Michael van de Poppe Shares His Rocket-Breaking Prediction for the Recently Exploding Altcoin!

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Arbitrum The price has shown a strong performance, resulting in a 58% increase in the last 30 days. Leading analyst Michael van de Poppe shared his prediction for an increase in the ARB token price, stating that $2 levels are possible.

Van de Poppe noted that the retest at $0.98 is effective and will continue towards $1.35 and beyond. He also emphasized the importance of maintaining the $1.40 to $1.45 range, highlighting important support/resistance (S/R) reversals, which would allow for further upside movement towards $2. did.

Arbitrum is currently trading at $1.58 and is up an impressive 19.96% in the last 24 hours alone. altcoin It has shown remarkable resilience over the past month, posting a notable gain of 58.27%. The transaction volume increased by an impressive 205.61% in the last 24 hours, reaching $1,598,545,697.

Arbitrum Continues to Attract Attention

Arbitrum, Ethereum A layer-2 solution that stands out with details such as increasing speed, scalability and cost efficiency in its network. The network’s innovative approach enables it to achieve high throughput and lower transaction fees, while benefiting from the security and compatibility of the Ethereum blockchain. The platform achieves this by moving a significant portion of computation and storage off-chain.

The reason for the increase in price may be due to the layer-2 alternatives they are looking for due to difficulties such as congestion and high transaction fees in the Ethereum network.


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