Arbitrum’s breakout from months of sideways trading, with over 2.5 million daily transactions recorded, marks an 18.25% increase, reflecting heightened interest. Exchange outflows of 553,870 USD suggest a bullish environment for ARB, indicating renewed investor accumulation.
Active addresses stable at 371,300 indicate user retention. Positive signals from the Directional Movement Index suggest bullish control and a price target range between 0.61 USD and 0.75 USD, dependent on sustained momentum.
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