#Arbitrum reached the top of the ascending channel but could not break through. At the moment, the possibility of correction to the support of $1.2760 - $1.2910 is more likely.
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#Arbitrum price is now in correction mode after the pumped it experienced and is likely to continue to decline once again to the $1.1160-1.0970 support.
The price of #Arbitrum was able to break the trend line after the fourth time hitting, and it grew to the previous ceiling, that is, to the resistance of $1.5830-$1.6100 . It can do pull-back now for having stronger start and more growth.
Transactions on #Arbitrum have hit the 200m mark for the first time.
The price of #Arbitrum is moving in a downward channel, and according to it, it is now trying to reach the ceiling of this downward channel and the resistance of $1.0880-1.0350.
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The price of #Arbitrum has broken the resistance of $1.2980 - $1.3730 and according to the strong candles that have been formed, the upward trend will continue. The next target for the price is $2.
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