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ARB price prediction: Altcoin could increase by around 30% in the near future


The price of Arbitrum (ARB) broke above the important resistance zone of $1.7. Thus, it reached an all-time high of $2.43 in the first week of 2024. Following the initial decline, the price successfully confirmed the $1.7 zone as support in the previous week (blue arrow). Also, it formed a bullish pin bar candlestick. This move suggests that the bulls see the decline to the previous breakout level as a buying opportunity. Also, this is often a sign that the uptrend is leading to a continuation.
Meanwhile, the weekly RSI indicator is bullish and above 50. This points to an advantage for the bulls. If so, ARB price could rise again to an all-time high of $2.43. This target corresponds to an increase of 28.90% from the current price.
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MYLOVE❤️vip
· 2024-02-03 20:21
2024 TO DA MOON 🌕
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Aryan002vip
· 2024-02-03 17:50
BullRun 2024! 🐮
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Boxerqueenvip
· 2024-02-01 10:59
Thank you dear 🥰🌹New Year, New Gains! 🤑
Reply0
Asiftahsinvip
· 2024-01-31 15:05
Thank you so much for information
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【OpportunityKnocks】vip
· 2024-01-31 10:56
How high can 2024-2025 be?
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Endrose36vip
· 2024-01-31 08:02
New Year, New Gains! 🤑
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Miss_1903vip
· 2024-01-31 07:53
New Year, New Gains! 🤑
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Sakura_3434vip
· 2024-01-31 06:53
New Year, New Gains! 🤑
Reply0
Nunu123vip
· 2024-01-31 06:31
New Year, New Gains! 🤑
Reply0
CoinCircleRhinovip
· 2024-01-31 06:24
把握趋势,狂赚2024 ✌️
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