Arbitrum Market Prediction: ARBUSD Buyers Aim to Breach $0.80000 Level

ARBUSD Market Prediction – July 15th

The ARBUSD market prediction shows buyers have taken control, breaching the $0.67880 market level, and are now determined to push towards the $0.80000 key resistance.

ARBUSD Long-Term Trend: Bearish (1-Day Chart)
Key Levels

Resistance Levels: $1.08040, $0.84410
Support Levels: $0.67880, $0.56170
The ARBUSD buyers have taken control, breaching the $0.67880 market level, and are now determined to push towards the $0.80000 key resistance. The crypto buyers faced a heavy defeat from the $1.3000 key level just two months ago, but they managed to recover after the price fell to the $0.56170 market area.

ARBUSD Market Prediction: ARBUSD Anticipation

The buyers have strengthened their pursuit and are aiming to rise through the $0.80000 key level. Above the $0.67880 market area, the buyers are fully prepared to keep fighting, and the Momentum indicator is still high on the flow. This suggests that the buyers are not backing down easily.

The Stochastic Oscillator is also on the rise, but it is still too soon to reach its climax. The current market dynamics suggest that the ARBUSD buyers have regained their footing and are determined to push the price higher.

The technical indicators, such as the Momentum and Stochastic Oscillator, are providing similar scenarios. Therefore, the overall sentiment as seen on trading platforms seems to be shifting in favor of the buyers.

ARBUSD Medium-Term Trend: Bearish (4-Hour Chart)

The short-term timeframe puts the buyers in a relaxed zone, as the bullish pressures have declined and the sellers are setting in once more.
However, a rise from the Momentum indicator followed by a signal from the Stochastic Oscillator could provide an opportunity for the buyers to put up a fight once again. Very soon, the $0.80000 key level may be broken as the buyers forge ahead. Crypto signals can provide further insights into the market trends and potential movements.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.