- Solana (SOL): Recent price fluctuations show potential for a 50% increase if key resistance breaks.
- Jupiter (JUP): Mixed performance indicates risks, but a breakthrough could yield a 20% gain.
- Arbitrum (ARB): Analysts foresee recovery; breaking resistance may lead to a 12.5% rise.
The crypto market is preparing for a significant shift, fueling excitement among investors. Some altcoins are drawing attention, with expectations of major gains.
According to experts, these tokens could see explosive growth when the market recovers. Let’s dive into why SOL, JUP, and ARB have gained the confidence of analysts.
Solana (SOL): Surge Ahead or Hold Back?
Source: Trading View
Solana (SOL) currently trades between $133.20 and $159.81. Over the past week, the price dropped by 1.49% as of writing. However, last month saw an impressive 9.90% rise.
If the price breaks through $173.11, further growth could push Solana up to $199.72—a potential 50% increase. But caution remains as other indicators show a possible drop. While support levels could fall as low as $93.28, analysts remain optimistic.
Jupiter (JUP): Signals of Growth or Decline?
Source: Trading View
Jupiter (JUP) is priced between $0.70 and $0.90, showing mixed performance. The coin gained 4.27% over the past month but fell 8.69% in the last week. Resistance sits at $1.02.
Breaking this level could push Jupiter up to $1.22, offering a 20% gain. However, a drop below support at $0.61 may lead to a decline toward $0.40. But for now, analysts suggest that Jupiter holds more potential than risk.
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Arbitrum (ARB): Shows Signs of Recovery
Source: Trading View
Arbitrum (ARB) currently trades between $0.50 and $0.64. A 6.03% rise came in over the past month, but the coin is down 61.98% over six months. Resistance sits at $0.72. Breaking that level could lead to a 12.5% rise.
If the price breaks below the $0.44 support, a further price dip might be triggered. Although Arbitrum’s trajectory will largely depend on its performance in the coming weeks, analysts predict a bright future for this token.
While these three altcoins—SOL, JUP, and ARB—are showing promise and risk, analysts predict a bright future for them when the market revives. That said, traders and investors should keep a close watch on market movements in the weeks ahead to make informed decisions.
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