CryptoPatel

ARB/USDT: Past Prediction Correct, Next Bull Run Target $10

Long
BINANCE:ARBUSDT   ARB / TetherUS

Sure, here is the technical analysis of ARB/USDT in a more professional report format:

Current Price: $1.20

Previous Analysis: In a previous analysis, CryptoPatel predicted that ARB/USDT would dump from $1.50 to $0.90. This prediction was correct.

Current Resistance Level: $1.25

Expected Price Movement: CryptoPatel expects ARB/USDT to break the $1.25 resistance level and test the $1.43 resistance level. However, they also expect ARB/USDT to be rejected from the $1.43 level and fall back to the $0.7-$0.5 range. This range would be a good accumulation zone for long-term investors.

Next Bull Run: CryptoPatel expects ARB/USDT to reach a minimum of $10 in the next bull run.

Key Support and Resistance Levels:
Support: $1.07/$0.77
Resistance: $1.25/$1.43

Overall Outlook: CryptoPatel believes that ARB/USDT is currently in a downtrend and is expected to continue to fall in the short term. However, they also believe that ARB/USDT is a good long-term investment and could reach a minimum of $10 in the next bull run.


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