Solana (SOLUSD) Price Forecast: October 21
The SOLUSD price by virtue of high buying pressure holds a price breakout and bullish continuation. The coin is currently trading in a strong bullish market and may likely increase further, if the bulls could add more strength to their potential buying and the market price sustains above the $29.11 high mark, the potential rally could surge above the $32.40 higher level to hit the $32.50 upper resistance value and beyond.
Key Levels:
Resistance Levels: $25.00, $26.00, $27.00
Support Levels: $20.00, $19.00, $18.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
Solana is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. The crypto suggests a price breakout and bullish continuation as it faces the upper resistance value and signifies a buy signal. 
In the previous actions the coin has been having high interference from buyers which really made it easier for the cryptocurrency to maintain stable upside moves in recent times.
The coin price breakout at the $24.01 resistance value above the two EMAs as the daily chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Based on the outlook, should the bulls go higher and close above the $32.40 high mark, a bullish breakout confirmation will reflect the improved market sentiment.
Similar to that, the underlying sentiment suggests a price breakout and bullish continuation in the coming days as indicated by the daily stochastic pointing upwards.
It is expected that buyers to push the price of SOLUSD further up to a significant level in the upsides and in this case, the target might be the $32.50 upper resistance level soon in the higher time frame.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
In the medium-term time frame, prices of SOLUSD are above the moving averages and have confirmed a price breakout and bullish continuation breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
The sustained bullish pressure pushed the currency pair up to the $23.78 supply level during the past session and sustained it. This has made it possible for the coin to remain firm in an uptrend in its recent high.
The coin price rises significantly above the resistance trend lines at the $24.01 level as the 4-hour chart begins today. This is due to a high bullish impact on the market price.
Hence, SOLUSD is showing more upside possibility as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more price breakouts and bullish continuation from the coin as the bulls continue to dictate the market conditions.
The pair may likely reach the $32.50 resistance level soon in its medium-term perspective.
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