Solana (SOL): Potential Uptrend Towards $40
Crypto strategist Michaël van de Poppe, followed by 669,500 users on X, believes that Solana (SOL) is currently experiencing a robust uptrend that could propel the altcoin to nearly $40. He notes:
- SOL is exhibiting solid strength and a consistent upward trend.
- Van de Poppe anticipates a possible price range of $36-$39 for SOL.
- If a market correction occurs, he expresses interest in purchasing SOL within the $26-$28 range.
As of the latest update, SOL is trading at $31.70.
Chainlink (LINK): Breakout and Potential Rally to $13.00
Van de Poppe also shares positive sentiments about Chainlink (LINK), a decentralized oracle network, indicating that it has broken out of a multi-month consolidation phase. He states:
- LINK has demonstrated strength after the breakout.
- Van de Poppe predicts a potential rally towards $12.50-$13.00 for LINK.
- In case of a deeper correction, he suggests considering purchases at $9.60-$10.00 before the uptrend continues.
As of the latest update, LINK is trading at $10.89.
Arbitrum (ARB): Anticipated Bullish Continuation
Additionally, Van de Poppe has his eyes on Arbitrum (ARB), a layer-2 scaling solution. He expects more rallies for ARB but predicts a mild pullback. He states:
- Van de Poppe anticipates bullish continuation for ARB.
- He suggests considering entries around $0.85-$0.88 before ARB continues its climb to $1.11.
- A potential breakout above the $0.98 resistance level is likely.
As of the latest update, ARB is trading at $0.913.