Solana (SOLUSD) Price Forecast: December 23
SOLUSD price is positive and goes bullish again today. The coin is facing the upsides and is currently in favor of the bulls. A break above the $89.81 current supply value could invalidate the future bearish race and the price could increase to the $90.00 upper resistance level and beyond.
Key Levels:
Resistance Levels: $75.00, $76.00, $77.00
Support Levels: $65.00, $64.00, $63.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
Solana goes bullish and remains in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. The moving average is moving upward, indicating that the bulls are regaining market strength.
The sustained pressure from the bulls at the $84.14 supply level in the past 24 hours has contributed to its bullishness in its recent low.
The impulse move by buyers to a $89.81 high level above the EMA-50 earlier today, indicates that the traders are actively buying at this level, this makes it possible for the Solana price to remain positive and goes bullish again which is good for a BUY position.
Thus, a sharp breakout and closure above the current correction phase at a $89.81 high value will invalidate any bearish thesis.
Furthermore, the price of SOLUSD might continue its upward move as shown by the price indicator which is in an upward direction. If the coin price can break above the current supply level, then we can expect a price to reach the $90.00 upper resistance level or even break above that level soon as the price goes bullish again in its long-term outlook.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
Solana’s price is losing bearish momentum and will go bullish again in its medium-term outlook as it rises above the $87.49 resistance level. The currency pair’s orientation trades in a general bullish flow. 
The coin trading above the moving averages at the $89.76 resistance level is an indication of a more bullish impact in the market.
Solana market is trading in a “Rising Channel”, making higher highs and higher lows, showing signs of bullishness as it goes bullish again. This will enable buyers to influence the price tendency.
Hence, a potential breakout from the current resistance value of $89.76 will give additional confirmation for bullish recovery, if the bulls could increase their efforts in the market.
Meanwhile, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price of SOLUSD might reach the $90.00 upper resistance value soon as the crypto goes bullish again in its medium-term perspective.
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