Arbitrum: Bullish Divergences Signal New Cycle

Arbitrum at $0.09 displays strong bullish divergences on multiple timeframes against USD and BTC while holding critical support and printing a higher low, per trader @CryptoMichNL. Volume has surged sharply, confirming rising demand and positioning the token for continuation into a fresh Arbitrum bull cycle.

Price action on the 4h chart tests upper Bollinger resistance at $0.09 with RSI(14) neutral at 44.49 and MACD registering a golden cross, even as EMA50 and EMA200 both sit at $0.09 in a bearish structure; this confluence favors a measured advance before any pullback to the 50-EMA support zone.