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October 31, 2023

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

Leticia "Letty" Santos
Written byLeticia "Letty" SantosWriter
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
Leticia "Letty" Santos
Leticia "Letty" Santos
About

Letty Santos, a vibrant spirit from the heart of Manila, seamlessly merges her passion for Filipino culture with the exhilarating world of online casinos. Bringing a unique Filipino touch to every project, she's a gem in the casino localization realm.

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