Tag: bitcoinsensus
Arbitrum (ARB) Price Prediction: Structural Reclaim Above $0.50 Could Trigger Momentum Shift Towards $0.65–$0.70
The post Arbitrum (ARB) Price Prediction: Structural Reclaim Above $0. 50 Could Trigger Momentum Shift Towards $0. 65-$0. 70 appeared com. ARB is showing renewed strength after a key liquidity grab, with participants eyeing a potential breakout as technicals, fundamentals, and on-chain data align bullishly. Arbitrum participants are turning their attention back to ARB as strong technical reversals, improving on-chain metrics, and renewed community confidence begin aligning. With liquidity levels swept and price reclaiming key zones, market watchers believe price could be gearing up for a bullish ARB Price Prediction. ARB Breakout Rally After Liquidity Grab A strong liquidity sweep and reclaim setup is emerging on the Arbitrum chart. After sweeping the lows for liquidity, ARB has sharply reversed, forming a textbook reclaim pattern. The structure shows price recovering from the $0. 38 to $0. 40 range and pushing back toward mid-range resistance. ARB rebounds sharply after a deep liquidity sweep, signaling renewed bullish momentum toward key resistance zones. 35, which coincides with the prior high zone. If bulls sustain above the $0. 50 pivot, momentum could strengthen further, potentially leading to a retest of the $0. 65 to $0. 70 liquidity pocket. This type of setup often marks a shift from accumulation to trend reversal phases. Macro Divergence Suggests Major Upside Potential A deeper look at higher timeframes highlights a massive bullish divergence on ARB’s weekly chart, as seen in CryptoMichNL’s analysis. ARB continues to form lower lows while RSI builds higher lows. Arbitrum’s weekly chart reveals a strong bullish divergence, with RSI strength building despite price lows, mirroring setups that preceded 200% rallies. With the 50-week EMA starting to flatten, the structure resembles early-stage reversals seen in 2023 L2 recoveries. If.
The New York Times
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