A life-or-death battle on Arbitrum (ARB): These levels are critical!

Arbitrum (ARB)** has come to the fore with its technical analysis, which has increased network activity.

Arbitrum, which is well known to the Turkish crypto ecosystem, has shown itself with its statistics in recent days. The Layer-2 project, which surpassed the Solana ecosystem in terms of active users, attracted great attention. However, the popular coin, which has not yet been able to reflect this performance at its price, has naturally confused people. What levels will be important to follow for Arbitrum, which is seen as one of the star candidates of the 2024 bull?

The final bend for Arbitrum!

ARB, one of the favorite cryptocurrencies of Crypto investors, has been in the fall trend for a long time. The ARB, which is currently trying to maintain a critical support level, is trading in the 0.96 band. If the layer-2 trend starts, the Bitcoin jumps above $65,000, or the Bitcoin dominance falls, the rise movement for the popular coin could begin.

In such a scenario, the resistance levels would be $1.2338 – $1.4588 – $1.6414 – $1.70 – $1.80 – $2.1069 – $2.2767 – $2.4240, respectively. The breakout of the ATH will be the harbet of the bull season for the pair.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.