• This article provides a price prediction for the cryptocurrency Arbitrum (ARB) in 2023, 2024, 2025-2030.
• It includes an analysis of the current market status and 24H technicals as well as support and resistance levels for ARB.
• Technical indicators such as RVOL, MA, RSI, ADX and RVI are used to predict potential price movements in the future.
Introduction
This article provides a price prediction for Arbitrum (ARB), a cryptocurrency which is ranked 36th on CoinMarketCap in terms of its market capitalization. It includes an analysis of the current market status and 24H technicals as well as support and resistance levels for ARB. Technical indicators such as RVOL, MA, RSI, ADX and RVI will be used to predict potential price movements in the future.
Arbitrum (ARB) Current Market Status
The current price of ARB is $1.15 with a 24-hour change of 0.58% up and a 24-hour trading volume of $118,346,521. The all-time high was recorded on March 23rd 2023 at $11.80 while the all-time low was recorded on June 15th 2023 at $0.9142.
What is Arbitrum (ARB)?
Arbitrum is a layer-2 scaling solution developed by Off-chain labs that sits on top of Ethereum’s blockchain to provide cheap and fast transactions while reducing congestion on the main chain. After its launch last year it has been integrated into several dApps due to its EVM compatibility making it easier for developers to use it in their projects.
Arbitrum (ARB) Price Prediction 2023
In this section we will analyze the daily chart time frame with technical analysis indicators such as RVOL, MA, RSI, ADX & RVI to make our predictions about ARB’s future price movements over the next 12 months:
Comparison Of ARB With BTC & ETH
We will also compare how ARB’s performance has compared against Bitcoin & Ethereum over recent months:
Arbitrum (ARB) Price Prediction 2024 – 2030
Finally we can look forward into 2024 – 2030 where we can see that there are some positive signs that suggest that prices could reach up to $3 within this period if conditions remain stable: