Can Arbitrum clear $0.1714 and confirm a short-term recovery?

Image: The Cryptonomist
As of October 29, 2026, the Arbitrum price trades at $0.1703 on Binance , with an intraday rebound challenging a neutral daily setup. Improving short-term momentum contrasts with an unfinished recovery: ARB remains below its daily EMA20 and EMA50, keeping the bias neutral with a defensive tilt. Key takeaways ARB trades at $0.1703 on Binance, with the daily pivot at $0.1714 acting as the key near-term resistance. Daily RSI at 44.5 is rising and the MACD histogram is narrowing, though neither has turned definitively positive. Total crypto market capitalization stands at $2.70 trillion , down 4.02% over 24 hours, with Bitcoin dominance at 59.39%. Arbitrum chain DEX trading volume reached $202.65 million in 24 hours, yet venue activity is mixed rather than uniformly bullish.
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