Arbitrum Price Forecast: January 11
The Arbitrum market is on the positive side today. The coin suggests a good buy at the current price of $1.974 supply value due to the increase in buying forces. If the bulls can add additional efforts to their buying pressure and the coin price could sustain above the pattern supply trend line, the coin price may trigger up to the overhead resistance mark at the $2.200 level, thus a clear buy signal for the buy investors.
Key Levels:
Resistance Levels: $1.700, $1.800, $1.900
Support Levels: $0.900, $0.800, $0.700
ARBUSD Long-term Trend: Bullish (Daily chart)
ARBUSD is at the moment trading in the bullish trend market and also suggests a good buy in the long-term outlook. The price currently trades above EMA. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line. 
The persistent bullish pressure on the currency pair in the past few days has made it possible for the coin to remain firm in an uptrend in its recent high.
Today’s daily bullish candle at $1.844 which further rises to a $1.974 supply mark above the moving averages confirms the bulls’ dominance in the market. This suggests a good buy for the coin traders.
Furthermore, a strong breakup above the $2.120 resistance point would strengthen the bullish pressure and also encourage more buyers in the market.
Further, the Arbitrum price indicates an upward momentum on the daily signal, this implies that the pair will continue to increase and also suggests a good buy. As a result, the bullish rally may drive the coin prices to the $2.200 upper resistance trend mark soon in its long-term outlook.
ARBUSD Medium-term Trend: Bullish (4H chart)
The ARBUSD pair suggests a good buy at the current price level as it remains in an uptrend in its medium-term outlook.
The high bullish impact on the crypto to a $1.898 supply level during the previous action has sustained its firmness above the supply levels in its recent trend levels.
Buyers initiate an aggressive move to a $1.956 resistance value above the moving averages as the 4-hour chart resumes today with an intraday gain. This suggests a good buy and shows that the bulls are buying at this level.
Therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels.
In addition to that, the Arbitrum market is pointing up on the daily stochastic; this implies the bulls may continue to dictate market direction and the target might be the $2.200 upper resistance level soon in its medium-term outlook.
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