Will Arbitrum Reach $1? Chart Analysis Shows Strong Breakout

Arbitrum has seen a significant price surge, breaking out of its downtrend and sparking speculation about reaching $1. Top analyst World Of Charts highlighted this on X, noting that the price has cleared several resistance levels since May. Trading volume has surged by 192%, indicating strong buyer participation. The chart shows rapid upward movement with clear bullish signals, leading many to believe a $1 milestone is within reach.