News

October 31, 2023

Promising Opportunities in Solana, Chainlink, and Arbitrum for Potential Gains

Liam O'Sullivan
Written byLiam O'SullivanWriter
Researched byNikos PapadopoulosResearcher

Solana (SOL)

  • Solana is experiencing a strong uptrend and could reach close to $40.
  • If there is a deeper correction in the market, it may be a good opportunity to buy SOL at $26-$28.
  • At the time of writing, SOL is trading for $31.70.

Chainlink (LINK)

  • Chainlink has broken out of a multi-month range and is showing strength.
  • It is expected to rally towards $12.50-$13.00.
  • If there is a deeper correction, buying at $9.60-$10.00 before continuation is recommended.
  • At the time of writing, LINK is trading for $10.89.

Arbitrum (ARB)

  • ARB, a layer-2 scaling solution, is expected to have more rallies.
  • A shallow pullback is anticipated.
  • Entries around $0.85-$0.88 are preferred before continuation to $1.11.
  • A breakout to the upside is likely after a renewed test of the resistance at $0.98.
  • At the time of writing, ARB is trading for $0.913.

In conclusion, Solana, Chainlink, and Arbitrum are all showing positive signs in the market. Investors may consider buying SOL at $26-$28, LINK at $9.60-$10.00, and ARB at $0.85-$0.88 for potential gains. However, it is important to conduct thorough research and exercise caution when investing in altcoins.

Promising Opportunities in Solana, Chainlink, and Arbitrum for Potential Gains
About the author
Liam O'Sullivan
Liam O'Sullivan
About

Liam O'Sullivan, an Irish digital maestro, seamlessly fuses his impeccable command of English with an enthusiastic penchant for online gaming. Highly regarded for his localization expertise, Liam fine-tunes online casino guides, ensuring they resonate profoundly with the diverse English-speaking populace.

Send mail
More posts by Liam O'Sullivan
undefined is not available in your country. Please try:

Latest news

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate
2024-02-16

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate

News