Jupiter

Solana

<p><em><strong>An analyst recently forecasted that Ethereum’s price might reach $10,000 at its peak during its cycle. However, the prediction for Solana was more modest, aiming for just $200.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p>Considering these forecasts, it’s crucial to keep an eye on two other possible competitors to Solana that could experience notable growth.</p><h2 id="header-1">Bullish Short-Term Outlook for Jupiter and Optimism</h2><h3 id="jupiter-s-potential-surge-and-risks">Jupiter’s Potential Surge and Risks</h3><p>Jupiter is nearing a resistance level at $0.68, with its current price at $0.78. Recent investment in a Solana-based token launch suggests the possibility of a substantial price increase. Indicators like MACD and 10-day SMA signal a buying opportunity, indicating a <a href="https://cryptosheadlines.com/google-bard-predicts-tether-and-tradecurve-as-dominant-forces-in-the-crypto-marketpredicts-tether-and-tradecurve-as-dominant-forces-in-the-crypto-market/" rel="noopener noreferrer nofollow">bullish short-term outlook</a>.</p><p>However, investors should be cautious as a decrease in momentum could lead to a pullback towards support levels at $0.42 or even $0.3. The neutral RSI indicator suggests a sideways trend if positive market stimuli fail to materialize.</p><h3 id="optimism-s-strong-performance-and-considerations">Optimism’s Strong Performance and Considerations</h3><p>Optimism has shown impressive performance, surpassing the <a href="https://cryptosheadlines.com/dogecoin-price-prediction-support-and-resistance-levels/" rel="noopener noreferrer nofollow">resistance level at $4.32 with a current price</a> of $4.59. The 10-day SMA suggests a buy, with the price stabilizing above $4.32, hinting at a continued uptrend. If the bullish trend persists, the next target could be the second resistance level at $4.95.</p><p>However, market volatility must be considered, with nearest support levels at $2.95 and $2.22. A reversal could lead to significant downside risk. Despite this, the long-term perspective remains positive, supported by the 100-day SMA <a href="https://cryptosheadlines.com/glassnode-data-indicates-strength-in-bitcoin-price-amid-key-events/" rel="noopener noreferrer nofollow">indicating sustained strength in price</a>.</p><h2 id="header-2">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Binance-labs.png?fit&#61;850%2C480&amp;ssl&#61;1" /></p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Solana Falls Short of $200 Target: Keep an Eye on 2 Competitors

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