Arbitrum (ARB) Price Prediction 2023
Arbitrum (ARB) ranks 37th on CoinMarketCap in terms of its market capitalization. The overview of the Arbitrum price prediction for 2023 is explained below with a daily time frame.
In the above chart, Arbitrum (ARB) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.
If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.
At the time of analysis, the price of Arbitrum (ARB) was recorded at $1.17. If the pattern trend continues, then the price of ARB might reach the resistance levels $1.4054. If the trend reverses, then the price of ARB may fall to the support $1.0524.
Arbitrum (ARB) ranks 37th on CoinMarketCap in terms of its market capitalization. The overview of the Arbitrum price prediction for 2023 is explained below with a daily time frame.
In the above chart, Arbitrum (ARB) laid out an ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows.
If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern.
At the time of analysis, the price of Arbitrum (ARB) was recorded at $1.17. If the pattern trend continues, then the price of ARB might reach the resistance levels $1.4054. If the trend reverses, then the price of ARB may fall to the support $1.0524.
