ARBUSDT Consolidates Near Key Support As Buyers Show Resilience

Arbitrum Price Forecast – 8th of July

The ARB/USDT indicates a consolidation phase, with the asset oscillating around a crucial support level. Buyers have demonstrated resilience in defending this area. This suggests a potential base-building period as the market seeks a new directional catalyst.

Arbitrum Key Levels

Support Levels: $0.2430, $0.2740
Resistance Levels: $0.4610, $0.6460

The daily chart for ARBUSDT clearly shows a corrective phase since its high in early 2025. After a significant decline, the price found substantial support around the $0.2438 level in late March/early April, which has since served as a strong demand zone. While there was a notable rally attempt towards $0.4617 in May, sellers quickly defended this resistance, pushing the price back down into a tighter consolidation. Currently, ARB is trading at $0.3336, holding above the long-term support.

The overall long-term trend suggests that sellers are gradually losing their dominance at lower prices, allowing buyers to establish a potential accumulation zone within this range. ARB is currently consolidating within a broader range, with the $0.2438 support proving resilient. The Money Flow Index (MFI) (14) is at 54.49, hovering slightly above the neutral 50-mark. This indicates a relatively balanced money flow, with neither overwhelming buying nor selling pressure, which is consistent with consolidation.

Arbitrum Short-Term Trend: Bearish (4-Hour Chart)

The 4-hour chart provides a more immediate view, showing ARB/USDT consolidating tightly around $0.3336, with a minor uptick of +0.48%. This timeframe highlights the price moving in a relatively flat, sideways manner after a brief rally attempt around the beginning of July. Buyers are attempting to sustain the price above $0.3000, while sellers are preventing any significant upward movement towards $0.4000.

The Money Flow Index (MFI) (14) is at 60.44, indicating a slight tilt towards buying pressure in the very short term, but still within a range that suggests equilibrium rather than a strong trend.

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

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.