ARB is holding firm above the $0.30 support, with participants eyeing a potential breakout as on-chain strength and bullish indicators begin to align.
After weeks of downward pressure, Arbitrum is beginning to show hints of stability. The market appears to be forming a short-term base as buyers defend critical supports, with on-chain activity strengthening.
ARB Holding $0.30 Level Support
ARB continues to maintain its footing near the $0.30 to $0.31 support range, showing early signs of price stability. The recent structure highlights a short-term consolidation phase, where bulls are attempting to defend this crucial base after a period of sustained downside pressure. With a 24-hour increase of 1.6%, ARB is slowly regaining some momentum.
ARB Arbitrum’s current price is $0.31, up 1.62% in the last 24 hours. Source: Brave New Coin
Technically, Arbitrum holding above $0.30 keeps the structure constructive. A move beyond $0.33 could trigger a breakout towards $0.38 to $0.41, where the next supply zone lies. Below $0.30, however, $0.28 remains the last strong defense before the risk of a deeper pullback emerges. Maintaining strength here sets the stage for a potential reversal.
Double Bottom Structure Could Spark Recovery
Atom’s latest view shows ARB forming a potential double-bottom setup within the $0.31 to $0.33 support area. This pattern, often seen before bullish reversals, indicates buyers are stepping back. The neckline region sits near $0.36, marking a crucial breakout level that would confirm structural strength.
Arbitrum’s potential double-bottom setup signals early bullish intent as buyers defend key support near $0.31. Source: Atom via X
If momentum sustains, the next targets lie between $0.50 to $0.60, aligning with the mid-range Fibonacci zones from prior swings. The lower wicks near $0.31 emphasize consistent absorption of selling pressure. For now, maintaining closes above $0.33 is key to validating the setup and opening a cleaner path to upside recovery.
On-Chain Activity Adds Strength to the Bullish Case
Arbitrum’s network continues to display robust fundamental growth. According to CryptoTweets, the stablecoin market cap on ARB has surged by 3.6x over the past six months, showing increasing liquidity and capital rotation into the chain.
Arbitrum’s stablecoin market cap has jumped 3.6x in six months, reflecting strong liquidity growth and expanding network adoption. Source: CryptoTweets via X
A growing stablecoin base also enhances on-chain utility and reinforces Arbitrum’s role as a preferred Ethereum Layer-2. Such strong on-chains create a supportive foundation for long-term sustainability, which could translate into positive price momentum once the broader market sentiment steadies.
Transaction Growth Signals Sustained Ecosystem Health
Lennart Snyder highlighted that Arbitrum’s weekly transaction volumes continue to trend upward despite broader market softness. The chain’s consistent growth in both users and transactions demonstrates resilience, particularly in challenging market phases when weaker networks struggle to retain activity.
Arbitrum’s weekly transaction growth continues to climb. Source: Lennart Snyder via X
Continuous building during low-volatility periods often sets the stage for stronger recoveries. As this trend extends, Arbitrum’s expanding transaction curve reflects improving network fundamentals and growing investor confidence.
Indicators Show Signs of Emerging Bullish Momentum
Sharaf Alhilo’s chart shows Arbitrum testing its lower Bollinger Bands while maintaining a range. The RSI has rebounded from oversold territory, while the Stochastic indicator shows a bullish crossover beginning to form. These readings collectively suggest a change in short-term momentum.
Arbitrum’s indicators hint at a shift in momentum as RSI rebounds and a bullish Stochastic crossover forms. Source: Sharaf Alhilo via X
If ARB breaks past $0.33, further resistance aligns at $0.36 and $0.41, levels that may confirm the start of a stronger recovery phase. Sustaining price action above the 20-day moving average would reinforce bullish confidence and could reframe sentiment towards a medium-term rebound aiming closer to $0.50.
Final Thoughts: Signs of Strength Returning
ARB Arbitrum’s ability to hold above $0.30 amid wider market weakness shows how bulls are quietly regaining control. The consistent on-chain expansion, rising stablecoin inflows, and healthy transaction growth all point toward renewed strength beneath the surface. If ARB price breaks past $0.33 and sustains momentum, it could ignite a broader recovery targeting the $0.38 to $0.41 region in the near term.
While short-term volatility is always a risk, the broader structure looks encouraging. Maintaining support at $0.30 and reclaiming the 20-day moving average could mark the turning point for a more sustained rebound.