{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/arbitrum-arbusd-suggests-a-potential-uptrend-soon\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/arbitrum-arbusd-suggests-a-potential-uptrend-soon\/","headline":"Arbitrum (ARBUSD) Suggests a Potential Uptrend Soon","name":"Arbitrum (ARBUSD) Suggests a Potential Uptrend Soon","description":"Arbitrum Price Forecast: July 9ARBUSD may likely increase to the upside, as the coin price suggests a potential uptrend soon. However, the coin may see another uptrend if all of the support levels hold and the bulls increase their aggression; the coin price may rise to touch the $2.256 high level, which might extend to […]","datePublished":"2024-07-09","dateModified":"2024-07-09","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"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.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/07\/ARB-LNT-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/07\/ARB-LNT-1.png","height":579,"width":1281},"url":"https:\/\/forexschoolonline.com\/arbitrum-arbusd-suggests-a-potential-uptrend-soon\/","about":["Cryptocurrency","Price Action Charts in Focus","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":455,"keywords":["Arbitrum","ARBUSD","Technical Analysis"],"articleBody":"Arbitrum Price Forecast: July 9ARBUSD may likely increase to the upside, as the coin price suggests a potential uptrend soon. However, the coin may see another uptrend if all of the support levels hold and the bulls increase their aggression; the coin price may rise to touch the $2.256 high level, which might extend to an upper resistance level of $2.500, indicating a good entry point for coin buyers.Key Levels:Resistance Levels: $1.000, $1.100, $1.150Support Levels: $0.700, $0.600, $0.500ARBUSD Long-term Trend: Bearish (Daily chart)ARBUSD is in a bearish market zone and suggests a potential uptrend soon as the selling pressure is about to end in its long-term perspective. The coin price is below the EMA-50, indicating a bearish trend.The high order flow from the bears to the $0.648 support value during yesterday\u2019s session also added to its bearishness. However, the current trend will soon be over as the crypto suggests a potential uptrend, following the coin price approaching the oversold region.Activities from the long traders pushed the Arbitrum price to a $0.00683 high mark below the supply levels as the daily chart resumes today. Thus, if a renewed surge in buying interest occurs, the coin price may suggest a potential uptrend and surge higher to hit the $2.256 resistance level to strengthen the bullish momentum.Meanwhile, the market price of ARBUSD is pointing up on the daily stochastic, suggesting that the selling pressure is unlikely: thus, the expected upside move in the price could be high at the $2.500 level in the coming days as the crypto market suggests a potential uptrend soon in its long-term outlook.ARBUSD Medium-term Trend: Bearish (4H chart)The coin market suggests an uptrend soon as a new bullish phase has just begun in its medium-term outlook. The price is facing the resistance level, indicating a bearish momentum.The sustained bearish pressure at the $0.648 support level during yesterday\u2019s session also contributed to its bearishness in its recent price level.The market price of ARBUSD suggests a potential uptrend soon as it increases from $0.633 to the $0.683 high level below the moving averages as the 4-hourly chart opens today, suggesting an attempt by the bulls to strengthen the bullish momentum. A potential breakout from this trend line could intensify the bullish momentum and may surge the crypto price higher to test the previous swing high of $0.976 value soon.However, the bulls are now set to take the pair to a psychologically key level on the upside soon, as indicated by the daily signal pointing upwards on the daily stochastic. Therefore, the next target by the bulls could be the $2.500 upper resistance level in the later day as the price suggests an uptrend in its medium-term time frame.Place winning Arbitrum trades with us. Get ARB here "}