#AltcoinBreakout Analysis of ARB Coin: Is It Time to Take Off?
$ARB
Arbitrum (ARB) is currently trading at $0.46, after a downturn that affected most altcoins. Despite the decline, technical indicators show overselling and the possibility of a near-term reversal. Strong support is located at $0.42, while the first real resistance is at $0.53, and if it is breached, we may head towards $0.60$ then $0.68. The project remains one of the strongest Layer 2 projects on Ethereum, giving it a chance to rise again.
📈 Opportunity for monitoring or smart buying? The decision is yours!
