{"id":221501,"date":"2026-09-01T17:44:43","date_gmt":"2026-09-01T17:44:43","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=221501"},"modified":"2026-09-01T17:44:43","modified_gmt":"2026-09-01T17:44:43","slug":"arbitrum-arb-pumps-27-daily-the-start-of-a-bigger-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=221501","title":{"rendered":"Arbitrum (ARB) Pumps 27% Daily: The Start of a Bigger Move?"},"content":{"rendered":"

Surprisingly or not, Arbitrum\u2019s ARB leads the entire top 100 club today (September 1) as the strongest performer.<\/p>\n

Some analysts expect further gains ahead, but a certain technical indicator suggests a short-term correction is also quite possible.<\/p>\n

The 3-Month Peak<\/h2>\n

ARB experienced a sudden 27% daily increase and currently trades at around $0.11 (per CoinGecko), the highest point since late May. Its market capitalization surpassed $730 million, making it the 86th-largest cryptocurrency.<\/p>\n

<\/a>ARB Price, Source: CoinGecko<\/p>\n

The double-digit increase is rather surprising given the slight overall decline in the market over the past day, and the most likely catalyst fueling the rally appears to be Robinhood.<\/p>\n

Arbitrum\u2019s team revealed<\/a> that Robinhood Chain generated more than $1 million in fees in the last 24 hours. \u201cAs a dedicated Arbitrum chain, 10% of the protocol revenue flows back to the Arbitrum ecosystem,\u201d they added.<\/p>\n

According<\/a> to X user Master of Crypto, ARB is nearing the end of a long consolidation after trading inside a clear symmetrical triangle, with resistance around $0.1495 and $0.1729.<\/p>\n

\u201cIf ARB breaks above the triangle, the next move could target $0.1495 first, followed by $0.1729. A clean breakout could signal the start of a bigger trend move,\u201d the analyst predicted.<\/p>\n

For their part, X user OxNeena claimed<\/a> that ARB is breaking out. In their view, holding above the key support just above $0.08 could open the door to further gains toward $0.12, $0.14, and $0.16.<\/p>\n

Pullback Ahead?<\/h2>\n

Despite the aforementioned pump, ARB remains 98% below its all-time high. The token began trading in the spring of 2023 when its price briefly skyrocketed above $5.<\/p>\n

The asset\u2019s Relative Strength Index (RSI) suggests that narrowing the gap to the historical peak may have to wait a bit longer. The technical analysis tool, which measures the speed and magnitude of recent price changes, ranges from 0 to 100, with anything above 70 signaling a potential move south due to overbought conditions.<\/p>\n

On the other hand, ratios below 30 hint that ARB has entered oversold territory and could be due for a resurgence. Currently, the RSI stands at around 73, reinforcing the bearish perspective.<\/p>\n

<\/a>ARB RSI, Source: CryptoWaves<\/p>\n

\u00a0<\/p>\n

The post Arbitrum (ARB) Pumps 27% Daily: The Start of a Bigger Move?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Surprisingly or not, Arbitrum\u2019s ARB leads the entire top 100 club today (September 1) as the strongest performer. Some analysts expect further gains ahead, but a certain technical indicator suggests a short-term correction is also quite possible. The 3-Month Peak ARB experienced a sudden 27% daily increase and currently trades at around $0.11 (per CoinGecko), […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-221501","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221501"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=221501"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/221501\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=221501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=221501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=221501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}