Arbitrum: Liquidity Sweep Eyes Upward Continuation
Arbitrum at $0.21 post-liquidity sweep shows neutral RSI 45.87 and MACD death cross on 4h chart, supporting ARB price prediction for resumption higher.
SourceAnalysis
Arbitrum ($ARB) executed a clean liquidity sweep under the recent low, with trader @CryptoMichNL flagging expected resumption of upward continuation.
Price action at $0.21 sits precisely on the EMA50 while the EMA200 holds at $0.17 as longer-term support; the neutral RSI(14) at 45.87 combined with the MACD death cross at -0.01 suggests limited downside before any bullish follow-through inside the Bollinger bands bounded by $0.19 support and $0.24 resistance, aligning with liquidity sweep trading strategy crypto technical analysis and recent Arbitrum ARB token price history recent lows.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast