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Arbitrum price prediction 2024 – 2030: ARB breaks key barrier

3d ago
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bearish:

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Key takeaways:

  • Our ARB predictions anticipate a high of $1.099 by the end of 2024.
  • In 2025, it will range between $0.923 and $1.04, with an average price of $0.962.
  • In 2030, it will range between $6.12 and $7.07, with an average price of $6.29.

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$0.714
Market cap$2,306,105,701
Trading volume$379,758,53
Circulating supply3,231,588,116
All-time high$2.40 on Jan 12, 2024
All-time low$0.70 on Jul 4, 2024
24-hour low$0.7065
24-hour high$0.7721

Arbitrum price prediction: Technical analysis

MetricValue
Volatility (30-day variation)11.98%
50-day SMA$0.9880
200-day SMA$1.4576
SentimentBearish
Fear and Greed Index44 (Fear)
Green days13/30 (43%)

Arbitrum price analysis: ARB registers new ATL

Key takeaways:

  • ARB drops lower and into oversold territory
  • ARB registers ATL at $0.699.

ARB/USD 1-day chart: ARB set for reversal

ARB/USD 1-day chart. Image source: TradingView

The William Alligator trendlines indicate high market volatility as ARB drops lower and into oversold territory. The chart shows ARB is in for a major reversal that could help investors offset some losses. If ARB bounces back into a bullish run following restored investor hope, it could potentially breach the $0.92 breaking point.

ARB/USD 4-hour chart: ARB registers ATL at $0.699.

ARB/USD 4-hour chart. Image source: TradingView

ARB has formed a three-black crow candle formation, a bearish continuation pattern forcing ARB to a new ATL in oversold territory at $0.699 registered on Binance. The $1.769 level is now a focal point, determining whether Arbitrum will recover to previous highs. The relative strength index (RSI) is in oversold territory, so there is room for a sharp reversal.

Arbitrum technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.8066SELL
SMA 50.7945SELL
SMA 100.8061SELL
SMA 210.8484SELL
SMA 500.9880SELL
SMA 1001.1325SELL
SMA 2001.4576SELL

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 30.8107SELL
EMA 50.8123SELL
EMA 100.8250SELL
EMA 210.8759SELL
EMA 500.9877SELL
EMA 1001.1417SELL
EMA 2001.2605SELL

What can we expect from ARB price analysis next?

Per our analysis, Arbitrum is bearish, with the Fear & Greed Index showing investors are fearful as it drops lower into oversold territory. The direction of the next breakout is potentially bullish; however, a lower breakout also remains plausible. Looking ahead, let’s explore the ARB price prediction from 2024 to 2030.

Is Arbitrum a good investment?

Arbitrum is a leading Layer 2 blockchain with an impressive TVL. The network also achieves development milestones, like quadrupling transactions after integrating EIP-4844, which cuts transaction costs by 90%. Despite a gloomy month, price predictions suggest a different narrative.

Why is Arbitrum down?

Arbitrum’s current drop is inconsistent with the network’s activity. The coin’s drop this year is consistent with the drop in crypto market valuation.

Will Arbitrum recover?

Arbitrum has formed a new ATL and indicates the potential to drop lower; despite this, network participation has remained consistently high, and as a result, Daily active addresses (DAA) have remained relatively high. This suggests AR will eventually recover. These indicators point to an eventual recovery.

Will Arbitrum reach $1?

Aribtrum’s 100-day SMA is above $1, meaning ARB is oversold and has the potential to rise above its value within the coming three months.

Will Arbitrum reach $10?

According to Cryptopolitan price predictions, it is unlikely that ARB will trade at $10 in the period ending in 2030.

Will Arbitrum reach $100?

According to Cryptopolitan price predictions, it is unlikely that ARB will trade at $100 in the period ending in 2030.

Does Arbitrum have a good long-term future?

A high adoption rate is crucial for any blockchain’s long-term success and sustainability. Arbitrum’s performance in this regard is a positive sign of its future performance despite the price declines.

Recent news/ updates

Open Campus has announced receiving a grant from the Fondazione Arbitrum to launch EDU Chain, the first layer3 blockchain for education. Animoca Brands, among others, supports the project.

ARB price prediction July 2024

The Arbitrum price forecast in July is a maximum price of $1.022 and a minimum price of $0.699. The average price for the month will be $0.867.

MonthPotential low ($)Potential average ($)Potential high ($)
July0.6990.8671.022

ARB price prediction 2024

For the second half of 2024, ARB’s price will range between $0.699 and $1.0995. The average price for the period will be $0.995.

YearPotential low ($)Potential average ($)Potential high ($)
20240.6990.9951.099

Arb price prediction 2025-2030

YearPotential low ($)Potential average ($)Potential high ($)
20250.9230.9621.04
20261.361.411.59
20272.012.072.41
20282.933.013.57
20294.174.294.98
20306.126.297.07

Arbitrum price prediction 2025

The Arbitrum price forecast for 2025 is a high of $1.04. It will reach a minimum price of $0.923 and an average price of $0.9621.

Arbitrum price prediction 2026

The year 2026 will be bullish. Our Arbitrum price prediction estimates it will range between $1.36 and $1.59, with an average trading price of $1.41.

Arbitrum price prediction 2027

Arbitrum’s price prediction climbs even higher into 2027. According to the prediction, ARB’s price will range between $2.93 and $3.57, with an average price of $3.01.

Arbitrum price prediction 2028

Our analysis indicates a further acceleration in ARB’s price. It will trade between $4.17 and $4.98 and an average of $4.29.

Arbitrum price prediction 2029

According to the 2029 ARB price prediction, the price of ARB will range between $6.12 and $7.07, with an average price of $6.29.

Arbitrum price prediction 2030

The ARB price prediction for 2030 indicates the price will range between $8.39 and $10.60. The average price of ARB will be $8.71.

Arbitrum price history 2024-2030

ARB market price prediction: Analyst’s ARB price forecast

Platform202420252026
Digitalcoinprice$1.48$1.80$2.48
Changelly$1.45$1.41$2.07
Gate.io$0.78$0.87$1.07

Cryptopolitan’s ARB price prediction

Our predictions show that ARB will achieve a high of $1.099 in the second half of 2024. In 2025, it will range between $0.923 and $1.04, with an average of $0.962. In 2030, it will range between $6.12 and $7.07, with an average of $6.29. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

Arbitrm 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.
  • On Sep 11, 2023, it fell to its all-time low at $0.7453.
  • Bitcoin halving and crypto ETF hype helped the coin recover from October. By the end of the year, it had risen to $1.4.
  • The run continued into 2024. On Jan 12, it reached its all-time high at $2.40.
  • Per Coinmarketcap data, ARB broke below its listing price in June 2024.
  • This month it registered a new all-time low, breaking the previous record set in Sep 2023 at $0.7453.
ARB price history. Image source CoinStats.

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