Arbitrum: Eyes Strong Upside Impulse

Prominent trader Michaël van de Poppe asserts that despite a sharp correction in Arbitrum ($ARB), the overall market structure stays solid, dismissing any deep bear market plunge and forecasting a robust upward surge ahead, aligning with recent crypto market correction patterns seen in assets like Bitcoin (BTC).

Zooming into the 4-hour chart, Arbitrum trades flat at $0.12, where the EMA50 and EMA200 converge precisely at this level, acting as a unified long-term support zone that reinforces the bearish trend structure yet hints at stabilization. Momentum sits neutral with RSI at 52.4, avoiding extremes, while MACD flashes a bullish golden cross at -0.0, suggesting building upside pressure; meanwhile, price hugs the middle of the Bollinger Bands with upper resistance and lower support both pinned at $0.12, pointing to volatility compression that often precedes sharp breakouts—watch for a push above this confluence to confirm the ARB price prediction of renewed impulse, especially if broader crypto market trends echo BTC's resilience.