Arbitrum Price Forecast: April 25
Arbitrum is moving upwards and its price might touch the key significant level at the upside soon as the bulls are set for the renewed recovery potential. After the completion of the Bitcoin Halving, the coin price has been increasing steadily, if the long–term traders could add more tension to their buying forces, the post-rally price might touch the $2.406 resistance point which may extend to the $2.500 upper resistance area and beyond, creating a high supply region for buyers.
Key Levels:
Resistance Levels: $1.000, $1.100, $1.200
Support Levels: $0.800, $0.700, $0.600
ARBUSD Long-term Trend: Bearish (Daily chart)
Arbitrum is very likely to keep growing and this might touch the key supply level soon in its long-term outlook. The price is facing a resistance level below the moving average which confirms its bearishness. 
The short traders’ pressure on the cryptocurrency in the last 24 hours has made its price trade below the supply level at the moment. Hence, the coin price might touch the crucial level at the upside soon as the bulls are attempting to push the coin price further.
Shortly after the commencement of today’s daily chart, the ARBUSD price made a pullback to a $1.203 resistance level below the EMA-50.
The crypto is regaining its strength back, if buyers can increase their buying forces, the coin price might touch the previous high level at $2.406 bolstering the altcoin to enter a relief rally.
In addition, the daily signal suggests an uptrend. It is expected that buyers to push the price of ARBUSD further up to a significant level, this might touch the $2.500 upper resistance level in the higher time frame.
ARBUSD Medium-term Trend: Bullish (4H chart)
On the 4-hour chart, the ARBUSD price is above the moving averages and might touch the key resistance level to stabilize the upward move. 
The price increase by the bulls to a $1.188 high value during the previous action has made the coin price trade above the supply levels in its recent high.
After the completion of the low dips, the bulls made touch at the $1.203 high level above the EMA-50 as a pullback as the 4-hourly chart resumes today. This is a result of more concerns from the buy investors.
Therefore if the bulls put extra effort into the buying pressure, the Arbitrum price might touch the $1.166 previous swing high, resulting in an opportunity for the coin traders to push the asset prices higher.
Similarly, the daily signal shows that the price action is also moving upward, we can expect the price distribution to touch the $2.500 supply level and beyond sooner in its medium-term outlook.
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