Arbitrum (ARB) is currently trading at $0.5283, dropping moderately by 0.83% compared to yesterday. The previous 24-hour trading volume decreased to $568.18 million, dropping by 27.81%. Despite the marginal drop, the performance of ARB for the week has stayed bullish, increasing 9.39% from $0.5291.
Experts comment that the slight dip indicates a natural correction of the market. ARB maintains trading inside an up channel. The lower boundary of the channel, around $0.50, also works as support. Investors are eagerly awaiting whether ARB recovers or probes lower levels.
On-Chain Network Shows Growing Strength
Crypto analyst AltCryptoTalk noted that ARB has continued with the overall bullish trend. “The token is retesting the lower limit of the ascending channel,” the report observed. This corresponds with psychological $0.50 support, which has been regarded as an essential floor among traders.
The correction phase is natural following a steady ascent. Analysts explain that such corrections usually prime ARB for the next rally. Trading short-term, the correction phase might allow traders to build up before profits. The on-chain network keeps gaining strength, which increases investor confidence.
ARB Price Prediction for 2025
DigitalCoinPrice also forecasts ARB going beyond $1.16 at the end of 2025. Market predict it has the potential of challenging its former all-time best of $2.40. Experts think that ARB will settle between $1.07 and $1.16 as it shatters its former records.
Changelly offers its forecast for the year 2025 with conservative estimates. Its predictors forecast at least $0.394 and at most $0.459. The mean rate of trading will probably fluctuate at $0.523. For next year’s August, ARB can slide as low as $0.402 but spike as high as $0.523. The token remains on many radars for long-term growth.