Solana (SOLUSD) Price Forecast: July 30
SOLUSD price is going up and remains stable at the moment. The open interest by the investors hints at a suitable opportunity for a prolonged rally as the bullish pressure mounts. The coin price traded in an uphill trend and may continue if buyers exert more force into the price action, the $204.12 previous barrier line might be retested to hit the $210.00 upper high mark, signaling a healthy rally and potentially attracting more investors.
Key Levels:
Resistance Levels: $184.00, $185.00, $186.00
Support Levels: $123.00, $122.00, $121.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The SOLUSD price is going up and remains stable in an uptrend on the daily chart. The prices are traded above the moving averages with huge volumes from the bulls, confirming its bullish trend.
During the last action, the coin reached a high point of $183.56 and has enabled the price to remain above the supply levels at its most recent high.
However, today’s daily bullish candle at $183.56 which further rises to the $186.67 supply mark above the moving average line, confirms that the Solana price is going up as the bulls remain dominant, signaling the potential for further increase.
Thus, if this bullish growth pattern is steady, an established uptrend above the current resistance level at $186.67 will be achieved.
Additionally, the daily signal pointing upwards suggests the SOLUSD price may continue going up. As a result, the crypto price might reach the $210.00 supply value soon in its long-term outlook.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
Despite the moves by the bears, the medium-term chart of SOLUSD suggests that the pair is going up and this may continue. The coin is trading above the EMA-50, confirming its bullishness.
The high bullish impact on the crypto at the $183.56 high level in the previous action has contributed to its price going up and remains bullish in its recent high.
The bulls made an increase to the $185.54 supply value above the EMA-50 shortly after the 4-hour chart opened today, indicating that the Solana price is going up and the buy investors are dealing in the coin investment.
Therefore, if the bulls could increase their tension in the market, the price tendency will move above the $185.00 key level.
Notably, the SOLUSD price is also pointing upwards, suggesting that the coin price will keep going up and may likely continue in an upward direction and head toward the $210.00 supply trend line soon in its medium-term time frame.
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