Arbitrum Price Eyes $0.20 as Bullish Momentum Gains Steam

The price of Arbitrum (ARB) is showing renewed bullish momentum after reclaiming the $0.1113 resistance level on its daily chart, according to crypto analyst Nehal.

This move suggests that buyers are regaining control after a prolonged period of weakness, and holding above this zone could strengthen the recovery structure.

The ARB price has surged by 45.02% over the last 24 hours, with a 24-hour trading volume of $1.13 billion and a market capitalization of $1.28 billion, according to CoinMarketCap.