A Look at the Potential of Ethereum and Solana in 2024

Ethereum (ETH) and Solana (SOL), the two blockchains with the largest smart contracts by market cap have shown significant price increases since the beginning of 2023. In 2024 with the Bitcoin halving event, this creates an opportunity for these two altcoins to continue the bullish trend .
Several new crypto projects are also likely to experience impressive price performance. Pullix (PLX) with its innovation in trading various assets, has attracted investors' interest with its unique token function.

Ethereum Predicted to Break Above US$3,000

Ethereum started with a price of US$1,190 at the beginning of 2023. As of this article (22/12/23), the price of ETH has increased by +94.5% to US$2,315 year to date (YTD). Ethereum appears to have managed to overcome the concerns of its holders by successfully maintaining the US$2,000 level since early December 2023.
According to popular crypto analyst on platform
Image: ETH price chart. Source: @CryptoMichNL
The Coinvestasi article also discussed predictions for ETH in 2024 with a target price of US$3,500.

Solana Potentially Heads to US$140

Solana shows greater price performance, when compared to Ethereum. Since the beginning of 2023, SOL has risen approximately 10 times from US$9.9 to US$92.5 as of this writing (22/12/23).
Image: SOL price chart
SOL price movements have maintained a bullish trend since October 2023. To continue the trend in 2024, the US$100 level must be passed. Next there is resistance at US$110 and finally at US$140, based on Fibonacci.
It is also necessary to pay attention to the support level at US$75 or deeper at US$60, in case a pullback or price correction occurs.