Arbitrum Price Forecast: June 20
Arbitrum (ARBUSD) price is pumping up again and indeed a good time to buy for the coin traders. If the coin price could sustain above the pattern supply trend line to revisit the previous high of $1.264 value, the potential recovery could assist buyers to reach the $2.000 upper high level, indicating a growth opportunity of 80%. Thus, a buying time for the coin traders.
Key Levels:
Resistance Levels: $1.550, $1.650, $1.750
Support Levels: $1.250, $1.150, $1.050
ARBUSD Long-term Trend: Bullish (4H chart)
Upward pressure still dominates the ARBUSD pair on the higher time frame. The coin price is now trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
However, the bulls’ pressure to the $1.011 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.
Today’s 4-hour bullish candle at the $1.004 value which further rises to a $1.008 supply mark above the moving averages confirms the bulls’ dominance in the market.
However, there are bullish signals above level $0.985 which indicates a possible further increase in the market value. A potential breakout above $1.264 resistance could kick start a new recovery cycle to the upper resistance zone.
Further, Arbitrum price indicates an upward momentum on the daily signal, this indicates that the pair will continue to trend upwards and this may get to the $2.000 upper resistance trend mark in the days ahead in its long-term outlook.
ARBUSD Medium-term Trend: Bullish (1H chart)
ARBUSD is at the moment trading in the bullish trend market in the medium-term outlook. The price currently trades above the two EMAs. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line. 
The crypto has been having a series of higher highs and higher lows which has made it capable for the price to remain stronger in an upward trend in its recent high.
Earlier today, the long traders caused a rise in the price of Arbitrum to a high at the $1.008 level above the moving averages. This current trend will enable the price to remain in the upsides and rises or breakout to the upsides. This however creates a strong area of interest for buyers.
Adding to this, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $2.000 upper resistance level in the coming days in its medium-term time frame.
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