Arbitrum price prediction 2024 – 2030: ARB breaks key barrier
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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
Cryptocurrency | Arbitrum |
Ticker | ARB |
Current price | $0.7761 |
Market cap | $2,246,494,293 |
Trading volume | $423,707,510 |
Circulating supply | 2,896,440,329 |
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
Metric | Value |
Volatility (30-day variation) | 9.80% |
50-day SMA | $1.0540 |
200-day SMA | $1.4213 |
Sentiment | Bearish |
Fear & greed index | 74 (Greed) |
Green days | 13/30 (43%) |
ARB price analysis: ARB falls to its lowest
Key takeaways
- Arbitrum is 4% shy of registering a new record low.
- It is oversold over the timeframes.
ARB/USD 1-day chart: ARB drops to record lows
Arbitrum is 4% shy of registering a new record low, at current levels, it trades 55% below its listing price. At the same levels, it trades at this year’s low. The decline could be attributed to the general bear crypto market sentiment.
The MACD shows its registered negative momentum, which has forced it into oversold territory, with its RSI at 24.70. At the position, ARB is ripe for a reversal.
ARB/USD 4-hour chart: ARB remains range-bound
Arbitrum is also oversold on the 4-hour chart. It also registers negative momentum, limiting chances of a reversal over the short term. These indicators compound to ARB recording another record low. A tough period for long traders.
ARB technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value ($) | Action |
SMA 3 | 0.9806 | SELL |
SMA 5 | 0.9696 | SELL |
SMA 10 | 0.9683 | SELL |
SMA 21 | 1.0217 | SELL |
SMA 50 | 1.0540 | SELL |
SMA 100 | 1.2818 | SELL |
SMA 200 | 1.4213 | SELL |
Daily exponential moving average (EMA)
Period | Value ($) | Action |
EMA 3 | 1.0319 | SELL |
EMA 5 | 1.0690 | SELL |
EMA 10 | 1.1035 | SELL |
EMA 21 | 1.1083 | SELL |
EMA 50 | 1.1677 | SELL |
EMA 100 | 1.3002 | SELL |
EMA 200 | 1.3614 | SELL |
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 $1.14.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
June | 1.03 | 1.14 | 1.20 |
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 $1.45.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | $0.85 | $1.45 | $1.70 |
ARB price prediction 2025 – 2030
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 2.10 | 2.17 | 2.41 |
2026 | 3.19 | 3.28 | 3.61 |
2027 | 4.46 | 4.62 | 5.49 |
2028 | 6.60 | 6.78 | 7.79 |
2029 | 9.39 | 9.66 | 11.54 |
2030 | 13.69 | 14.18 | 16.33 |
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.
ARB market price prediction: Analyst’s ARB price forecast
Firm | 2024 | 2025 |
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.
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