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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
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Arbitrum (ARB) To Soar Further? Key Breakout Retest Signaling Potential Upside Move
Date: Mon, Aug 18, 2025 | 05:50 AM GMT The cryptocurrency market is facing a slight pullback as Ethereum (ETH) slips 4% on the day, dropping from it's recent high of $4,780 to under $4,300 today. This decline has put pressure on most major altcoins. Despite the broader market weakness, Arbitrum (ARB) is holding strong with 11% weekly gains, and its price chart is now flashing a classic bullish continuation setup that could set the stage for further upside.
Source: Coinmarketcap Retested Cup and Handle Breakout On the daily chart, $ARB has completed a well-defined Cup and Handle pattern — one of the most reliable bullish continuation structures. After forming the rounded “cup” and the smaller “handle” consolidation, ARB broke above its neckline resistance at $0.4850, rallying to a local high of $0.57.
Arbitrum (ARB) Daily Chart/Coinsprobe (Source: Tradingview) Following that surge, a pullback brought ARB back to retest the breakout zone, briefly touching $0.48 before bouncing to the current $0.52 level. This retest is significant, as it suggests the breakout is holding as valid support, keeping the bullish setup intact. What’s Next for ARB? If buyers continue to defend the $0.4850 neckline zone, ARB could regain momentum and challenge the $0.57 high once more. A decisive breakout above that level would open the path toward $0.70 — a move that represents roughly 33% upside from current prices. On the other hand, failure to maintain support above the neckline could invalidate the bullish formation and force ARB back into its prior consolidation range. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.