Arbitrum jumps 5% on Robinhood news – But THIS can ruin ARB’s breakout – Crypto News – Crypto News
Connect with us
Arbitrum jumps 5% on Robinhood news - But THIS can ruin ARB's breakout Arbitrum jumps 5% on Robinhood news - But THIS can ruin ARB's breakout

Cryptocurrency

Arbitrum jumps 5% on Robinhood news – But THIS can ruin ARB’s breakout – Crypto News

Published

14 hours ago

on

  • ARB rallied 4.88% and reclaimed its 50-day EMA, signaling a technical shift in short-term momentum.
  • Experts predicted ARB might not revisit $0.32 again, with some targeting a long-term move toward $1.

Arbitrum [ARB] surprised the market with a clean 5% rally at press time, standing out while other major altcoins struggled for direction. The reason? Robinhood’s announcement.

Why is ARB surging?

AMBCrypto had earlier reported that Robinhood would launch tokenized stocks, ETFs, and equities for EU users using Arbitrum’s Layer 2, alongside future plans to build a custom Orbit-based chain.

Naturally, the market interpreted this as a massive ecosystem endorsement—bullish for ARB.

At press time, Arbitrum traded around $0.342, notching a 4.88% gain in the past 24 hours, per CoinMarketCap.

While it led daily altcoin gainers, trading volume dropped nearly 30%, hinting at light participation behind the move.

Experts’ bold prediction

Despite lower participation from crypto investors, experts and analysts have shown strong interest in the token and appear to be making bold predictions.

One expert emphasized that ARB is unlikely to miss its current level again, highlighting the asset’s strong upside potential. Meanwhile, another expert made a bold prediction, stating,

“ARB is currently trading at $0.32 and showing strong momentum toward the $1 mark.”

These are not the only posts that have surfaced on X; there are several other optimistic posts suggesting strong expert interest in the token and its upside potential.

Price action and key technical analysis 

According to AMBCrypto’s technical analysis, the ARB coin has been hovering within a descending channel pattern between the upper and lower boundaries since May 2025.

With the recent price jump, the altcoin appeared to be heading toward the upper boundary of the channel.

Source: TradingView

If this rally holds, ARB could stretch another 7% to retest the channel top near $0.37.

Furthermore, if this momentum continues and ARB breaks out of the channel, there is a strong possibility the altcoin could see a price surge of up to 34% in the near future.

At press time, ARB was trading above the 50-day Exponential Moving Average (EMA) on a daily time frame, indicating a potential shift in trend and growing bullish momentum in the short term.

$2.20 million ARB leave exchange

Supporting this structure is the accumulation data from CoinGlass.

In the last 48 hours, ARB saw $2.2 million in Exchange Outflows, including a $2.57 million daily net outflows on the 1st of July. 

ARB Spot Inflow/Outflow

Source: CoinGlass

This shift typically signals investor confidence—whales moving coins off exchanges for cold storage or long-term holds.

Next: Trump’s new tariff threats rattle markets – Assessing the impact on Bitcoin

Related Topics:
Continue Reading

Trending