ARB long-term chart ($140 possible next bullrun).
Other targets listed.
ARB will be the next big thing. It will perform like Solana, Eos, etc. did during the last bull run.
One more major crash is possible before bullsumption.
ARB has scored very high on Token Metrics - looking to scale up Ethereum and significantly increase speed.
The last coin that TM rated so highly was MATIC before the last bull run!
ARB has bounced close to the 1:0.618 and in a similar RSI territory to the previous bounce; signalling that this will likely be the low in this area.
In addition BTC has recently...
Arrbitrum reduces the load on Ethereum network, by dividing the transaction as a torrent divides a file. It is a new coin, with price data coming from March 2023 and it's still on price discovery. It had a major FOMO pump on it's release to $5 but sharply went to the current levels. My attempt is to accumulate a newborn asset while in a bear market. We will see...
Arbitrium has followed through on my original idea, breaking through support forming a lower low. Now that we have bounced it seems Arb is finding resistance in the wrong places, as well as a lack of support to push up. Leading me to believe that the markets wants lower. However if this develops into sideways consolidation we could be forming a bottom. I’m leaning bearish.
Traders,
Arbitrum is hot. And for good reasons. That is why I have added it to my trade list. If we touch that orange area I will be entering and holding till we hit $2.22.
Stew
If we see the 1.58 support decisively break, not dips into it, but full on smashes through 1.58 support Look to Re-Buy at 1.50 down to 1.37 maybe maybe 1.33 low low low. (anything lower and this Market and or Project has some real Problems)
This is one of those Projects that jsut based on what they are accomplishing etc its worth a look and maybe a HODL... COSMOS...
Hi traders,
#ARB looking very bullish and might just run away.
Here are my thoughts with a few possible scenarios.
Please give me a like and share,
Regards,
S.SAri
#ARB
🌐 Lookonchain analytics website:
26 March 2023
👤 Received Arbitrum airdrop by Justin Sun in the amount of 5,250 #ARB tokens, which he transferred to Huobi exchange in recent hours.
401.1.6
#ARB
#Transfer
#ARB
🌐 Lookonchain analytics website:
26 March 2023
👤 Received Arbitrum airdrop by Justin Sun in the amount of 5,250 #ARB tokens that he transferred to Huobi exchange in recent hours.
401.1.6
#ARB
#Transfer
