• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Arbitrum (ARBUSD) Price Retracement May Surge above the $0.828 Resistance Level

Johnathon Fox
07/25/2024 | UPDATED ON: 07/25/2024

Arbitrum Price Forecast: July 25
ARBUSD price is now facing the positive side while making new corrections. The price retracement may surge above the $0.828 previous high level if the bulls could trigger their buying tension on the asset. Thus, the $1.000 upper high level amid renewed buying momentum might be reached, resulting in an intraday gain for the coin buyers.

Key Levels:
Resistance Levels: $0.700, $0.800, $0.900
Support Levels: $0.400, $0.300, $0.200

ARBUSD Long-term Trend: Bullish (4H Chart)
Arbitrum price retracement may surge above its crucial level as we can see the coin market growing above the resistance levels, indicating a bullish trend in its long-term outlook.
Arbitrum (ARBUSD) Price Retracement May Surge above the $0.828 Resistance Level
The bulls’ pressure on the cryptocurrency to a $0.759 high mark in the last 24 hours has made the price retracement remain above the supply level in its recent high.

Today, the bulls’ price retracement to a $0.782 high level above the EMA-50 as the 4-hour chart opens indicates the investors’ confidence in the crypto.

Thus, if the ARBUSD’s price could sustain above the $0.828 high level, the price retracement may surge to hit $0.1000 at the upper high level, attracting more buyers.

In addition, the daily signal suggests an uptrend. Hence, the Arbitrum price retracement could increase to the $1.000 upper resistance level in the higher time frame.

ARBUSD Short-term Trend: Bearish (1H chart)
On the 1-hour chart, the ARBUSD price retracement is below the moving averages, indicating a bearish trend. The intervention from the bears to a $0.775 low value during the past session has made the coin price trade below the supply levels in its recent high.
Arbitrum (ARBUSD) Price Retracement May Surge above the $0.828 Resistance Level
After the completion of the low dips, the price retracement to a $0.782 supply level below the moving averages as the 1-hour chart resumes today is due to the brief returns by the bulls and may surge above the resistance trend line sooner.

Therefore, if the bulls put extra effort into the buying pressure, the Arbitrum price retracement may surge above the $0.825 previous resistance level, resulting in an intraday gain for the coin traders.

In addition, it is expected that the price retracement may surge above the $0.825 resistance level to reach the $1.000 upper high level in the coming days in its short-term outlook.

Place winning Arbitrum trades with us. Get ARB here.


Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Lucky Block Price Prediction: LBLOCKUSD Price to Swing up, Breakout Imminent
Next Post: Bitcoin (BTCUSD) Price Could Grow More »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US