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Arbitrum Rallies 26% in 24 Hours: Will ARB Break $0.5050 Resistance and Continue Bullish Momentum?

Joe M Avatar
Joe M
  • Arbitrum (ARB) surged 26% in 24 hours, testing the critical $0.5050 resistance level.
  • If it breaks through, ARB could continue its bullish momentum, supported by strong liquidity and technical indicators.

Arbitrum (ARB) has surged by an impressive 26% in the last 24 hours, positioning itself as one of the top performers in the crypto market. The rally has reignited bullish sentiment among investors, with liquidity inflows and technical indicators suggesting the momentum may not be over just yet.

Currently trading near the crucial $0.5050 resistance level, ARB sits at a pivotal point. This price boundary, according to the Fibonacci retracement level, marks the upper edge of a key consolidation range, with $0.4429 acting as the corresponding support. A clean break above $0.5050 could trigger a fresh leg upward, potentially confirming the beginning of a sustained bullish trend.

Also read: Dogecoin Price Surges 46%: Will the Bullish Momentum Continue in 2025?

Technicals support the possibility of this breakout. The Parabolic SAR indicator shows dots forming beneath the price—a classic signal of bullish momentum. At the same time, the Average Directional Index (ADX) is on the rise, indicating strengthening trend dynamics. These signs suggest that ARB could continue its upward trajectory, especially if buyers manage to sustain pressure.

Adding to the bullish case is the surge in market liquidity. DeFiLlama data shows that ARB has seen a net inflow of $63.9 million, with $32.13 million flowing in over the past 24 hours alone. High liquidity levels often reflect increased investor confidence and can provide the fuel needed for continued rallies.

Trading volume also underscores growing interest in ARB. With $1.171 billion in volume over the past 24 hours and a weekly increase of over 129%, Arbitrum is clearly capturing attention across the decentralized finance landscape.

Still, the market waits to see if ARB can decisively break through the $0.5050 resistance. Should it succeed, the path higher may open up quickly. However, a rejection at this level could send the token back into a consolidation phase.