Posted 12/27/2023, 9:00:00 PM
Ethereum Price Eyes $2,500 as Momentum Builds, While Solana Faces Possible Correction
- Ethereum price looks poised to continue upward trend, with technical indicators favoring more gains
- ETH could rise 7% to hit $2,500 amid rising momentum and pending buy signal
- Meanwhile, Solana price likely to face correction after prolonged period of being overbought
- If $2,380 resistance holds, Ethereum price could lose support at $2,147, invalidating bullish outlook
- SOL founder previously said he envisions future where Ethereum and Solana coexist in Layer 1 space