Arbitrum Price Forecast: September 12
Amidst the current market surge, the ARBUSD bullish pattern hints at an extended uptrend with the potential to break through the $0.637 crucial level. The coin price might continue its growth as we are seeing a bullish correction in place. Thus, if Arbitrum’s price sustains above the mentioned peak value, the bullish sentiment could drive the crypto price to reach the $1.000 supply trend line and beyond, suggesting a good entry point for the coin traders.
Key Levels:
Resistance Levels: $0.500, $0.600, $0.700
Support Levels: $0.350, $0.250, $0.150
ARBUSD Long-term Trend: Bullish (4H chart)
The ARBUSD bullish pattern hints at an extended uptrend as the coin is positioned for recovery in the higher time frame. The price bar is above the EMA-50, due to increasing investors’ interest in the asset.
Actions from the buying crew at a $0.512 high value in the last session also contributed to the coin’s bullish pattern to hint at an extended uptrend in its recent high.
Today, the Arbitrum bullish pattern hints at an extended uptrend at the $0.527 resistance value above the moving average shortly after the 4-hourly session resumes, demonstrating investors’ consistent expansion.
Thus, with sustained buying, the bullish pattern could increase by 13% to reach the previous high value of $0.637, offsetting any bearish intentions.
Further, the ARBUSD bullish pattern may continue as indicated by the daily signal, pointing upwards. In light of this, the coin price may get to the $1.00 upper resistance level soon as the crypto bullish pattern hints extended uptrend in its long-term outlook.
ARBUSD Medium-term Trend: Bullish (1H chart)
The Arbitrum market also hints at an extended uptrend as the coin price approaches the upper resistance levels in the medium-term outlook. 
The coin prices are traded above the moving averages, indicating a bullish trend and a high impact from the long-term traders in the price flow.
The sustained pressure from the long traders to a $0.520 high level in the previous action has led the ARBUSD price above the supply levels in its recent high.
At the press time, buyers caused a rise in the Arbitrum price to a $0.527 resistance level above the EMA-50, shortly after the 1-hourly chart opens today, suggesting that the crypto price hints at an extended uptrend, as buyers are actively buying at this level.
Thus, a break above the $0.532 previous supply mark will propel the prices higher by 20% and put further selling pressure into hibernation.
Adding to that, the Arbitrum pair is pointing up around the level 67% range of the daily stochastic, implying that the bullish pattern may continue. In light of this, the next price target could be the $1.00 upper high level soon, as the bullish pattern hints at an extended uptrend. Hence, buyers may take a position as desired.
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