ARBARBArbitrum
$0.12
24h
-11.97%
Michaël van de PoppeMichaël van de Poppe
19 Jul, 14:00

ARB bullish breakout expected

Bullish+43.12%

AI Summary

Author expects ARB to move upward with potential 20-40% gain in the coming week based on technical analysis showing support at moving averages and resistance flip.

$ARB looks like it wants a new leg upwards. If that happens, I think we'll start to see a coincidence across the board: - Holding the MA's as support. - Based on those MA's it's finding demand from buyers. - It's flipping a previous resistance level for support. Wouldn't be surprised to see a 20-40% candle on $ARB in the coming week.

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