Arbitrum Bulls Wake Up – Triple Support Fuels 5% Jump

6 hours ago 4

Rommie Analytics

KEY TAKEAWAYS

→ 50-day SMA and 0.382 Fib meet near $0.186.

→ Rallies keep stalling near $0.205 since mid-October.

→ RSI climbs back above its 50 midpoint.

→ ARB trades 22% below September’s $0.255 high.

On the ARB daily chart from TradingView, the rebound leaves the token about 169% above its mid-August low near $0.073.

From the September peak to an October base

ARB’s August rally added nearly 250% before topping out in late September. The slide that followed broke the rising channel the token had tracked since late August, and on October 8 a wick reached the 0.5 Fib near $0.164 before buyers stepped in.

Arbitrum ARB daily price chart showing a 5% bounce from support near $0.186, where the 50-day SMA and 0.38...                    </div>

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