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Arbitrum price prediction 2024 – 2030: ARB breaks key barrier

8d ago
bullish:

0

bearish:

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Key takeaways

  • Our ARB predictions anticipate a high of $1.74 by the end of 2024.
  • In 2025, it will range between $2.10 and $2.41, with an average price of $2.17.
  • In 2030, it will range between $13.69 and $16.33, with an average price of $14.18.

Layer 2s have made quite a buzz over the last few months because of their high network activity. Arbitrum led the Layer 2 pack with a total value locked (TVL) of $2.888 billion. Arbitrum is an Optimistic Rollup solution that shifts network operations away from the Ethereum mainnet while maintaining Ethereum-level security.

Also Read: Arbitrum Reaches All-Time High for Newly Created Addresses

Arbitrum’s BOLD testnet also went live; when integrated into the mainnet, the update will enable permissionless validation on Arbitrum. This means that anyone can challenge the state of the Arbitrum network. Currently, validators are allow-listed.

Is Arbitrum a good investment? Will it go up? Where will it be in 5 years? Let’s answer these questions and more in our Arbitrum price prediction.

Overview

CryptocurrencyArbitrum 
TickerARB
Current price$0.7761
Market cap$2,246,494,293
Trading volume$423,707,510
Circulating supply2,896,440,329
All-time high$2.40 on Jan 12, 2024
All-time low$0.7453 on Sep 11, 2023
24-hour high$0.8886
24-hour low$0.7524

ARB price prediction: Technical analysis

MetricValue
Volatility (30-day variation)9.80%
50-day SMA $1.0540
200-day SMA$1.4213
SentimentBearish
Fear & greed index74 (Greed)
Green days13/30 (43%)

ARB price analysis: ARB falls to its lowest

Key takeaways

  • Arbitrum is 4% shy of registering a new record low.
  • It is oversold over the timeframes.

ARB/USD 1-day chart: ARB drops to record lows

Arbitrum is 4% shy of registering a new record low, at current levels, it trades 55% below its listing price. At the same levels, it trades at this year’s low. The decline could be attributed to the general bear crypto market sentiment. 

The MACD shows its registered negative momentum, which has forced it into oversold territory, with its RSI at 24.70. At the position, ARB is ripe for a reversal. 

ARB/USD 4-hour chart: ARB remains range-bound

Arbitrum is also oversold on the 4-hour chart. It also registers negative momentum, limiting chances of a reversal over the short term. These indicators compound to ARB recording another record low. A tough period for long traders.

ARB technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.9806SELL
SMA 50.9696SELL
SMA 100.9683SELL
SMA 211.0217SELL
SMA 501.0540SELL
SMA 1001.2818SELL
SMA 2001.4213SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 31.0319SELL
EMA 51.0690SELL
EMA 101.1035SELL
EMA 211.1083SELL
EMA 501.1677SELL
EMA 1001.3002SELL
EMA 2001.3614SELL

Recent news/ opinions

In an attempt to bolster Arbitrum’s gaming ecosystem, over $250 million worth of ARB will be unlocked over the next three years following support for a DAO proposal that token holders voted on. 

What can you expect from the ARB price analysis next?

Per our analysis, the current sentiment is Bearish, with the Fear & Greed Index at 74 (Greed). Arbitrum recorded 13/30 green days with 9.80% price volatility over the last 30 days. Looking at the chart analysis, ARB is gradually declining as it seeks the next breakout.

Is ARB a good investment?

Arbitrum is a leading Layer 2 blockchain with an impressive TVL. The network is also achieving development milestones. Despite a gloomy month, price predictions suggest a different narrative.

ARB price prediction June 2024

The Arbitrum price forecast in June is a maximum price of $1.20 and a minimum price of $1.03. The average price for the month will be $1.14.

MonthPotential low ($)Potential average ($)Potential high ($)
June1.031.141.20

ARB price prediction 2024

For the second half of 2024, ARB’s price will range between $0.85 and $1.70. The average price for the period will be $1.45.

YearPotential low ($)Potential average ($)Potential high ($)
2024$0.85$1.45$1.70

ARB price prediction 2025 – 2030

YearPotential low ($)Potential average ($)Potential high ($)
20252.102.172.41
20263.193.283.61
20274.464.625.49
20286.606.787.79
20299.399.6611.54
203013.6914.1816.33

Arbitrum price prediction 2025

The Arbitrum price forecast for 2025 is a high of $2.41. It will reach a minimum price of $2.10 and an average of $2.17.

Arbitrum price prediction 2026

The year 2026 will be bullish. Our Arbitrum price prediction estimates it will range between $3.19 and $3.61, with an average trading price of $3.28.

Arbitrum price prediction 2027

Arbitrum’s price prediction climbs even higher into 2027. According to the prediction, ARB’s price will range between $4.46 and $5.49, with an average price of $4.62.

Also Read: Pyth Network, Avalanche, and Arbitrum each experience a token unlock of over $1.5 billion.

Arbitrum price prediction 2028

Our analysis indicates a further acceleration in ARB’s price. It will trade between $6.60 and $7.79 and average $6.78.

Arbitrum price prediction 2029

According to the 2029 ARB price prediction, the price of ARB will range between $9.39 and $11.54, with an average of $9.66.

Arbitrum price prediction 2030

The ARB price prediction for 2030 indicates the price will range between $13.69 and $16.33. The average price of ARB will be $14.18.

Arbitrum price prediction 2024 - 2030: ARB breaks key barrier
ARB price prediction 205-2030

ARB market price prediction: Analyst’s ARB price forecast

Firm20242025
Digitalcoinprice$2.15$2.60
Gate.io$1.12$1.23
Changelly$1.76$2.21

Cryptopolitan’s ARB price prediction

Our predictions show that ARB will achieve a high of $1.70 in the second half of 2024. In 2025, it will range between $2.10 and $2.41, with an average of $2.17. In 2030, it will range between $13.69 and $16.33, with an average of $14.18. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

ARB historic price sentiment

  • The Arbitrum airdrop snapshot occurred on Feb 6, 2023, and eligible participants started claiming on Mar 23, 2023. The claiming period ended on Sep 24, 2023. 
  • The airdrop granted 11.5% of the total supply to eligible users, 1.1% to DAOs operating in the Arbitrum ecosystems, and 44% to employees and Offchain Labs investors. The 44% is subject to lock-up periods and a vesting schedule. The rest was sent to the Arbitrum DAO treasury.
  • The ARB token was used to govern the Arbitrum ecosystem.
  • Coinmarketcap data shows ARB started trading at $1.324. It later crushed in September to its all-time low of $0.7453. 
  • Pre-halving and crypto spot ETFs hype helped the coins recover from October. By the end of the year, it had reached $1.4.
  • The run continued into 2024. On January 12, it reached its all-time high at $2.40. 
  • The coin later reversed in April, losing over half its value.
Arbitrum price prediction 2024 - 2030: ARB breaks key barrier
Image Source: CoinStats   
8d ago
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