• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Arbitrum (ARBUSD) Price Will Keep Rising

Johnathon Fox
12/05/2023 | UPDATED ON: 12/05/2023

Arbitrum Price Forecast: December 5
ARBUSD‘s price is currently running a bullish race and remains stable at the moment. The price will keep rising and an opportunity for the coin buyers to invest. Thus, if the coin closes above the $1.222 high mark, the accelerated buying pressure may increase the coin price to hit the $1.350 upper resistance level and beyond which could result in an intraday gain for the coin traders.

Key Levels:
Resistance Levels: $1.000, $1.050, $1.100
Support Levels: $0.800, $0.700, $0.600

ARBUSD Long-term Trend: Bullish (Daily chart)
The Arbitrum market is in a bullish momentum in its long-term view. The trend which is above the moving average line will keep rising as the price has not yet reached its goal.
Arbitrum (ARBUSD) Price Will Keep Rising
The sustained bullish pressure to a $1.121 high level in the past few days has made the price remain above the supply trend level in its recent high.

The price distribution of ARBUSD at the moment has risen to a $1.123 high level which is above the EMA-50 shortly after the daily chart opens today, this indicates that bulls are dealing on the coin at the present and will keep rising.

Thus, should the buy investors put more effort and close the daily chart above the $1.222 supply trend line, further bearish sentiment will be invalidated.

Similarly, the price indicator which is also pointing up on the daily stochastic suggests that the Arbitrum market is in an uptrend and will keep rising, if this is achieved, the $1.300 upper resistance mark might be the target in the coming days in its higher time frame.

ARBUSD Medium-term Trend: Bullish (4H chart)
Analyzing the chart below, we can see clearly that the ARBUSD pair is in a strong bullish market zone. The price currently trades above the EMA-50 making higher highs and will keep rising as it moves toward the major upper resistance area.
Arbitrum (ARBUSD) Price Will Keep Rising
The bulls’ pressure on the coin to the $1.118 supply value during the past session has sustained the coin price above the resistance trend levels in its recent price level.

The strong push by buyers to the $1.122 resistance trend line above the EMA-50 as the 4-hour chart opens today shows that the buying activities is rising. Thus, if the long traders could break above the $1.183 supply mark, the bearish thesis will be invalidated

Notably, there is a possibility that the Arbitrum price will keep rising as indicated by the price signal which is pointing in an upward direction. This may extend the price of ARBUSD to a high at $1.300 upper resistance value soon in its medium-term forecast.

Place winning Arbitrum trades with us. Get ARB here

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Lucky Block Price Prediction: LBLOCKUSD Price May Trend above the $0.0001900 Supply Value
Next Post: Beam (BEAMUSD) Looks Good to Buy at $0.011784 Resistance Value »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US