Arbitrum Price Forecast: ARBUSD Rejection At $0.4820 is Fatal For Buyers

Arbitrum Price Forecast: February 24

The Arbitrum price forecast suggests a higher likelihood of further declines following rejection at the $0.4820 resistance level.

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

Resistance Levels: $0.4820, $0.5665
Support Levels: $0.3000, $0.3800
The Arbitrum market has been experiencing a significant bearish phase since the beginning of the year. Buyers have attempted to build momentum on several occasions, but each effort has been met with strong resistance from sellers. The most recent attempt was once again rejected at the $0.4820 resistance level, causing the price to hover around $0.3800.

Arbitrum Price Forecast: ARBUSD Outlook

Shortly after falling below $0.4820, the bulls tried to regain control and counter the prevailing market trend.

This led to a series of Parabolic SAR dots appearing below the candles, signaling a potential shift. However, the price faced rejection, causing the dots to switch above the candles, reinforcing bearish sentiment.

The Momentum indicator initially showed an upward movement as the price tested the $0.4820 resistance level, but following the rejection, the momentum line sharply declined into negative territory.

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

On the 4-hour chart, as the price approached the $0.4820 resistance level, the Parabolic SAR dots alternated around the candlesticks. This pattern persisted until February 22, when buyers lost strength, leading to a sharp drop to $0.3800.
.4820 is Fatal For Buyers" width="1768" height="868" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/02/ARBUSD-4HRS-1.png"/> Meanwhile, the Momentum indicator followed a similar trajectory, fluctuating near the zero level for nearly three weeks before plunging into negative territory. Given the latest setback, ARBUSD could potentially decline further below $0.3800, reinforcing the importance of monitoring reliable crypto signals for market insights.

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.