Arbitrum (ARB) is currently trading at $0.221091, reflecting a slight decline of 0.39% over the last 24 hours. The daily trading range has been between $0.212823 and $0.226898, indicating a moderate volatility level with a daily range of 0.014075%.

The trading volume of ARB is approximately 115.7 million, which constitutes 9.15% of its market cap, suggesting active trading but not extreme interest from larger institutional players. The current moving averages show a mix of bearish and bullish signals; while the 8 SMA and 13 SMA are slightly down, the 21 SMA is stable, and the 55 SMA indicates a positive trend over a longer timeframe.

The 1-hour RSI stands at 48, suggesting that ARB is currently neutral and not in overbought or oversold territory. In contrast, the 7-day RSI at 61 indicates a stronger bullish momentum recently, supported by a notable 16.14% price increase over the past week, while the 14-day change is even more impressive at 17.22%.

Despite the short-term fluctuations, ARB's price has shown resilience with a 30-day price change of 3.75%. This indicates a steady recovery trend, especially when considering the all-time high of $2.39 reached on January 12, 2024, which highlights significant upside potential.

Given the mixed signals from the moving averages and the neutral to bullish RSI indicators, ARB appears to be at a potential inflection point. The combination of recent price increases and relative stability suggests that while immediate gains may be limited, there is room for upward movement.

Rating: Buy. The positive longer-term trends and recent price action indicate potential for growth, making it a suitable time to accumulate ARB before further upward momentum is realized.