{"id":41164,"date":"2025-06-30T11:44:58","date_gmt":"2025-06-30T11:44:58","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/30\/arbitrum-price-double-bottom-signals-a-rebound-in-july\/"},"modified":"2025-06-30T11:44:58","modified_gmt":"2025-06-30T11:44:58","slug":"arbitrum-price-double-bottom-signals-a-rebound-in-july","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/30\/arbitrum-price-double-bottom-signals-a-rebound-in-july\/","title":{"rendered":"Arbitrum price double-bottom signals a rebound in July"},"content":{"rendered":"
<\/div>\n

Arbitrum price has formed a double-bottom pattern pointing to an eventual rebound in July. The ARB token was trading at $0.3600 on Monday, up from the double-bottom point at $0.2600. This price is approximately 28% below the July high and 70% below its 2024 high of $1.2400.<\/p>\n

Arbitrum price technical analysis<\/h2>\n

The 12-hour chart shows that the ARB token price has crashed in the past few months, moving from a high of $1.2400 in November last year to the current $0.3595. Most recently, the token crashed from last month\u2019s high of $0.5055 as the recovery faded. <\/p>\n

On the positive side, Arbitrum price has formed a giant double-bottom pattern at $0.2600 and a neckline point at $0.5055. A double bottom is one of the most bullish reversal patterns in technical analysis. <\/p>\n

Arbitrum price has moved slightly above the 50-day and 100-day Exponential Moving Averages (EMA), a sign that bulls are in control. The two lines of the MACD have pointed upwards and are about to cross the zero line. <\/p>\n

Therefore, the token will likely continue rising as bulls target the neckline at $0.5054, up by 42% above the current level. This price coincides with the 23.6% Fibonacci Retracement point. <\/p>\n

A break above that level will signal more gains, potentially to the 50% retracement level at $0.7438, up by 106% from the current level. A drop below the double-bottom point at $0.2600 will invalidate the bullish view.<\/p>\n

Arbitrum token chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

Arbitrum network strength and risks remain<\/h2>\n

Meanwhile, internal data shows that the Arbitrum network is doing relatively well this year. <\/p>\n

The number of active addresses has jumped by 11% in the last seven days to over 12.7 million. Similarly, the number of active addresses jumped by 22% to over 1.356 million. <\/p>\n

The same happened in the last 30 days when the number of addresses jumped by14% to 51.6 million. Its active addresses jumped to over 3.5 million. <\/p>\n

Another data shows<\/a> that the daily active addresses have jumped by over 311k this month, up by 232k last month. <\/p>\n

More data showed that Arbitrum supply jumped by 4.2% in the lst 30 days to over $6.7 billion. This increase happened as the number of stablecoin addresses rose by 3% to 1.4 million. <\/p>\n

More data reveals<\/a> that the adjusted stablecoin volume dropped slightly to $46.7 billion, while the number of transactions fell by 6% to $46.7 billion. <\/p>\n

Arbitrum has become a major player in the layer-2 industry, ranking as the second-largest player after Base. <\/p>\n

Further data shows that the decentralized exchange (DEX) volume<\/a> stood at $308 million in the last 24 hours, bringing the 30-day value to over $17.80 billion. The biggest players in the ecosystem are Uniswap, Fluid, PancakeSwap, and Camelot. <\/p>\n

A key challenge facing the Arbitrum token is its regular unlocks<\/a>. Its unlocks  over 479,068 tokens worth over $172,000 each day, and over 93.2 million worth $33.6 million each month. Arbitrum has a circulating supply of 4.96 billion and a total supply of 10 billion. <\/p>\n

The post Arbitrum price double-bottom signals a rebound in July<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Arbitrum price has formed a double-bottom pattern pointing to an eventual rebound in July. The ARB token was trading at $0.3600 on Monday, up from the double-bottom point at $0.2600. This price is approximately 28% below the July high and 70% below its 2024 high of $1.2400. Arbitrum price technical analysis The 12-hour chart shows <\/p>\n","protected":false},"author":1,"featured_media":41165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-41164","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=41164"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/41165"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=41164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=41164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=41164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}