Arbitrum: Eyes More Upside

Crypto analyst Michaël van de Poppe asserts that Arbitrum ($ARB) holds significant upside potential, as markets remain heavily undervalued amid an upward trend following the massive crypto market crash on altcoins over the past year. He emphasizes that more gains loom after the brutal altcoin bloodbath, aligning with broader sentiment where Bitcoin (BTC) continues to influence layer-2 plays like ARB.

From a technical confluence standpoint, ARB trades at $0.14, precisely testing the EMA50 which acts as immediate resistance here, while the EMA200 at $0.12 provides robust long-term support in this bullish structure. Momentum sits neutral with RSI(14) at 53.24, but the MACD(12,26) death cross at 0.0 signals short-term bearish pressure—yet price coils inside the volatility bands, hugging the upper resistance at $0.15 and lower support at $0.13, setting up for a probable breakout if buyers defend the EMA200 floor before pushing toward fresh highs in this undervalued setup.