Solana (SOLUSD) Price Forecast: November 2
The SOLUSD price is positive today and its buying time is now as the coin bulls have currently increased their presence and are also ready to push higher. If the coin prices sustain above the previous high of $38.60, the bulls’ trend would continue upward and might possibly hit the $39.00 upper high level.
Key Levels:
Resistance Levels: $34.00, $35.00, $36.00
Support Levels: $25.00, $24.00, $23.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The SOLUSD remains bullish and also suggests that bulls are ready to push higher on the higher time frame. This is clear as we can see the prices trading above the EMA-50. 
The bulls’ activity at the $32.50 supply level during the last session has made the coin price remain strong above the supply trend line in its recent high.
The bulls caused a rise to $34.95 which further increased to the $36.97 supply level above the resistance trend line as the daily chart opens today. This affirms the high impact of the buy investors in the market.
Further, buyers have struggled to sustain above the $35.34 supply level in the previous action. If the bulls continue to push higher and hold this momentum, the price of Solana may break the previous swing high at the $38.60 resistance value which will put the coin market more on a buy side.
Similarly, the market price of SOLUSD is pointing upwards on the daily stochastic; this implies that the price action is in an uptrend, and in this case, the coin is liable to jump further and the bulls could push higher to a $39.00 supply level soon in its long-term perspective as we watch the bulls pushing higher.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
On the medium-term chart, prices of SOLUSD are above the moving average and have confirmed that the bulls are ready to push higher breaking the previous high which also suggests its buying time. The pair is in a smooth uptrend as can be seen from the chart below.
This is a result of consistent buying pressure in the previous action which has sustained the crypto market to remain bullish in recent times.
The bulls made a strong bullish move to a $36.45 high level above the EMA-50 to gain more strength as the 4-hour chart opens today. This bullish breakout will offer the first signal for potential recovery and provide a higher footing to push the bull rally forward.
As a result, the post-breakout rally could drive the Solana price higher to the $38.60 supply level as the momentum indicator shows that the bulls are in the market to push higher.
We now expect the buy investors to push the crypto further up to a significant level around the $39.00 high level soon in its medium-term outlook.
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