CryptoNeutralBlockonomi · 5h ago6/10
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Arbitrum (ARB) Breaks Descending Trendline After 96% Crash: Analyst Eyes 7400% Return to $5+
Arbitrum (ARB) has experienced a 96% decline from its all-time high and is currently trading near $0.12 after breaking out of a descending trendline. Following a capitulation event marked by a liquidity sweep to $0.065–$0.095, the token rallied 57%, with analysts projecting potential gains exceeding 7400% if it recovers to $5+, contingent on maintaining support above $0.27.
$ARB