Arbitrum (ARB) Price Prediction 2023
Arbitrum (ARB) ranks 37th in CoinMarketCap’s market cap ranking. Arbitrum’s overview of price predictions to 2023 is explained below in a daily time frame.
In the chart above, Arbitrum (ARB) has formed an ascending triangle pattern. An ascending triangle is a characteristic pattern of an ongoing bullish trend. The triangle is formed by a horizontal upper trendline connecting highs and a lower trendline connecting rising lows.
If the trend breaks above the resistance, the price will continue to rise within this ascending triangle pattern.
At the time of analysis, Arbitrum (ARB) was trading at $1.17. If the pattern trend continues, the price of ARB could hit the resistance at $1.4054. If the trend reverses, the price of ARB could drop to the support at $1.0524.
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