ARBUSDT - 4hrs Target Hit ( And Up To 3.670$ )
🔹Hello traders, Let's review
🌐ARBUSDT only news from jan 29!
📘First Target & Main Area : 2.190$
🪢Pair Name : ARB / USDT
♾️Time Frame : D1 Chart
🛡️VIP TRADE - ARBUSDT TO THE MOON!
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🌐Points of interest🌐
Monthly High : 1.671$
Monthly Low : 0.994$
Support : 1.555$
Liquidity High & Target : 2.190$
Accumulation Box + Poc : 1.141$
The Arbitrum (ARB) network is a Layer 2 scaling solution for Ethereum that aims to address the scalability and high transaction fees. It is developed by Offchain Labs and utilizes a technology called Optimistic Rollups to achieve its objectives.
Optimistic Rollups work by processing most transactions off-chain and then periodically submitting a summary of those transactions to the Ethereum mainnet. This approach reduces the transaction costs significantly and increases the throughput of the network while maintaining the security guarantees of the Ethereum mainnet.
In other words, the optimistic rollup feature allows Ethereum smart contracts to scale by passing messages between smart contracts on the Ethereum main chain and those on the Arbitrum second layer chain. Much of the transaction processing is completed on the second layer, and the results of this are recorded on the main chain — drastically improving speed and efficiency.
One of the key features of the Arbitrum network is its compatibility with existing Ethereum smart contracts. Developers can deploy their contracts on the Arbitrum network with minimal modifications, allowing for easy migration of decentralized applications (dApps) from Ethereum to Arbitrum.
Also, the arrival of the Ethereum network introduced a groundbreaking transformation in the realm of blockchain technology, providing a platform for the creation of decentralized applications (dApps) and propelling the growth of decentralized finance (DeFi). Nevertheless, as Ethereum’s preeminence soared, it encountered hurdles related to scalability and exorbitant transaction fees.
🌐ARBUSDT only news from jan 29!
📘First Target & Main Area : 2.190$
🪢Pair Name : ARB / USDT
♾️Time Frame : D1 Chart
🛡️VIP TRADE - ARBUSDT TO THE MOON!
------
🌐Points of interest🌐
Monthly High : 1.671$
Monthly Low : 0.994$
Support : 1.555$
Liquidity High & Target : 2.190$
Accumulation Box + Poc : 1.141$
The Arbitrum (ARB) network is a Layer 2 scaling solution for Ethereum that aims to address the scalability and high transaction fees. It is developed by Offchain Labs and utilizes a technology called Optimistic Rollups to achieve its objectives.
Optimistic Rollups work by processing most transactions off-chain and then periodically submitting a summary of those transactions to the Ethereum mainnet. This approach reduces the transaction costs significantly and increases the throughput of the network while maintaining the security guarantees of the Ethereum mainnet.
In other words, the optimistic rollup feature allows Ethereum smart contracts to scale by passing messages between smart contracts on the Ethereum main chain and those on the Arbitrum second layer chain. Much of the transaction processing is completed on the second layer, and the results of this are recorded on the main chain — drastically improving speed and efficiency.
One of the key features of the Arbitrum network is its compatibility with existing Ethereum smart contracts. Developers can deploy their contracts on the Arbitrum network with minimal modifications, allowing for easy migration of decentralized applications (dApps) from Ethereum to Arbitrum.
Also, the arrival of the Ethereum network introduced a groundbreaking transformation in the realm of blockchain technology, providing a platform for the creation of decentralized applications (dApps) and propelling the growth of decentralized finance (DeFi). Nevertheless, as Ethereum’s preeminence soared, it encountered hurdles related to scalability and exorbitant transaction fees.
Comment:
ARBUSDT - D1 ( Easy 2X in 2024 Bull Run )
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