Arbitrum Price Forecast: September 19
ARBUSD looks promising for the bulls as it reclaims its position above the $0.500 supply value buoyed by market recoveries. The crypto is currently trading in an ascending channel and will increase further. Based on the recent chart outlook, if the bulls add more pressure to their buying activities and the resistance level rises above the 4-hourly $0.637 value, continuation to the $0.800 high level at the upside is ensured, resulting in an intraday gain for the coin holders.
Key Levels:
Resistance Levels: $0.700, $0.800, $0.900
Support Levels: $0.480, $0.470, $0.460
ARBUSD Long-term Trend: Bullish (4H chart)
The ARBUSD pair showed an evident bullish rally as it reclaimed its position above the $0.500 supply value and its long-term outlook. The coin price is above the moving average, indicating a bullish trend.
The coin has been making higher highs and higher lows in previous actions, which has made it possible for the ARBUSD to reclaim its position above the supply value and maintain an uptrend in its recent high.
Today, the Arbitrum price reclaims its position at the $0.523 supply value above the EMA-50 shortly after the 4-hourly chart opens today, indicating significant trading activity by the coin investors.
However, the higher price injector attached to the retest candle reflects a strong impact on the bullish commitment.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
Therefore, if the buying momentum persists, the ARBUSD price could break up the $0.637 resistance point, obtaining a higher footing to rise higher.
Additionally, if ARBUSD buyers could hold above the $0.637 high mark and close a candle, the crypto price could reclaim its position to reach the $0.800 upper resistance value soon in its long-term outlook.
ARBUSD Short-term Trend: Bullish (1H chart)
The Arbitrum market reclaims its position above the supply value as it remains strongly bullish in its short-term outlook. The price is above the EMA-50, approaching the overhead resistance, suggesting a bullish momentum. 
The sustained bullish action to the $0.505 high level in the previous action has made the crypto price reclaim its position above the supply levels in its recent high.
The bulls made a smooth ride with a long bullish candle to the $0.523 resistance level above the EMA-50 shortly after the 1-hourly chart opens today, as the ARBUSD price reclaims its position above the supply levels, resulting in a buy signal and a potential gain for the coin holders.
With strong buying pressure and positive market sentiment, the crypto has the potential to continue its upbeat trend and retest the $0.540 previous high, attracting more investors.
In addition, the Arbitrum price might continue to increase as projected by the daily signal, indicating an uptrend. Thus, if the buy traders should increase their price action, and bullish momentum is sustained, the ARBUSD price may likely increase further to a significant level of $0.800 upper resistance level and beyond before the close of today, as it reclaims its position above the supply levels, suggesting a buy signal again in its lower time frame.
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