Key highlights:
- The ARB price is still trading about 96% below its cycle high and is now sitting right at the bottom of a two-year descending channel.
- The $0.06–$0.09 area has become a key “patience zone” where bulls are watching closely for signs of accumulation.
- A move above $0.23 and then $0.49 would start to shift the structure, but a drop under $0.06 would weaken the bullish case fast.
Arbitrum has faced a rough two-year journey so far. The asset reached a high of $2.42 in 2024 before plummeting by 96%, which is considered one of the largest declines for a Layer 2 asset.
This kind of decline is likely to deter investors from entering the asset. But analyst Crypto Patel sees it differently. In his view, this is exactly where “generational entries” tend to show up. So what is the chart actually saying?
A two-year downtrend near a make-or-break level
On the weekly chart, the ARB price has been moving inside a clean descending channel. Every major bounce over the past two years has run straight into resistance at the upper boundary, then rolled over into fresh lows. It’s been a textbook structure of lower highs and lower lows.
Now, price is sitting near the bottom of that channel, inside a clearly marked accumulation zone between $0.06 and $0.09. This area lines up with past capitulation wicks and strong horizontal demand, which makes it a logical place for buyers to step in.
$ARB WILL MAKE MILLIONAIRES BUT 95% WILL MISS IT | $5+ PRICE FORECAST ( FULL TA BREAKDOWN )#ARB Has Been In A Brutal -96.36% Drawdown From Its Cycle High Over The Last 2 Years But This Is Where Generational Entries Are Made.
Price Is Sitting At The Bottom Of A Multi-Year… pic.twitter.com/sNA7aXn6Gs
— Crypto Patel (@CryptoPatel) February 26, 2026
You can also see how the selloffs have evolved. Earlier drops were sharp and aggressive. More recently, the downside moves have slowed, and the ARB price has started compressing sideways near support.
Patel describes the setup as Wyckoff Phase C or early Phase D. In simpler terms, that means sellers may be running out of fuel, and larger players could be quietly accumulating.
The ARB price levels that really matter
Right now, the ARB price is hovering just above $0.10. The entire bullish thesis hinges on one key level: $0.06. If price breaks and holds below that, the accumulation idea falls apart.
On the upside, the first real confirmation comes at $0.23. That’s the level that would mark a meaningful break of structure on higher timeframes. Then comes $0.49. This is the big one. It lines up with the descending trendline resistance and a major horizontal barrier. If the ARB price can reclaim and hold above $0.49, the multi-year downtrend would finally be broken.
Above that, resistance zones stack up at $1.20 and $2.42, with $2.42 marking the previous cycle high. Patel even outlines a longer-term scenario toward $5 if a full bullish expansion plays out. That would represent an enormous move from current levels, but only if structure truly flips.
CoinCodex’s 1-month ARB price prediction puts the token at around $0.08043, which implies a potential drift back toward the lower end of the current demand zone if selling pressure picks up and the ARB price fails to reclaim higher resistance levels.
What’s next for Arbitrum
Right now, the ARB price is sitting right on major channel support, inside a big demand zone, just moving sideways after a brutal two-year slide. The heavy selling we saw before has slowed down, but that doesn’t automatically mean a bottom is in.
For now, this feels like a patience zone. The kind of area where positioning can happen quietly before the chart gives full confirmation. What comes next depends entirely on how the ARB price reacts to these key levels.
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Source:: Arbitrum Price Prediction: Analyst Explains Why ARB Could Mint Millionaires
