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The Arbitrum price is up 21% in the last 24 hours to trade at $1.56 as of 7:37 a.m. EST as trading volume surged 163% to $1.5 billion.
Crypto analyst Michaël van de Poppe has conveyed an optimistic perspective on ARB, envisioning a path that could propel the token to reach the $2 threshold.
I've posted some updates on $ARB.
Retest at $0.98 did work, continuation towards $1.35 as well and even further.
Some beautiful S/R flips, I think $1.40-1.45 should hold and we can continue to $2. pic.twitter.com/wIFEg26zq8
— Michaël van de Poppe (@CryptoMichNL) December 28, 2023
Van de Poppe shares his insights on Arbitrum’s price trajectory through X (Twitter), expressing confidence that the range between $1.40 and $1.45 should support further upward movement toward the $2 mark.
The Arbitrum Price Bulls Target $1.83 April High
The ARB price reflects a gradual upward trend within an ascending channel, with bulls propelling the price above the $0.77 support zone. The bulls have successfully surpassed the confines of the channel, aiming to reclaim the April high at $1.83.
The relative strength index (RSI) shows a bullish view, rebounding from the neutral 50 level and currently trading at 72, indicating heightened buying pressure.
The 50-day and 200-day Simple Moving Averages (SMAs) are positioned below the price, forming a golden cross at $1.03, further contributing to the bullish momentum.
The Arbitrum Price Bulls Target New Highs Above The Rising Channel
The bulls have maintained their momentum, aiming for new highs before the conclusion of 2023. If this momentum continues, bulls may set their sights on reaching the April peak of $1.83 within the first quarter of 2024.
Nevertheless, given the high volatility, bears could intervene, causing a downward movement in price. This could compel the bulls to retreat towards the $1.34 support zone, aligning with the upper boundary of the ascending channel.
Even as ARB continues to surge, investors looking for low cap meme coins that hold the potential for 10X returns should consider investing in YPRED and Launchpad XYZ, two AI platforms that experts say hold the most potential in 2024.
yPredict Secures $5.9 Million, Official Launch Nears
yPredict (YPRED) has successfully raised a whopping $5.9 million and is now very close to achieving its target of $6.5 million. As an innovative platform, yPredict aims to revolutionize how traders make their trades by helping them with AI-powered predictions.
🚀 Exciting Announcement Alert! 🚀
Prepare for a mind-bending journey into the future of analytics! 📊✨ We're thrilled to unveil a sneak peek of yPredict's revolutionary Analytics product – the game-changer you've been waiting for! 🌐🔍
🔮 Brace yourselves for an unparalleled… pic.twitter.com/KnjPUV5Dvz
— yPredict.ai (@yPredict_ai) December 28, 2023
The platform is set to leverage artificial intelligence (AI) to generate real-time trading signals, conduct sentiment analysis, perform technical analysis on popular coins, and assist in identifying chart patterns for specific cryptocurrencies.
🚀 Unleash the Power of AI with $YPRED! 🤖
🌟 Dive into the world of AI and trading advantages like never before. Hold $YPRED tokens to secure privileged access!
🔥 Discover the yPredict ecosystem, offering discounted access to data repositories, prediction platforms,… pic.twitter.com/k3sogrbDzr
— yPredict.ai (@yPredict_ai) October 3, 2023
At the moment, you can buy YPRED tokens at a discounted price of $0.11. This opportunity represents the final chance to purchase the tokens at the current rate. The price will increase to $0.12 once the presale meets its target and is listed.
Buyers receive a substantial 45% quarterly staking reward. This is way above the industry average annual percentage yields between 5-10%.
You can buy YPRED tokens now by visiting the official yPredict website.
Jacob Bury, a popular crypto analyst and influencer, says yPredict and Launchpad XYZ have the potential to 10X upon launch.
Launchpad XYZ Raises $2.3 Million, Buy Now for 2% Bonus
Launchpad XYZ (LPX) is an innovative and ambitious project that aims to change the way people interact with and invest in the world of cryptocurrency and blockchain technology.
🚀 Outsmart the market with #LaunchpadXYZ's AI insights
Elevate your #Trading game! 🔥#LaunchpadKnows #Web3 #Crypto pic.twitter.com/gcZDqATf8F
— Launchpad.xyz (@launchpadlpx) November 9, 2023
By offering a comprehensive and user-friendly platform, it seeks to empower users to make informed decisions and take control of their financial futures.
The project offers a range of features, including a decentralized exchange, NFT marketplace, and fractional investing in high-value assets like real estate.
Launchpad Quotient (LPQ), an AI engine that synthesizes insights from over 400 data sources to produce actionable investment insights specific to each user, also powers Launchpad XYZ.
⚠️ Beware of pump-and-dump schemes in #Crypto!
Avoid buying coins based on hype and do thorough research! 🔎#Trading #launchpadXYZ #Web3 pic.twitter.com/IfSGeafOmk
— Launchpad.xyz (@launchpadlpx) December 24, 2023
Currently in its presale phase, Launchpad XYZ has successfully raised $2.3 million and is roaring towards its target. Following this achievement, the platform will debut with the immediate listing of LPX tokens on various exchanges, with experts saying a price hike of 10X is possible.
Presently, 1 LPX token is priced at $0.0445 USDT, which will rise in a little more than five days, underscoring the urgency to invest now for greater rewards.
You can buy LXP tokens on the Launchpad XYZ website by swapping your USDT, BNB, or ETH or by using your bank card.
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