Arbitrum Price Surges 6% Amid Robinhood Partnership Speculation

Arbitrum (ARB) has recently shown signs of a potential price reversal, with its value increasing over the past few days. This upward momentum is largely attributed to speculation surrounding a high-profile partnership between Robinhood and Offchain Labs, the developer of Arbitrum. Over the weekend, Robinhood announced a fireside chat in Cannes, France, featuring Ethereum co-founder Vitalik Buterin, Robinhood Crypto’s general manager Johann Kerbrat, and A.J. Warner, the chief strategy officer at Offchain Labs. This event has been teased as the unveiling of Robinhood’s “biggest crypto announcements of the year,” leading the market to speculate about a possible integration of Arbitrum into Robinhood’s crypto or blockchain product lines.

Adding to the bullish sentiment is the report that Robinhood is developing a blockchain platform to enable European investors to trade US stocks on-chain. Arbitrum and Solana are among the blockchains reportedly being considered for this infrastructure. With the fireside chat bringing together key executives from both companies, and former Ethereum core developer Eric Connor suggesting that Robinhood has “chosen Arbitrum,” traders are anticipating confirmation of this strategic partnership. Such a tie-up would significantly boost Arbitrum’s network adoption and transaction volumes, leading to higher demand for ARB tokens and deeper integration with Robinhood’s vast user base in Europe.

Technically, this narrative has helped push ARB’s price above recent resistance levels, aligning with an improving Relative Strength Index (RSI) and reclaiming crucial Fibonacci zones. If Robinhood’s announcement confirms Arbitrum’s involvement, the price could sustain this rally and aim for the next resistance at $0.50 and beyond, especially as retail investors rush in to position for further gains.

Looking at the daily chart, ARB is trading around $0.3643, up about 6% today. The Heikin Ashi candles show a series of green bodies emerging after a prolonged downtrend, indicating a possible trend shift. The price recently bounced from the 0.236 Fibonacci level around $0.236, now testing the pivot resistance near $0.38. If ARB can maintain this bullish momentum and break the $0.382 pivot resistance cleanly, the next Fibonacci target could be the 0.5 level at around $0.50 — a potential 37% gain from the current level.

The RSI (14) sits at 59.86, trending upward from oversold territory. This level is below the classic overbought threshold of 70, suggesting that ARB price still has room to run. The RSI moving above its signal line further confirms that buyers are gaining strength after months of sideways and downward pressure. ARB price recently found solid support near $0.23–$0.25, which aligns with the Fibonacci 0.236 level. This zone has acted as a launchpad for this bounce. If bulls fail to break the $0.38–$0.40 region, the price could retrace to test the $0.32–$0.30 levels, but a close above $0.40 would invalidate the bearish scenario for now.

If ARB price breaks above $0.38–$0.40 and closes there on strong volume, the next upside targets will likely be $0.50 (0.5 Fib) and then $0.618 at around $0.61. A breakout rally to $0.50 would deliver a 37% upside, while hitting $0.61 could mean a 67% upside from the current price. However, failure to hold above $0.36–$0.38 could bring sellers back in, dragging Arbitrum price back to $0.30 — about a 17% downside from here.

In summary, Arbitrum’s daily chart shows a clear attempt at a bullish reversal, supported by an improving RSI and reclaiming key Fibonacci levels. However, this momentum must hold above $0.38–$0.40 to confirm a bigger leg up. Traders should watch for volume spikes and daily closes above these levels to validate the move. Arbitrum price setup favors the bulls for now, but key resistance zones will test the conviction behind this bounce. A calculated move here could reward patient buyers if the breakout sustains.