• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Price Analysis > Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?
Price Analysis

Can Robinhood’s Involvement Boost Bullish Sentiment for $ARB Price Soon?

vitalclick
Last updated: June 30, 2025 6:09 pm
1 day ago
Share
SHARE

Contents
Why Arbitrum Price Outperformed Other Altcoins TodayMidterm Expectations for ARB Price?

Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past 24 hours. The altcoin, which is used by one of the top layer Two (L2) networks for Ethereum (ETH), gained over 6 percent in the past 24 hours to trade about $0.3412 on Monday, June 30, during the mid-North American session.

Consequently, the mid-cap altcoin, with a fully diluted valuation of about $2.4 billion and a 24-hour average traded volume of around $109 million, has gained over 20 percent in the past seven days.

Why Arbitrum Price Outperformed Other Altcoins Today

Arbitrum price recorded higher gains on Monday than the rest of the top altcoin largely due to the much needed support from Robinhood Markets Inc. (NASDAQ: HOOD). On Monday, Robinhood confirmed that it is currently building its blockchain on top of the Arbitrum network.

Robinhood enjoys a strong community of more than 14 million retail investors, especially in North America. Following the announcement of a new web3 product developed on Arbitrum, HOOD shares gained over 12 percent on Monday to trade about $93.28 at the time of this writing.

Midterm Expectations for ARB Price?

ARB weekly chart

In the weekly timeframe, ARB price has been trapped in a falling trend, which is characterized by lower lows and lower highs. However, ARB price has established a robust support level around $0.2673, especially after rebounding twice year-to-date.

ARB daily chartARB daily chart

A similar outlook has been observed in the daily timeframe, whereby ARB price has already broken out of a macro falling trend and has been retesting.  With the daily MACD line almost crossing the Signal line, amid the bullish divergence of the Relative Strength Index (RSI), ARB price is well positioned to rally beyond 47 cents in the near term and establish a macro rising trend.

You Might Also Like

What Will Tron (TRX) Price Hit First, $0.1760 or $0.1525?

Bitcoin Bulls in Complete Control-$100K Dream May Become A Reality this November

XRP Price Testing Key Range, Breakout Could Reach New ATH at $10

These Altcoins Reveal 100% Upside

Can the Bullish Flag Pattern Drive Prices to $0.000045?

TAGGED:Price Analysis
Share This Article
Facebook Twitter Email Print
Previous Article Pursuing Coins: Digital Treasure Hunt with CryptoAppsy! iOS & Android
Next Article Solana (left) is going to the target, the EU has approval for the tariff and Canada is okay
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?