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ARB on the Verge of Breakout, LINK Forms Textbook Falling Wedge, ETH Poised for $5,000 Surge

Author: Content Editor
This news content discusses three major altcoins in the cryptocurrency market that are expected to experience significant growth in the short term. The first altcoin mentioned is Arbitrum ($ARB), a Layer 2 scaling solution for Ethereum. Analysts predict that ARB could reach $1.5 in the short term, with some even suggesting a potential 171% growth to $2.11 per coin. Another altcoin mentioned is Chainlink ($LINK), which is currently forming a bullish falling wedge pattern. If LINK breaks the resistance at the $20-$23 zone, analysts believe it could reach the $40 range, a 70% increase. Lastly, Ethereum ($ETH) is discussed, with traders and analysts anticipating a breakout to $5,000, as it has been testing the $4,000 resistance multiple times. Overall, the market expects Bitcoin to continue its upward trajectory and potentially pull the entire industry with it.

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