Arbitrum Price Forecast: April 20
ARBUSD‘s price is currently running a bullish race and remains stable at the moment. The price is going up and an opportunity for the coin buyers to invest. Hence, the coin price will move higher above the current resistance level, if buyers should exert more force into the price action in the market, the $1.793 high trend line might be retested which might possibly lead the Arbitrum price to the $2.000 upper supply trend level and beyond. Thus a turnaround and a clear buy signal for the coin buyers.
Key Levels:
Resistance Levels: $1.650, $1.750, $1.850
Support Levels: $1.550, $1.450, $1.350
ARBUSD Long-term Trend: Bullish (1H chart)
ARBUSD is in a bullish trend market in its long-term view. The prices are traded above the moving averages which has confirmed it as a bullish trend. It seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The coin made it to the $1.647 high level during the previous action and has made the price remain in green above the supply trend level in its recent high.
The bulls caused a rise to the $1.786 high level above the moving averages as the 1-hourly chart opens today. This indicates that the traders are actively buying at this level. Hence, should the bulls increase their buying motives, the previous high of $1.810 value might be retested soon.
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 turn bullish soon in its higher time frame.
ARBUSD Short-term Trend: Bullish (15-Minute chart)
The Arbitrum price also trades in a bullish trend market in the short-term outlook. This is due to the high impact of long-term traders on the price flow. 
The bulls’ pressure on the coin to the $1.644 supply value during the past session has sustained the coin price above the resistance trend levels in its recent price level.
The bulls made an increase to the $1.772 supply value above the two EMAs shortly after the 15-minute chart opens today. This indicates that the buy investors are actually 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.
Next, the ARBUSD price is also pointing upwards, this suggests that the coin price may likely continue in an upward direction and head toward the $2.000 supply trend line in the days ahead in its higher time frame.
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