Arbitrum Price Forecast: February 22
While the broader market remains volatile, the Arbitrum price struggles as buyers dominate and show strong resilience above the $2.00 supply level. The price remains bullish and also looks good for the long investors at the present. Further, the coin price will most likely continue its upbeat and the price could still go higher if the bulls can break up the $2.406 resistance value, then we can expect a good recovery pattern to the $2.600 upper resistance level and beyond. Hence, a big turnaround and a good crypto signal for the coin investors.
Key Levels:
Resistance Levels: $1.800, $1.900, $2.000
Support Levels: $1.550, $1.500, $1.450
ARBUSD Long-term Trend: Bullish (Daily chart)
The ARBUSD price struggles above the supply levels as buyers dominate in the long-term perspective. The price bar is seen above the EMA-50 facing the overhead resistance which confirms its bullish growth.
The bulls’ high pressure on the currency pair in the past few days has made it possible for the price to remain in an upward trend zone in its recent high.
Today, the ARBUSD price struggles above the moving average at a $2.072 resistance level as buyers dominate on the daily chart; this implies an uptrend and also shows a bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market presently.
In addition, under the influence of this market level, the price of Arbitrum could rise steadily soon and break up the previous high of $2.406 level to reach the $2.600 resistance level in the coming days as we watch the crypto price struggles as buyers dominate in the long-term perspective.
ARBUSD Medium-term Trend: Bullish (4H chart)
Upward pressure still dominates the ARBUSD pair as the price struggles and buyers also dominate on the medium-term outlook. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. 
The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in its recent high.
The bulls corrected the $2.070 supply value above the moving averages as the 4-hourly chart resumes today. Thus, a possible breakout from the current retracement at the $2.070 neckline will accelerate the buying momentum and push the prices higher to hit the $2.173 previous resistance level as buyers dominate.
Additionally, there is a possibility of a bullish breakout if the bulls should add more effort to the tension in the market. As a result of this, the Arbitrum price may continue to struggle above the supply trend levels while buyers dominate and hit the $2.600 high trend mark soon in the medium-term perspective.
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