Key takeaways:
Our ARB predictions anticipate a high of $0.765 by the end of 2024.
In 2025, it will range between $0.7811 and $0.9455, with an average price of $0.8037.
In 2030, it will range between $5.87 and $6.95, with an average price of $6.08.
Layer 2s have made quite a buzz over the last few months because of their high network activity. Arbitrum led the Layer 2 pack with a total value locked (TVL) of $2.385 billion. Arbitrum is an Optimistic Rollup solution that shifts network operations away from the Ethereum mainnet while maintaining Ethereum-level security.
Arbitrum’s BOLD testnet also went live; when integrated into the mainnet, the update will enable permissionless validation on Arbitrum. This means that anyone can challenge the state of the Arbitrum network. Currently, validators are allow-listed.
Is Arbitrum a good investment? Will it go up? Where will it be in 5 years? Let’s answer these questions and more in our Arbitrum price prediction.
Overview
CryptocurrencyArbitrumTickerARBCurrent price$0.56Market cap$2.028 billionTrading volume$120.95 millionCirculating supply3,617,088,312All-time high$2.40 on Jan 12, 2024All-time low$0.43 on Aug 5, 202424-hour high$0.562824-hour low$0.5432
Arbitrum price prediction: Technical analysis
MetricValueVolatility (30-day variation)8.58%50-day SMA$0.5614200-day SMA$1.0583SentimentBearishFear and Greed Index50 (Neutral)Green days17/30 (57%)
Arbitrum price analysis
According to a research by Binance Research, the Ethereum (ETH) issuance rate continued to rise, raising concerns about its “ultrasound money” claim.
The October report highlighted that the ETH issuance rate continued its ascent in September, moving away from its previously deflationary status.
The second largest digital asset by reported market cap had a 30-day annualized inflation rate of approximately 0.74%, a level not observed in the last two years. The sharp uptick in ETH supply inflation has questioned its “ultrasound money” positioning.
Ethereum’s high issuance could be attributed to several factors, including low mainnet on-chain activity, leading to a low transaction fee and, consequently, lower ETH burn rates.
Arbitrum’s price has consistently dropped from earlier highs in March; on the contrary, the blockchain’s total value locked (TVL) has been rising, i.e., by over 50% since January.
Arbitrum TVL. Source: Defillama
According to data from Coinglass, Arbitrum’s Open Interest has dropped consistently with its price. This signals a bearish market sentiment as traders pull out their investments, decreasing market activity and asset value.
Arbitrum Open Interest. Source: Coinglass.
Arbitrum 1-day price analysis
ARB/USD chart. Source: TradingView
Arbitrum has maintained a constant bear run since March. So far, it has lost over half its value from the year’s high. It made another bearish break out earlier last month as it fell below the $0.6 support. Earlier last week, it reversed the trend as it broke above the moving average, reaching as high as $0.67, but later corrected to $0.56 mark.
Arbitrum trades within a parallel channel with bearish momentum in play. The downtrend is strengthening as ARB falls closer to the channel’s lower boundary, with the MACD trend lines forming a bearish crossover.
The Relative Strength Index (RSI) was 48.02, indicating sellers had the upper hand, pushing the price closer to oversold territory.
For ARB to invalidate the bearish thesis, it must reclaim the $0.60 level.
The uptick in inflation could support the bearish scenario.
What to expect from Arbitrum price analysis next?
ARB is falling lower at current levels despite the fear and greed index showing neutrality. For ARB to invalidate the bearish thesis, it must reclaim the $0.60 level. The uptick in inflation could support the bearish scenario.
Arbitrum technical indicators: Levels and action
Daily simple moving average (SMA)
PeriodValue ($)ActionSMA 30.5504BUYSMA 50.5449BUYSMA 210.5960SELLSMA 500.5614SELLSMA 1000.6209SELLSMA 2001.0583SELL
Daily exponential moving average (EMA)
PeriodValue ($)ActionEMA 30.5694SELLEMA 50.5608SELLEMA 100.5553BUYEMA 210.5709SELLEMA 500.6465SELLEMA 1000.7934SELLEMA 2000.9915SELL
Is Arbitrum a good investment?
Arbitrum is a leading Layer 2 blockchain with an impressive TVL. The network also achieves development milestones, like quadrupling transactions after integrating EIP-4844, which cuts transaction costs by 90%. Despite a gloomy month, price predictions suggest a different narrative.
Why is Arbitrum down?
Arbitrum’s current drop is partly consistent with the network rise in inflation. This year’s drop in coin prices is consistent with the drop in crypto market valuation.
Will Arbitrum recover?
Arbitrum is trading at annual lows; despite this, network participation has remained consistently high, and as a result, Daily active addresses (DAA) have remained relatively high. This suggests ARB will eventually recover. These indicators point to an eventual recovery.
Will Arbitrum reach $1?
According to Cryptopolitan price predictions, ARB will trade at $1 in 2026.
Will Arbitrum reach $10?
According to Cryptopolitan price predictions, it is unlikely that ARB will trade at $10 in the period ending in 2030.
Will Arbitrum reach $100?
According to Cryptopolitan price predictions, it is unlikely that ARB will trade at $100 in the period ending in 2030.
Does Arbitrum have a good long-term future?
A high adoption rate is crucial for any blockchain’s long-term success and sustainability. Arbitrum’s performance in this regard is a positive sign of its future performance despite the price declines.
Recent news: First Pancake IFO launches on Arbitrum network
PancakeSwap has launched its first-ever Initial Farm Offering (IFO) on the Arbitrum network. This offering spotlights Eigenpie, a Liquid Restaking Protocol on EigenLayer with over $1B TVL, marking an important step in PancakeSwap’s ongoing expansion.
ARB price prediction October 2024
The Arbitrum price forecast in October is a maximum price of $0.614 and a minimum price of $0.482. The average price for the month will be $0.582.
MonthPotential low ($)Potential average ($)Potential high ($)October0.4820.5820.614
ARB price prediction 2024
For the last quarter of 2024, ARB’s price will range between $0.584 and $0.749. The average price for the period will be $0.718.
YearPotential low ($)Potential average ($)Potential high ($)20240.4820.7180.765
Arbitrum price predictions 2025-2030
YearPotential low ($)Potential average ($)Potential high ($)20250.78110.80370.945520261.181.211.3820271.771.832.0520282.602.693.0920293.954.064.5320305.876.086.95
Arbitrum price prediction 2025
The Arbitrum price forecast for 2025 is a high of $0.9455. It will reach a minimum price of $0.7811 and an average price of $0.8037.
Arbitrum ARB price prediction 2026
The year 2026 will also be bullish. Our analysis estimates that it will range between $1.18 and $1.38, with an average price of $1.21.
Arbitrum price prediction 2027
Arbitrum’s price prediction climbs even higher into 2027. According to the prediction, ARB’s price will range between $1.77 and $2.05, with an average price of $1.83.
Arbitrum coin price prediction 2028
Our analysis indicates a further acceleration in ARB’s price. It will trade between $2.60 and $3.09 and an average price of $2.69.
Arbitrum price prediction 2029
According to the 2029 ARB price prediction, the price of ARB will range between $3.95 and $4.53, with an average price of $4.06.
ARB price prediction 2030
The ARB price prediction for 2030 indicates that the price will range between $5.87 and $6.95, with an average of $6.08.
Arbitrum price prediction 2024 – 2030
ARB market price prediction: Analyst’s ARB price forecast
Platform202420252026Digitalcoinprice$1.08$1.31$1.80Changelly$1.86$1.80$1.29Gate.io$0.56$0.59$0.64
Cryptopolitan’s ARB price prediction
Our predictions show that ARB will achieve a high of $0.765 in the remaining part of 2024. In 2025, it will range between $0.7811 and $0.9455, with an average of $0.8037. In 2030, it will range between $5.87 and $6.95, with an average of $6.08. Note the predictions are not investment advice. Seek independent professional consultation or do your research.
Arbitrum historic price sentiment
The Arbitrum airdrop snapshot occurred on Feb 6, 2023, and eligible participants started claiming on Mar 23, 2023. The claiming period ended on Sep 24, 2023.
The airdrop granted 11.5% of the total supply to eligible users, 1.1% to DAOs operating in the Arbitrum ecosystems, and 44% to employees and Offchain Labs investors. The 44% is subject to lock-up periods and a vesting schedule. The rest was sent to the Arbitrum DAO treasury.
On Sep 11, 2023, it fell to its all-time low at $0.7453.
Bitcoin halving and crypto ETF hype helped the coin recover from October. By the end of the year, it had risen to $1.4.
The run continued into 2024. On Jan 12, it reached its all-time high at $2.40.
Per Coinmarketcap data, ARB broke below its listing price in June 2024.
On August 5, 2024, it registered a new all-time low of $0.4317
It then recovered into September reaching a high of $0.67.
This month, October, it trades at the $0.56 mark.
This articles is written by : Fady Askharoun Samy Askharoun
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