ARBUSD Buyers Regain Momentum Near $0.4000 Key Level
Login

ARBUSD Buyers Regain Momentum Near $0.4000 Key Level

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Arbitrum Analysis – Price Strives to Get Stronger

Arbitrum sellers are beginning to show signs of exhaustion, creating an opportunity for buyers to regain momentum around the $0.4000 significant zone. After a period of bullish progression, the buyers faced resistance at the $0.5450 key level and were unable to push through, leading to a pullback toward the $0.4000 market area.

ARBUSD Key Levels

Support Levels: $0.4000, $0.3500
Resistance Levels: $0.5000, $0.5450

ARBUSD Buyers Regain Momentum Near $0.4000 Key Level

ARBUSD Long Term Trend: Bullish (Daily Chart)

Arbitrum is showing signs of a potential bullish recovery after finding support at the $0.4000 significant level. This zone is acting as a foundation for buyers to rebuild strength and prepare for a move higher. With buyers gaining momentum, the market could target resistance at $0.5000, with $0.5450 as the next critical level to challenge. The Momentum indicator suggests that bullish activity is gradually increasing, while the RSI indicates that buyers are in a recovery phase. If buyers maintain their recovery, a sustained upward push is likely in the coming sessions.

The outlook for ARBUSD remains cautiously optimistic as buyers work to regain their footing around the $0.4000 support level. A strong defense of this zone could pave the way for a bullish recovery, with targets at $0.5000 and $0.5450. Traders should watch the Momentum indicator for signs of strengthening bullish activity and monitor the RSI for confirmation of recovery progress. Support at $0.4000 will be crucial for preserving the bullish outlook.

ARBUSD Buyers Regain Momentum Near $0.4000 Key Level

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

On the short-term chart, buyers are slowly gaining pace as they approach the $0.4000 key level. The Momentum indicator shows early signs of bullish activity, while the RSI reflects a gradual recovery by buyers.

The immediate focus for buyers will be to solidify their position above $0.4000 and aim for a push toward $0.5000. If the bulls maintain their recovery efforts, the market could see further upward movement in the short term, challenging higher resistance levels.

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

NoteLearn2.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.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News