Arbitrum Price Eyes $0.45 Resistance as Volume Surges Over 480%
The post Arbitrum Price Eyes $0.45 Resistance as Volume Surges Over 480% appeared first on Coinpedia Fintech News
Arbitrum has captured investor attention following a key milestone, which is enabling seamless on-chain U.S. equity transactions on Gemini. This breakthrough lowers barriers for international investors by making equity trading faster and more transparent through blockchain infrastructure.
Arbitrum has captured investor attention following a key milestone, which is enabling seamless on-chain U.S. equity transactions on Gemini. This breakthrough lowers barriers for international investors by making equity trading faster and more transparent through blockchain infrastructure. That’s not all the buzz was also fueled by the speculations around a possible partnership with Robinhood.
Arbitrum (ARB) Price Analysis:
ARB is currently changing hands at $0.3616, marking a notable u-turn from its 24-hour low of $0.3058 and brushing against an intraday high of $0.3891. On the 4-hour chart, the price has broken above the key resistance at $0.3332, now turned support, and is sustaining gains above the mid-Bollinger band at $0.3171.
Bollinger Bands have expanded sharply, indicating rising volatility, while the price is currently hovering near the upper band. The RSI reading of 76.22 indicates overbought conditions, which may call for a minor pullback before another leg higher. However, the surge in volume suggests buyers are still firmly in control.
Looking ahead, the immediate resistance lies at $0.420, followed by a stronger upper bar at $0.450, which aligns with a key supply zone visible on the chart. If bulls maintain momentum and breach these levels, ARB could confirm a short-term breakout trend. Conversely, a break below $0.3332 may expose the token to downside risk, making $0.325 a critical stop-loss level for traders.
Holding some ARB, and curious about its long-term forecast? Read our Arbitrum (ARB) Price Prediction 2025, 2026-2030!
FAQs
ARB surged due to the fundamental news of allowing on-chain U.S. equity transactions on Gemini, which drove investor confidence.
The next resistance targets are at $0.420 and $0.450, both critical for confirming further bullish momentum.
The price of 1 ARB at the time of publication of this article is $0.3616, with an intraday change of +17.88%.
