Solana (SOLUSD) Price Forecast: April 13
Despite the market’s uncertainty, it is still possible for the Solana (SOLUSD) price to hit the $40.00 supply level. If buyers increase their momentum and the bullish correction pattern rises above the previous high of $38.79, then there is a high probability of the price going up to hit the $40.00 upper resistance value and beyond.
Key Levels:
Resistance Levels: $22.00, $23.00, $24.00
Support Levels: $18.00, $17.00, $16.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The Long-term market value of SOLUSD is moving in a bullish direction. The price bar can be sighted above the supply trend levels.
During yesterday’s session, the pair reached and held the $23.74 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.
The coin price finds resistance at the $24.00 value above the two EMAs as the daily chart opens today. This suggests an uptrend in the context of the strength of the market and also shows that buyers are still in dominant the price actions at the present.
The ongoing bullish recovery will remain intact until the coin price is sustained above the pattern’s supply trend line.
It is anticipated that the Solana will once again reach its former high of $38.79. Because of this, buyers must increase the intensity of their market activity in order to reach a considerable level in the above supply zone.
Furthermore, a subsequent breakout attempt is probably imminent given that the price of SOLUSD is currently pointing upward on the daily stochastic. If the bulls could push higher, the next price recovery may hit the $40.00 upper resistance value in the coming days in its long-term outlook.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference by the bears, the SOLUSD market remains in a bullish race in the medium-term outlook. 
The buy traders also made an upward move to the $23.74 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend at its recent high.
After completing the low dips, the bulls made a corrective move to the $20.97 resistance level above the moving average lines to resume the uptrend as the 4-hourly chart opens today. This bullish continuation pattern occurs in an uptrend and indicates a potential trend reversal.
Next, we can expect the emergence of more buy investors as the selling pressure is exhausted already, as indicated by the daily stochastic. Thus, the next bull race may possibly hit the $40.00 upper supply mark as we watch the bulls take over the market conditions sooner in its medium-term perspective.
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