Arbitrum
Price Prediction
Arbitrum, ARB could hit $0.72 in 2024
Arbitrum’s price prediction for the most bearish scenario will value ARB at $0.42 in 2024.
Arbitrum’s price prediction for the most bullish scenario will value ARB at $0.72 in 2024
Arbitrum’s previous All Time High was on 12 January 2024 where ARB was priced at $2.39.
Arbitrum’s price at the same time last week was $0.49. It has moved by 6.38 % in the past week and is currently at $0.53. Infact, in the past 24 hours, ARB has pumped by 2.60 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and ARB could hit $0.84 in 2025.
The total circulating supply of Arbitrum as of writing this article was $3,496,129,217 and the marketcap of ARB remains at $1,858,459,559. Arbitrum price in the longer term is expected to reach a high of $3.85 in 2035.
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
ARB price prediction: Key highlights
1. Primary support and resistance levels
- $0.47was the lowest support level, as analyzed in the daily time frame.
- The highest resistance was noted at$0.73.
2. Market sentiment
- As of September 2024, the marketsentiment surrounding ARB isbearish.
3. Predictive forecasts
- According to our AI/ML predictive algorithms, the average price of ARB is expected to reach$1 in 2028 and increase to$3 in 2034.
Uncover valuable information onARB via a detailed daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
ARB technical analysis: Examining the likelihood of a bullish September
In a detailed exploration ofArbitrum price prediction for 2024, the daily chart revealed the token’s struggles in the shorter time frame. Thealtcoin began the period by testing the peak chart barrier of$0.73.
Nevertheless, the bulls were unable to break out amid the broaderdowntrend. After brief testing, the market continued to see red from late July.
This trend continued into August, pulling it to the lowest floor at$0.47. Concurrently, on August 5, ARB hit anall-time low(ATL) of$0.42. The token’sundervaluationandFranklin Templeton OnChain U.S. Government Money Fund (FOBXX) launch on Arbitrum triggered a recovery. Consequently, the price rose over$0.53.
Further upside was halted in mid-August, as the market was flooded with a new supply of92.65 million tokens, as perTokenUnlocks. Regardless, the buyers managed to hold off declines at$0.53.
After briefly stabilizing, the bulls extended their rally to$0.62. However, sell-offs ensued, and the price returned to$0.49 by the end of the month. The token struggled to hold this level. In early September, it bottomed out at the lowest support level.
Regardless, ARB swiftly reclaimed$0.49. By the end of the analysis, the token exchanged hands at$0.50. AMBCryptoreported a slight increase in long-term holders, reflecting growing confidence in a potential price rise. Furthermore, in the shorter time frame, a bullishfalling wedge pattern and a bullishdivergence suggested an upcoming price increase.
If it holds, the bulls can overcome the closest resistance to gain the upper hand. Avoiding liquidations at$0.62 would be necessary to rally toward the peak resistance. Moreover, the flip of$0.73into support would mark the return of a prolonged bull market. This would be contingent on sustained positive market sentiment.
Nonetheless, the network is set to release another92.65 million tokens on September 16. Thisbearish catalyst can cause investors to liquidate their holdings, triggering losses for the token. If the price falls below the current base, it can likely go back to its lowest support. Moreover, a pronounced bearishattack may push ARB to a newATL.
Our predictive models exhibit pessimism regarding the token'sfuture. They project an average trading price close to$1in the next four years and expect a further rise to$3 in 2034. This projection reflects the asset's continued yet modest growth.
ARB's 2024 roadmap: Key indicators to watch and trade
- TheDirectional Movement Index(DMI) corroborated thebearishstronghold. The ADX and -DI line led while the+DI remained the lowest. The latter briefly moved over the-DI in late August, but this was unsustainable.
- The latest values were the ADX at36.4050, the -DI at28.6495, and the +DI at12.6279, emphasizing a strongdowntrend.
- Thetrading volume stayed low for the entire analysis, with intermittent spikes observed with the price’s depreciation, especially to the lowest support. This pointed to buying driven by low prices.
- TheBollinger Bands’initial expansion was triggered by the candle’s frequent contact with thelower band, indicatingoversoldconditions. This prompted a rebound. Thus, the 20-dayMoving Average(MA) was briefly flipped to support in late August, bringing the bands closer.
- The decrease in volatility was short-lived, as the price returned to its submissive position. However, the recent price proximity to the20 MAhighlighted a reduction in selling pressure.
Arbitrum Price Prediction
Arbitrum has had an eventful 2023. To simplify the latest ARB price prediction, we have divided up the prediction by short term Arbitrum price prediction and long term Arbitrum price prediction. As of writing this article, ARB had a trading volume of 165,260,346. Arbitrum has gone down by -3.94% in the past 30 days.
According to our analysis in the short term, Arbitrum price prediction for November 2024 shows the average price of ARB at 0.59 and the highest possible price for November 2024 would be $0.63.
Further, according to our analysis in the long term, Arbitrum price prediction for March 2025 shows the average price of ARB at 0.62 and the highest possible price for March 2025 would be $0.66.
Arbitrum's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
14 September 2024 | $0.52 | $0.48 | $0.55 |
15 September 2024 | $0.52 | $0.48 | $0.56 |
16 September 2024 | $0.52 | $0.49 | $0.56 |
17 September 2024 | $0.52 | $0.49 | $0.56 |
22 September 2024 | $0.54 | $0.5 | $0.57 |
27 September 2024 | $0.55 | $0.51 | $0.59 |
7 October 2024 | $0.57 | $0.53 | $0.61 |
November 2024 | $0.59 | $0.54 | $0.63 |
December 2024 | $0.59 | $0.55 | $0.63 |
Arbitrum price prediction 14 September 2024: Arbitrum's price for 14 September 2024 according to our analysis should range between $0.48 to $0.55 and the average price of ARB should be around $0.52.
Arbitrum price prediction 15 September 2024: Arbitrum's price for 15 September 2024 according to our analysis should range between $0.48 to $0.56 and the average price of ARB should be around $0.52.
Arbitrum price prediction 16 September 2024: Arbitrum's price for 16 September 2024 according to our analysis should range between $0.49 to $0.56 and the average price of ARB should be around $0.52.
Arbitrum price prediction 17 September 2024: Arbitrum's price for 17 September 2024 according to our analysis should range between $0.49 to $0.56 and the average price of ARB should be around $0.52.
Arbitrum price prediction 22 September 2024: Arbitrum's price for 22 September 2024 according to our analysis should range between $0.5 to $0.57 and the average price of ARB should be around $0.54.
Arbitrum price prediction 27 September 2024: Arbitrum's price for 27 September 2024 according to our analysis should range between $0.51 to $0.59 and the average price of ARB should be around $0.55.
Arbitrum price prediction 7 October 2024: Arbitrum's price for 7 October 2024 according to our analysis should range between $0.53 to $0.61 and the average price of ARB should be around $0.57.
Arbitrum price prediction November 2024: Arbitrum's price for November 2024 according to our analysis should range between $0.54 to $0.63 and the average price of ARB should be around $0.59.
Arbitrum price prediction December 2024: Arbitrum's price for December 2024 according to our analysis should range between $0.55 to $0.63 and the average price of ARB should be around $0.59.
Arbitrum's Long Term Price Prediction
Arbitrum’s long term Price Prediction below is a look at ARB’s future prospect with regards to price. Arbitrum was last seen at $0.53, with a market cap of $1,858,459,559 and trading volumes of $165,260,346. ARB’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $0.6 | $0.48 | $0.72 |
2025 | $0.7 | $0.56 | $0.84 |
2026 | $0.83 | $0.67 | $1.01 |
2027 | $0.98 | $0.78 | $1.18 |
2028 | $1.11 | $0.89 | $1.34 |
2029 | $1.32 | $1.06 | $1.59 |
2030 | $1.37 | $1.10 | $1.65 |
2031 | $1.65 | $1.32 | $1.98 |
2032 | $2.16 | $1.73 | $2.60 |
2033 | $2.18 | $1.74 | $2.61 |
2034 | $1.97 | $1.57 | $2.36 |
2035 | $3.21 | $2.56 | $3.85 |
Arbitrum price prediction 2024: Arbitrum's price for 2024 according to our analysis should range between $0.48 to $0.72 and the average price of ARB should be around $0.6.
Arbitrum price prediction 2025: Arbitrum's price for 2025 according to our analysis should range between $0.56 to $0.84 and the average price of ARB should be around $0.7.
Arbitrum price prediction 2026: Arbitrum's price for 2026 according to our analysis should range between $0.67 to $1.01 and the average price of ARB should be around $0.83.
Arbitrum price prediction 2027: Arbitrum's price for 2027 according to our analysis should range between $0.78 to $1.18 and the average price of ARB should be around $0.98.
Arbitrum price prediction 2028: Arbitrum's price for 2028 according to our analysis should range between $0.89 to $1.34 and the average price of ARB should be around $1.11.
Arbitrum price prediction 2029: Arbitrum's price for 2029 according to our analysis should range between $1.06 to $1.59 and the average price of ARB should be around $1.32.
Arbitrum price prediction 2030: Arbitrum's price for 2030 according to our analysis should range between $1.10 to $1.65 and the average price of ARB should be around $1.37.
Arbitrum price prediction 2031: Arbitrum's price for 2031 according to our analysis should range between $1.32 to $1.98 and the average price of ARB should be around $1.65.
Arbitrum price prediction 2032: Arbitrum's price for 2032 according to our analysis should range between $1.73 to $2.60 and the average price of ARB should be around $2.16.
Arbitrum price prediction 2033: Arbitrum's price for 2033 according to our analysis should range between $1.74 to $2.61 and the average price of ARB should be around $2.18.
Arbitrum price prediction 2034: Arbitrum's price for 2034 according to our analysis should range between $1.57 to $2.36 and the average price of ARB should be around $1.97.
Arbitrum price prediction 2035: Arbitrum's price for 2035 according to our analysis should range between $2.56 to $3.85 and the average price of ARB should be around $3.21.
Top Coins Price Predictions
Similar Long Term Price Predictions
A Historical look at Arbitrum, ARB’s price
ARB/USD Pair
ARB
USD
13 September 2023
0.78
ARB
USD
14 September 2024
0.53
67.73
ARB/Euro Pair
ARB
EUR
13 September 2023
0.72
ARB
EUR
14 September 2024
0.47
65.71
FAQs about Arbitrum
What is the price of Arbitrum as of today 14 September 2024?
Arbitrum’s current price is $0.53 and witnessed a 2.60% increase in the past 24 hours. ARB/BTC pair saw a -0.88% decrease in the past 24 hours
Is ARB a good investment?
Investing in Arbitrum, ARB will purely depend on your personal risk appetite. As you can see over the past 24 hours Arbitrum’s price has witnessed a 2.60% increase and over the past 30 days Arbitrum has decrease by -3.94%. So it all depends on if this investment will hit your trading goals.
How high can Arbitrum’s price go this year in 2024?
According to our latest Arbitrum Price prediction for 2024, ARB should vary between $0.72 and $0.48. Please keep in mind that the crypto market is very volatile and this Arbitrum price prediction does not account for extreme wild swings in price.
How much will the Arbitrum be worth in 2024 ?
As per the Arbitrum price prediction 2024 model above, ARB’s price for September 2024 should range between $0.48 to $0.72 with the average price for September being $0.6
How much will Arbitrum be worth in 2025?
According to the Arbitrum Price Prediction model above, ARB’s price in 2025 would be $0.7. This price would however would range from $0.84 and $0.56.
How much will Arbitrum be worth in 2026?
According to the Arbitrum Price Prediction model above, ARB’s price in 2026 would be $0.83. This price would however would range from $1.01 and $0.67.
How much will Arbitrum be worth in 2027?
According to the Arbitrum Price Prediction model above, ARB’s price in 2027 would be $0.98. This price would however would range from $1.18 and $0.78.
How much will Arbitrum be worth in 2028?
According to the Arbitrum Price Prediction model above, ARB’s price in 2028 would be $1.11. This price would however would range from $1.34 and $0.89.
How much will Arbitrum be worth in 2029?
According to the Arbitrum Price Prediction model above, ARB’s price in 2029 would be $1.32. This price would however would range from $1.59 and $1.06.
How much will Arbitrum be worth in 2030?
According to the Arbitrum Price Prediction model above, ARB’s price in 2030 would be $1.37. This price would however would range from $1.65 and $1.10.
How much will Arbitrum be worth in 2031?
According to the Arbitrum Price Prediction model above, ARB’s price in 2031 would be $1.65. This price would however would range from $1.98 and $1.32.
How much will Arbitrum be worth in 2032?
According to the Arbitrum Price Prediction model above, ARB’s price in 2032 would be $2.16. This price would however would range from $2.60 and $1.73.
How much will Arbitrum be worth in 2033?
According to the Arbitrum Price Prediction model above, ARB’s price in 2033 would be $2.18. This price would however would range from $2.61 and $1.74.
How much will Arbitrum be worth in 2034?
According to the Arbitrum Price Prediction model above, ARB’s price in 2034 would be $1.97. This price would however would range from $2.36 and $1.57.
How much will Arbitrum be worth in 2035?
According to the Arbitrum Price Prediction model above, ARB’s price in 2035 would be $3.21. This price would however would range from $3.85 and $2.56.
What was the highest price of Arbitrum?
The highest price for Arbitrum was recorded in 12 January 2024 during which ARB hit an All Time High of $2.39
What is the price of 1 Arbitrum?
The price of 1 Arbitrum according to current market rate is $0.53