In recent weeks, ARB/USDT has maintained a clear bullish trend, consolidating its position as one of the most followed assets in the crypto ecosystem. Currently, the price is in a critical decision zone that could define its next direction.
Technical Analysis (4H): 👇🏻
The chart shows a defined bullish structure, with the price respecting an ascending channel since the beginning of November. The main key points are:
▪️ Local resistance: 1.2384 USDT (recent high).
▪️ Key support: 0.9883 USDT, where the price interacts with the ascending trend line and the EMA 50.
▪️The EMAs (9, 20, 50, 99, and 200) confirm the prevailing movement:
▪️The price remains above the EMA 200, indicating that the long-term trend remains bullish.
▪️However, the recent cross below the EMA 20 could suggest a temporary correction.
▪️On the other hand, the stochastic indicator shows the pair in oversold territory, suggesting that we might be close to a rebound, as long as selling pressure decreases.
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Fundamental News and Market Sentiment:
In the fundamental arena, ARB continues to strengthen as one of the leading Layer 2 solutions for Ethereum:
1. Increasing adoption of Arbitrum on DeFi platforms.
2. Growth of its ecosystem with the constant development of dApps.
3. The stability of the crypto market, especially in Bitcoin and Ethereum, is playing a crucial role in the liquidity of tokens like ARB.
At the macroeconomic level, events such as monetary policy in the U.S. and global investment conditions remain factors to monitor.
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Conclusion: What to expect?
The current price of 0.9883 USDT is key for the upcoming movements:
Bullish scenario: If the price respects the channel support and rebounds, it could target levels around 1.10 - 1.20 USDT.
Bearish scenario: A break below the EMA 50 could lead the price towards 0.80 USDT, where the EMA 200 would act as long-term support.
⚠️ Recommendation: It is essential to monitor the volume, price action, and overall market conditions to confirm a bullish movement.
#Arbitrum #CriptoAnálisis #TradingBinance
