๐ Quick Analysis of Arbitrum (ARB) โ Is it approaching $1?
ARB, the token of the Arbitrum network, continues to maintain its position as the strongest Layer 2 project on the Ethereum network in terms of Total Value Locked (TVL).
Current price: ~$0.70
Support: $0.60
Nearby resistance: $0.80 then $0.95
Technical indicators: Indicate relative stability with the potential for an upward move if the first resistance is broken.
Will it reach $1?
Yes, if liquidity continues to flow into the market and ARB holds above $0.80, reaching the $1 level is possible by the third quarter of 2025.
A strong project, real use case, and an active team.
One of the coins worth following ๐
ARB
0.1878
-5.86%
BTCUSDT
Perp
86,463.2
-1.02%