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October 31, 2023

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

Ethan Williams
Written byEthan WilliamsWriter
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 Williams
Ethan Williams
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Ethan Williams, a lively 24-year-old lad from the UK, brilliantly fuses his passion for online casinos with top-notch English localisation, creating bespoke casino guides for Britain's keen gaming lot.

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