Arbitrum Price Forecast: ARBUSD Set to Promisingly Jump to $1.3310

Azeez Mustapha

Updated:

UNLOCK DAILY FOREX SIGNALS

Select a Plan

£40

 1-month subscription

Select

£30

 3-month subscription

Select

£21.5

 6-month subscription

Select

£399

 lifetime subscription

Select

£50

 Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Arbitrum Price Forecast: August 14

The Arbitrum price forecast is for the price to make another leap toward the $1.3310 resistance to break through it.

Arbitrum Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $1.2880, $1.3310
Zones of Demand: $1.1550, $1.0620

Arbitrum Price Forecast: ARBUSD Set to Promisingly Jump to $1.3310

ARBUSD bulls remain in the struggle to push the market to a higher price level. Having used a bullish reversal formation to push the coin above $1.1550, the next task is to push it further beyond the $1.3310 supply line. The coin has been rejected once at this level, but the price is due to make another leap toward the level from the $1.1550 support level.

Arbitrum Price Forecast: ARB/USD Outlook

ARBUSD is aiming for a rise toward the $1.3310 level. This struggle of ARBUSD bulls to propel the market to higher price levels continues.

After utilizing a bullish reversal pattern to drive the coin above $1.1550, the subsequent objective is to extend the surge beyond the $1.3310 supply threshold.

While facing a prior rejection at this level, the price is poised to undertake another leap from the $1.1550 support level toward the target.

ARB/USD Medium-Term Trend: Bullish (1-hour chart)

The daily chart showcases the Stochastic Oscillator lines pausing short of entering the overbought region, instead dipping below the 50 mark, reflecting the recent setback at $1.3310. Concomitantly, the Parabolic SAR (Stop and Reverse) dots have transitioned beneath the daily candles, indicative of the bulls’ concealed efforts to propel the price higher.

Arbitrum Price Forecast: ARBUSD Set to Promisingly Jump to $1.3310

On the 4-hour chart, a definitive direction appears elusive. The Stochastic lines have descended into the bearish domain, maintaining fluctuation within this territory. Meanwhile, the Parabolic SAR dots exhibit rapid alternation around the 4-hour candlesticks, presently positioned above them.

 

Place winning Quant trades with usGet QNT here

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *