Arbitrum (ARB) Surges After Robinhood Login: What Will Happen Next?

Jakarta, Pintu News – Arbitrum ARB3.83%->Current ARB PriceRp 5.9053.83%Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 has seen a rise of more than 12% in the past 24 hours after being listed on Robinhood, sparking strong speculative interest. Market capitalization has now reached $1.8 billion, while trading volume jumped to $400 million in the same period.

Technical Analysis Shows Change in Buyer Power

After the announcement of enrollment in Robinhood, the chart of the Arbitrum Directional Movement Index (DMI) showed a significant shift. The ADX, which measures trend strength, has slightly declined to 28.4 from 30.6, reflecting a weakening of the downtrend. However, the +DI has jumped from 13.5 to 29.3, while the -DI has dropped from 37.3 to 25.2.

This indicates that buying momentum is increasing while selling pressure is easing. Despite this improvement, the ARB is still in a downward trend. However, the recent shift in directional movement suggests a possible trend reversal if bullish momentum continues to build.

Also Read: Bitcoin Faces New Price Barriers in the Crypto Market: Volatility and Its Impact on Crypto

Arbitrum Daily Users Decline

Despite the surge in Arbitrum’s price after it was listed on Robinhood, the number of 7-day active addresses on the Arbitrum chain has been steadily declining since December. Currently, this metric stands at around 36,400, a sharp decline from the 110,000 active addresses recorded on December 7, when ARB was priced at around $1.23.

Tracking the number of active addresses is crucial as it reflects real user participation and adoption of the blockchain network. An increasing number of active addresses usually indicates higher usage, stronger demand for network services, and a more engaged community.

Arbitrage Price Prediction (ARB) for March

The Arbitrum EMA line shows that the coin is still in a downward trend, as its short-term moving average is still below the long-term one. However, with the latest price surge after being listed on Robinhood, the short-term line has started to move upwards. If this momentum continues, Arbitrum’s price could test resistance at $0.438.

A break above this level could open the door for a move towards $0.466 and even $0.51. The key for ARB will be whether the buying pressure is strong enough to sustain this uptrend, potentially reversing the previous downward structure.

Conclusion

Despite the significant price increase, the sustainability of ARB’s price growth may be questionable if on-chain engagement continues to weaken. If this trend continues, it could indicate that despite the price increase, interest in using the network itself is waning, which could ultimately affect the long-term value of ARB.

Also Read: Cardano Price Movement Pattern Shows Positive Trend, This is Analyst’s Explanation! (5/3/25)

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Arbitrum Surges After Robinhood Listing. Accessed on March 6, 2025
• Featured Image: Crypto Economy