Mon, December 23

Arbitrum (ARB) Price Prediction 2024, 2025, 2026-2030 

Arbitrum (ARB) Price Prediction 2023 — Will ARB Hit $2 Soon? Crypto Price Prediction
  • Bullish ARB price prediction for 2024 is $1,2310 to $1.8017.
  • Arbitrum (ARB) price might reach $2 soon.
  • Bearish (ARB) price prediction for 2024 is $0.4594.

In this Arbitrum (ARB) price prediction 2024, 2025, 2026-2030,  we will analyze the price patterns of ARB by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS
INTRODUCTION
  • Arbitrum (ARB) Current Market Status
  • What is Arbitrum (ARB)?
  • Arbitrum (ARB) 24H Technicals
ARBITRUM (ARB) PRICE PREDICTION 2024
  • Arbitrum (ARB) Support and Resistance Levels
  • Arbitrum (ARB) Price Prediction 2024 — RVOL, MA, and RSI
  • Arbitrum (ARB) Price Prediction 2024 — ADX, RVI
  • Comparison of ARB with BTC, ETH
ARBITRUM (ARB) PRICE PREDICTION 2024, 2025, 2026-2030
CONCLUSION
FAQ

Arbitrum (ARB) Current Market Status

Current Price $0.8722
24 – Hour Price Change 4.79% Down
24 – Hour Trading Volume $1.47B
Market Cap $3.57B
Circulating Supply 4.10B ARB
All – Time High $2.40 (On Jan 12, 2024)  
All – Time Low $0.4317 (On Aug 05, 2024)  
ARB Current Market Status (Source: CoinMarketCap)

What is Arbitrum (ARB)

TICKERARB
BLOCKCHAINEthereum
CATEGORYLayer 2 Scaling Solution
LAUNCHED ONAugust 2021
UTILITIESGovernance, security, gas fees & rewards

Arbitrum is a new layer-2 scaling solution for the Ethereum blockchain developed by a new york based company known as Off-chain labs. Layer-2 scaling solutions are networks which sit on top of layer 1 blockchains to provide cheap and fast transactions. They reduce the congestion on the main blockchain by validating transactions separately and integrating them into the main chain.  

After its mainnet launch last year, Arbitrum’s scaling solution has seen a lot of success. As a result of this, several developers have used Arbitrum’s solutions to host their dApps. Arbitrum also supports integration with Ethereum Virtual Machine (EVM) making it easy for developers. 

Arbitrum 24H Technicals

(Source: TradingView)

Arbitrum (ARB) Price Prediction 2024

Arbitrum (ARB) ranks 34th on CoinMarketCap in terms of its market capitalization. The overview of the Arbitrum price prediction for 2024 is explained below with a daily time frame.

ARB/USDT Rounding Bottom Pattern (Source: TradingView)

In the above chart, Arbitrum (ARB) laid out a Rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.

At the time of analysis, Arbitrum (ARB) was recorded at $0.8722. If the pattern trend continues, then the price of ARB might reach the resistance level of $0.9747 and $1.9006. If the trend reverses, then the price of ARB may fall to the support levels of $0.6588 and $0.4723.

Arbitrum (ARB) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Arbitrum (ARB) in 2024.

ARB/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Arbitrum (ARB) for 2024.

Resistance Level 1$1.2310
Resistance Level 2$1.8017
Support Level 1$0.7636
Support Level 2$0.4594
ARB Resistance & Support Levels

Arbitrum (ARB) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Arbitrum (ARB) are shown in the chart below.

ARB/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Arbitrum (ARB) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.8902
Price = $0.6094
(50MA <  Price)
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions70.6790
<30 = Oversold
50-70 = Neutral

>70 = Overbought
Neutral
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

Arbitrum (ARB) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Arbitrum (ARB) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

ARB/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Arbitrum (ARB).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum51.9297Very Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period65.37
<50 = Low
>50 = High
High volatility

Comparison of ARB with BTC, ETH

Let us now compare the price movements of Arbitrum (ARB) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs ARB Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of ARB is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ARB also increases or decreases respectively.

Arbitrum (ARB) Price Prediction 2024, 2025 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Arbitrum (ARB) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
Arbitrum (ARB) Price Prediction 2025$4$0.2
Arbitrum (ARB) Price Prediction 2026$4.5$0.1
Arbitrum (ARB) Price Prediction 2027$5.2$0.09
Arbitrum (ARB) Price Prediction 2028$6.7$0.08
Arbitrum (ARB) Price Prediction 2029$7.5$0.07
Arbitrum (ARB) Price Prediction 2030$8.5$0.06

Conclusion

If Arbitrum (ARB) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Arbitrum (ARB) price prediction for 2024 is $1.8017. Comparatively, if unfavorable sentiment is triggered, the bearish Arbitrum (ARB) price prediction for 2024 is $0.4594.

If the market momentum and investors’ sentiment positively elevate, then Arbitrum (ARB) might hit $2. Furthermore, with future upgrades and advancements in the Arbitrum ecosystem, ARB might surpass its current all-time high (ATH) of $2.40 and mark its new ATH. 

FAQ

1. What is Arbitrum (ARB)?

Arbitrum is a new layer-2 scaling solution for the Ethereum blockchain developed by a New York-based company known as Off-chain Labs.

2. Where can you purchase Arbitrum (ARB)?

Arbitrum  (ARB)  has been listed on many crypto exchanges, including BlueBit, Binance, UEEx, OKX, and Bybit.

3. Will Arbitrum (ARB) reach a new ATH soon?

With the ongoing developments and upgrades within the Arbitrum Platform, ARB has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Arbitrum (ARB)?

On January 12, 2024, ARB reached its new all-time high (ATH) of $2.40.

5. What is the lowest price of Arbitrum (ARB)?

According to CoinMarketCap, ARB hit its all-time low (ATL) of $0.4317 on August 05, 2024.

6. Will Arbitrum (ARB) reach $2?

If Arbitrum (ARB) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $2 soon.

7. What will be Arbitrum (ARB)  price by 2025?

Arbitrum  (ARB)  price is expected to reach $4 by 2025.

8. What will be Arbitrum (ARB)  price by 2026?

Arbitrum (ARB) price is expected to reach $4.5 by 2026.

9. What will be Arbitrum (ARB) price by 2027?

Arbitrum  (ARB)  price is expected to reach $5.2 by 2027.  

10. What will be Arbitrum (ARB) price by 2027?

Arbitrum  (ARB)  price is expected to reach $6.7 by 2027.  


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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.