After what seemed like an eternity of stillness, Arbitrum has decided to break free from its slumber. In a stunning twist, the Layer-2 token has soared by a whopping 9% in just 24 hours. Who could have predicted this surge of energy? Certainly not the folks who were muttering about “consolidation” for weeks. No, Arbitrum is back in action, reclaiming its glory and putting the doubters in their place.
Arbitrum Strikes Back with a Vengeance 💥
Arbitrum’s price has found new strength, dancing around the $0.34 mark, up by 8.8% in the past 24 hours, as reported by Brave New Coin. Its market cap is now strutting at a respectable $1.9 billion, and the trading volume has crossed the $200 million mark. Yes, folks, this is not a drill. The reversal from the $0.31-$0.32 zone? Absolute proof that demand is making its grand return, ending weeks of dormancy.
On the charts, ARB is making higher lows on the 4-hour timeframe, like a well-practiced gymnast. It’s also reclaiming short-term moving averages as if they were never in doubt. But wait, the big test lies at $0.35 to $0.36-remember, that’s the resistance level that played hard to get in the past. But, should this momentum keep on marching and volume keep climbing, the next goal could very well be the $0.40 zone. Oh, and let’s not forget the ever-reliable Fibonacci retracement lurking nearby. 🧮
Arbitrum’s Long-Term Potential: Will ARB Touch $1? 🤔
Zip’s chart is the oracle we all need right now, and it’s telling us that Arbitrum’s larger market structure is still holding strong above the key weekly lows. It’s like the fortress of a medieval kingdom, just waiting for the next wave of invaders (buyers) to storm the gates. The Fibonacci levels on the weekly chart suggest that the real showdown lies between $0.95 and $1.00. This zone was once the mighty pivot of the last market cycle. Who wouldn’t want a piece of that action?
And if that glorious $0.30 base holds? Well, ARB could inch its way toward that upper band over the next few months like a creeping vine of success. Should the token smash through $0.40, then the mid-term trend reversal will be confirmed. But if it holds above $0.32? A bull market could be on the horizon. Fibonacci extension levels suggest a possible long-term rally to the $0.95-$1.05 range. The dreams of ARB holders just got a whole lot more tangible, folks. 🌠
On-Chain Inflows: ARB’s Financial Blood Is Getting a Boost 💸
Over the past three months, Arbitrum has been the darling of the on-chain world, with a staggering $28.8 billion in inflows. And guess what? A large chunk of that is in USDC, tied to Hyperliquid activity. It’s like Arbitrum just opened a floodgate and the capital is pouring in. If this continues, there’s no stopping ARB from establishing its dominance as the Ethereum ecosystem’s golden child.
This kind of sustained influx from institutions and liquidity providers usually spells one thing-price strength. The rising net inflow trend only adds more weight to Arbitrum’s potential for long-term growth. 💪
The Short Squeeze Is Coming: ARB’s Next Move 🔥
According to Jesse Peralta’s liquidation heatmap, we’ve got a short squeeze situation brewing between $0.35 and $0.36. With a ton of liquidity sitting just above current price levels, all it takes is a little nudge-perhaps a moderate buying spree-and ARB could shoot straight to the $0.36-$0.38 zone. 🚀
The heatmap is also showing that the downside liquidity is thinning out. This means that the risk of a deep retracement is slim. With short exposure unwinding, ARB could be on the verge of a relief rally. Especially if it closes above $0.34 on higher timeframes. 🍿
Arbitrum: Not Just a Token, But a Revolution 🔄
Shaurix’s data backs it up-Arbitrum’s daily transactions range from 2.1 million to 4.3 million. That’s some serious network usage, folks. It’s giving Ethereum mainnet a run for its money in certain metrics. High throughput leads to high fees and validator revenue, making Arbitrum a solid force in the Layer-2 space. 💸
Final Thoughts: Arbitrum’s Revival Is Real
Arbitrum’s comeback is nothing short of miraculous. With technical indicators and on-chain growth pointing in the right direction, this token might just be the hidden gem we’ve all been waiting for. As long as ARB stays above $0.32, the bullish trajectory remains intact. If $0.40 gets breached, a long-term rally to $1.00 could be on the cards. The market’s future looks very promising for Arbitrum. 🎉
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2025-10-28 01:01