Arbitrum Price Forecast: September 10
Today, the ARBUSD price erases downward forces amidst the current market correction, signaling a potential rebound. The coin is running a bullish race and remains stable on the upside. Hence, the coin price will move higher above the current resistance level if buyers should exert more force into the price action in the market. The $2.256 high trend line might be retested, leading Arbitrum price to the $2.500 upper supply trend level and beyond, suggesting a good entry point for the coin investors.
Key Levels:
Resistance Levels: $0.800, $0.900, $1.000
Support Levels: $0.400, $0.300, $0.200
ARBUSD Long-term Trend: Bullish (Daily Chart)
ARBUSD price erases downward forces amidst the current correction, signaling a potential rebound in its long-term view. The prices are traded above the moving averages, confirming a bullish trend and the high impact of the bulls on the asset. 
The coin made it to the $0.505 high level during the previous action and has made the price erase the downward forces and remain in green above the supply trend level in its recent high.
At the press time, the bulls caused a rise in the Arbitrum price to a $0.513 high level above the moving averages as the daily session commences today, indicating that the traders are actively buying at this level to erase downward forces.
Hence, should the bulls increase their buying motives, the previous high of $2.256 value might be retested soon, suggesting a potential buying opportunity for interested traders.
In addition, the ARBUSD market is pointing up on the daily stochastic, suggesting the emergence of more buyers to move the coin price up to a significant level at the upside, and this might hit the $2.500 supply trend mark in the coming days as the coin buyers erase the downward forces in its higher time frame.
ARBUSD Medium-term Trend: Bullish (4H Chart)
The Arbitrum price erases downward forces as it continues its journey upwards on the medium-term outlook. The rising pattern is due to the high interest and confidence of the investors in the asset. 
The bulls’ pressure on the coin to the $0.505 high value during the past session has enabled the coin price to erase downward forces and maintain an upward strength above the resistance trend levels in its recent price level.
Today, the bulls increased momentum erased the downward forces and increased the ARBUSD price to the $0.513 resistance value above the EMA-50 shortly after the 4-hourly chart opened, indicating that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price tendency will move above the key levels.
Notably, the ARBUSD price is pointing upwards on the daily stochastic, implying that the coin price may continue going up and head toward the $2.500 upper high trend line in the days ahead as it erases downward forces in its medium-term perspective.
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