
POL has surged in value after smashing through a critical resistance level, leaving traders buzzing with excitement. As the crypto market watches this impressive move, eyes are turning to Arbitrum . Could it be the next coin to experience a similar breakout? Discover which cryptocurrencies are poised for potential growth in the current market. POL (ex-MATIC) Market Snapshot: Past Declines and Current Levels Past performance shows a monthly drop of 18.07% and a six-month decline of 43.02% with a recent one-week gain of 14.43%. These movements highlight significant volatility and downward pressure, with brief recovery spurts appearing amid overall weakness. The price action has reflected a challenging environment for bulls, as most upward movements have been short-lived. Current trading sees POL moving between $0.20 and $0.38, with a key resistance at $0.48 and strong support near $0.14. The secondary resistance at $0.65 poses a barrier, while the market remains uncertain with mixed momentum indicators. Bears have the upper hand for now, but traders might look for breakouts within these levels to indicate a potential shift toward bullish activity. Arbitrum Price History and Range-Bound Outlook Last month Arbitrum recorded a 16.20% decline, while the past six months showed a 35.36% drop. Recently, a short-term rebound of 7.85% provided some relief. The price has fluctuated between $0.30 and $0.60, reflecting persistent downward pressure, although occasional upward movements have temporarily interrupted the overall decline. The current price is located within a range defined by near-term support at $0.17 and resistance at $0.78, with a secondary resistance at $1.08. The RSI at 52.40 and modest signals from oscillators indicate a balanced market, with neither bulls or bears dominating. This scenario suggests that trading within the established range could be the most effective strategy. Conclusion POL has shown strong momentum after a significant breakout. This surge has put it in the spotlight and raised questions about similar opportunities for ARB . Market trends indicate that both tokens could experience notable growth. As attention shifts to ARB, its performance will be closely watched in the coming weeks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.