News

October 31, 2023

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

Ethan Lim
Written byEthan LimWriter
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
Ethan Lim
Ethan Lim
About

Ethan Lim, a native of the Lion City, is Singapore’s rising star in the domain of online casino guide localization. He masterfully blends his intimate knowledge of local culture with international gaming standards to produce content that resonates deeply with Singaporeans.

Send mail
More posts by Ethan Lim
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