Arbitrum Hits Accumulation Zone, Sparking Bullish Toward $1+

Key Insights:

• Arbitrum trades between $0.20 and $0.30 as traders target recovery toward $1 and higher levels.
• October saw $1.3B net flows on Arbitrum, ranking it first among all blockchain networks.
• Despite an 8% daily drop, ARB trading volume remains above $181M, indicating strong market interest.

Arbitrum (ARB) is trading nearly 88% below its all-time high, prompting renewed interest from investors watching for a trend reversal. As market volatility continues, ARB’s current price levels have drawn attention from analysts and traders expecting a potential move toward $1 and beyond.

ARB Drops 88% From ATH, Traders Eye Recovery

Arbitrum has fallen by approximately 88% from its all-time high, sparking speculation among traders seeking entry points. Analyst Crypto Patel noted that “billionaires aren’t made buying at all-time highs… they’re made buying when everyone else is panicking.”

The current level between $0.30 and $0.20 is being closely watched as a possible area for accumulation. ARB potential price targets of $1, $2, and even $5, depending on broader market conditions and investor confidence. 

Crypto Patel added a warning: “Crypto = high-risk, high-reward. Make your own decisions.”

This view is based on the idea that strong buying interest often builds when assets trade well below peak levels. According to this analysis, the trendline resistance must be broken for a full recovery to occur.

Strong Network Activity Seen in October

Despite the price drop, network activity on Arbitrum has been high. According to Analyst Lennaert Snyder, Arbitrum recorded $1.3 billion in net flows last month. This ranked it first among all chains in that period.

He also noted growing developer activity, particularly in areas such as perpetual decentralized exchanges. These updates suggest that interest in the ecosystem has not fallen with the price. Development on the chain continues to grow as new projects launch and capital flows increase.

As of press time, Arbitrum is trading at $0.2849, with a 24-hour trading volume exceeding $181 million. The price dropped more than 8% in the past 24 hours, reflecting intense volatility. Trading volume staying above $100 million suggests active market participation.