

After reaching the first target you can put the rest of the position to breakeven
#NFPCryptoImpact
#ARB
#ARB🔥🔥🔥
#Write2Earn!
#Write2Earn

#CryptoReboundStrategy
#ARB🔥🔥🔥 will unlock 92,650,000 ARB tokens on January 16th, constituting approximately 2.20% of the currently circulating supply.
Arbitrum is a second-layer blockchain built on top of Ethereum. Arbitrum's Optimistic Rollup technology allows developers to easily launch smart contracts and decentralized applications on Ethereum without any changes, with lower transaction fees and increased throughput.
In the first half of 2022, Arbitrum became the leading L2 solution for Ethereum in terms of the number of transactions, the number of applications, and the volume of locked liquidity (TVL - Total Value Locked). Currently, more than $6 billion is locked in its smart contracts. The Arbitrum project was developed by Offchain Labs, an American company founded in 2018 in New York by Ed Felten, Stephen Goldfeder, and Harry Kalodner. All three are experts in cryptography and blockchain technologies.
Ed Felten worked as a professor of computer science at Princeton University. Ed Felten began his research in the field of blockchain technologies back in 2014. He worked in the White House as Deputy CTO of President Barack Obama, and then returned to Princeton University and, together with his then graduate students Stephen Goldfeder and Harry Kalodner, began working on Arbitrum. In 2019, Offchain Labs raised $3.7 million in seed investment. In the spring of 2021, before the launch of the alpha version of the Arbitrum network, the startup held a Series A investment round, as a result of which it received $20 million.
The official launch of the Arbitrum One mainnet took place on August 31, 2021. At the same time, Offchain Labs announced that it had raised $120 million in a Series B round led by Lightspeed Venture Partners. Other notable investors include Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital, Mark Cuban, and Alameda Research (we're putting a little red mark here because we remember the FTX and Alameda crash, but Alameda's investment is a small part of the overall investment, so it's a mark, but still a very small one). After this round, the company was valued at $1.2 billion.
Arbitrum is an Optimistic Rollup built on top of Ethereum. To understand what is under the hood of the project and what the Arbitrum network is from a technical point of view, let's start with a small theoretical block.
What are rollups?
Rollup is the core technology for second-level protocols for Ethereum. It allows for high transaction privacy and scaling of the main Ethereum network: multiple transactions are combined into a single package, which is confirmed in the first-level blockchain.
In simple terms, in order to reduce the load on the network, the developers decided that any transaction will be considered authentic until proven otherwise. Calculations occur only when fraud is proven in the event of problems.

$ETH