Arbitrum Price Forecast: July 27
The Arbitrum price is very likely to face the positive side after completing the dip lows and the price might possibly retest the $1.350 supply level. Therefore, the coin price breakup from the support trend line at a $1.163 value will release the trapped bullish momentum. Hence, the upcoming bullish pattern may push the price up to the $1.350 resistance level.
Thus, a turnaround and clear buy signal for the coin holders.
Key Levels:
Resistance Levels: $1.650, $1.750, $1.850
Support Levels: $1.350, $1.250, $1.150
ARBUSD Long-term Trend: Bearish (4H chart)
Arbitrum price is in a bearish market at the moment in the higher time frame, this is because the sell traders are now involved in the order flow. 
Further, the price action can be seen below the two moving averages. Thus, the current trend will soon end as the coin market now trades in the oversold region.
The high order flow from the bears during the previous action also added to this bearishness in recent times.
Today, the bulls are trying hard to remain above the $1.350 supply mark, so there is a possibility for the coin price to pull back at the current support of $1.163 value to invalidate the bearish theory.
In addition to that, the daily stochastic indicates that the price of ARBUSD is oversold already, we should now be looking forward to the emergence of long traders to turn around the market price of Arbitrum and in this case an upside.
If this is attained by the bulls, the recovery pattern might possibly retest the $1.350 supply trend line in the days ahead in its higher time frame.
ARBUSD Medium-term Trend: Bearish (1H chart)
The currency pair is bearish in its medium-term perspective. This is due to the bearish impact on the market. 
The bears acted bravely during the previous action by dropping the price of Arbitrum down to the $1.182 low value which enhanced the crypto price to remain below the supply trend levels in recent times.
The drop in the price of ARBUSD to the $1.163 low value below the supply levels as the 1-hourly chart commenced today is a result of low bullish momentum.
Thus, the coin price is set to advance further if the bulls can redouble their efforts and push above the current supply level.
With the overall market trend still bearish, the ARBUSD price is likely to plunge higher and retest the high accumulation zone of $1.327 value if the bulls can increase their buying motives.
Hence, a divergence is noticed as the daily stochastic signaled an uptrend, this means that the price of Arbitrum may likely turn upside soon to retest the $1.350 supply level soon in its medium-term outlook.
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