Arbitrum Price Forecast: August 15
ARBUSD hints at an uptrend continuation and remains stable at the upsides, showcasing buyers’ interest in the token. The price is going up and an opportunity for the coin buyers to invest. Hence, the $0.828 high trend line may be retested if buyers apply additional pressure to the market’s price action. Doing this, might push the price of Arbitrum to the $2.000 upper supply trend level and higher, obtaining a higher footing to rise higher.
Key Levels:
Resistance Levels: $1.650, $1.750, $1.850
Support Levels: $1.550, $1.450, $1.350
ARBUSD Long-term Trend: Bullish (4H chart)
Today, ARBUSD hints at an uptrend continuation as the bulls continue to push the coin price toward the overhead based on the higher time frame. The prices are traded above the moving averages, confirming its uptrend continuation. 
The coin made it to the $0.583 high level during the previous action which has made the crypto price hint at an uptrend continuation and remains in green above the supply trend level in its recent high.
At the press time today, the coin market hints at an uptrend continuation as the bulls caused a rise in the price of Arbitrum to the $0.587 resistance point above the moving averages as the 4-hourly chart opens, indicating that traders are actively buying at this level.
Hence, should the bulls increase their buying motives, the previous high of $0.828 value might be retested, resulting in an intraday gain for the coin buyers.
In addition, the market is pointing up on the daily stochastic; this will quicken the emergence of more buyers to move the price up to a significant level at the upside and this might hit the $2.000 supply trend mark as the Arbitrum market hints an uptrend continuation in its higher time frame.
ARBUSD Short-term Trend: Bullish (1H chart)
The Arbitrum market hints at an uptrend continuation as the bulls are driving the coin prices to the upper resistance area in the short-term outlook. 
The bulls’ pressure on the coin to a $0.581 high mark in the past session has sustained the coin price to hit an uptrend continuation above the resistance trend levels in its recent high.
Despite the broader market condition and whale selling, ARBUSD price hints at an uptrend continuation and maintains its bullish trend above the pattern’s resistance trend line at $0.587 as the 1-hour chart opens, indicating that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price tendency will move above the key levels.
Notably, the ARBUSD price is also pointing upwards, suggesting that the coin price may likely continue upward and head toward the $2.000 supply trend line in the days ahead in its higher time frame.
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