Arbitrum (ARB) is showing signs of a potential trend reversal after its price fell 96% from its all-time high, according to a market analysis. The token’s price has stabilized, trading around $0.13, with analysts identifying a key resistance level at $0.27 that could confirm a structural shift. If this bullish scenario materializes, long-term targets could extend toward a range of $5 to $10.
The price of Arbitrum (ARB) has shown stability over the last 24 hours but remains up nearly 16% over the past week. According to CoinMarketCap, ARB was trading at approximately $0.1282, with a market capitalization of about $774.65 million.
Analyst Crypto Patel highlighted that ARB experienced an extreme macro drawdown, falling nearly 96% from its peak. The price is now trading within what is described as an accumulation range between $0.07 and $0.095 following a full liquidation phase.
The structure reflects continuous lower highs and lower lows, with repeated relief rallies failing as liquidity was absorbed and price continued its broader bearish expansion phase, the analyst stated. Following its lows, ARB has risen roughly 50% to 57%, indicating emerging strength as volatility contracts.
The analysis identifies $0.27 as a critical resistance level for confirming a proper bullish reversal. As outlined, if a bullish pattern holds, upside targets could be set at $0.50, $1.20, $2.50, and $5.00, with $7.00 and $10.00 serving as extended macro levels in a full-cycle scenario.
