Technical analysis of ARB/USDT
Current Price: $0.20
Previous Analysis: In a previous analysis, CryptoPatel predicted that ARB/USDT would dump from $1.50 to $0.90. This prediction was correct.
Current Resistance Level: $1.25
Expected Price Movement:
CryptoPatel expects #ARB to break the $1.25 resistance level and test the $1.43 resistance level. However, they also expect ARB/USDT to be rejected from the $1.43 level and fall back to the $0.7-$0.5 range. This range would be a good accumulation zone for long-term investors.
Next Bull Run: CryptoPatel expects #ARBITRUM to reach a minimum of $10 in the next bull run.
Key Support and Resistance Levels:
Support: $1.07/$0.77
Resistance: $1.25/$1.43