- ARB has broken past $0.50 resistance, building a solid support base.
- The current price setup suggests ARB could potentially double, with $1.16 in sight as bullish momentum continues to build.
- A rise in trading volume suggests ARB is gearing up for a major move after months of quiet consolidation.
Arbitrum has exploded past the $0.50 resistance, flipping it into support.Bulls are gaining control, and traders are now watching closely if ARB can maintain momentum and charge toward the $1.16 target? The token has gained 2.07% in the last 24 hours, now trading at $0.5094, though it’s still down 11.79% over the past 7 days.
Breakout Confirmation and Support Retest
Recent analysis from WorldOfCharts confirms that ARB has broken above a long-standing resistance zone between $0.48 and $0.50. The breakout was supported by a strong bullish candle with high volume and a wide body. Since then, the price has retested the same zone and successfully formed a support base.
The ARB/USDT daily chart on Binance shows higher lows and consistent buying activity near the new support. Market structure has shifted to a bullish trend with no visible reversal signals. As of now, ARB is trading around $0.5106, posting marginal gains while staying above the horizontal support.
WorldOfCharts suggests that if ARB continues to hold this zone, it may rally up to 132.68%, targeting the $1.16 area. This projection aligns with previous price levels last seen in December 2024, before a major correction occurred.
Multi-Timeframe Support and Long-Term Structure
The weekly chart paints a bullish picture for ARB, now holding strong above two key support zones marked in purple and blue. These areas were tested several times in 2024 and 2025, showing their strength as solid support.
ARB is also forming higher highs and higher lows, a classic sign of recovery after a long stretch of sideways movement. Volume has picked up near the breakout zone, pointing to steady buyer interest and growing momentum behind the move.
A black arrow drawn from the breakout area targets the $1.50 region. Price action remains aligned with this projection while ARB holds above the $0.47–$0.49 zone. There are no current bearish reversal patterns observed on the weekly timeframe.
Short-Term Consolidation and Momentum Shift
On the 4-hour chart, ARB is moving in a range between $0.48 and $0.55. Recently it bounced off the $0.50 level, showing signs of strength after a stretch of lower highs and lows as from mid-August.
Indicators reflect a shift in momentum. The MACD line crossed above the signal line, and RSI rebounded from oversold levels. Volume remains moderate but steady. ARB needs to reclaim $0.531 to resume its previous high of $0.613.
