{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/solana-solusd-price-pumping-again-time-to-buy-is-near\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/solana-solusd-price-pumping-again-time-to-buy-is-near\/","headline":"Solana (SOLUSD) Price Pumping Again, Time to buy is near","name":"Solana (SOLUSD) Price Pumping Again, Time to buy is near","description":"Solana (SOLUSD) Price Forecast: January 9Solana (SOLUSD) price is pumping up again and indeed a good time to buy for the coin traders. The coin has been highly volatile for the past few days projecting high dominance from buyers and making notable price movements towards the overhead resistance levels. If the coin price could sustain […]","datePublished":"2024-01-09","dateModified":"2024-01-09","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/SOLANA-IMG-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/SOLANA-IMG-1.png","height":225,"width":225},"url":"https:\/\/forexschoolonline.com\/solana-solusd-price-pumping-again-time-to-buy-is-near\/","about":["Cryptocurrency","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":433,"keywords":["Solana","SOLUSD","Technical Analysis"],"articleBody":"Solana (SOLUSD) Price Forecast: January 9Solana (SOLUSD) price is pumping up again and indeed a good time to buy for the coin traders. The coin has been highly volatile for the past few days projecting high dominance from buyers and making notable price movements towards the overhead resistance levels. If the coin price could sustain above the pattern supply trend line to revisit the previous high of $125.97 value, the potential recovery could assist buyers in reaching the $130.00 upper high level, adding more gains for the coin buyers.Key Levels:Resistance Levels: $95.00, $96.00, $97.00Support Levels: $85.00, $84.00, $83.00SOL (USD) Long-term Trend: Bullish (Daily Chart)SOLUSD is pumping again and the time to buy is near as it remains bullish on the higher time frames. This is clear as we can see the prices trading above the EMA-50.The coin has been making a series of high highs and high lows in the past few days and has sustained the crypto price to keep pumping and remain firm above the resistance trend levels in its recent high.Today\u2019s daily candle at the $96.88 high value above the moving averages confirms the bulls’ dominance in the market. However, there are bullish signals above the level of $93.84 which indicates a possible further increase in the market value.A potential breakout above $125.97 resistance could kick start a new recovery cycle to the upper resistance zone which will add more interest to the coin buyers.Further, daily stochastic signaled an uptrend, which means that Solana’s price is pumping again and will continue to trend upwards which may lead the coin price to a $130.00 upper resistance trend mark soon in its long-term outlook.SOL (USD) Medium-term Trend: Bearish (4H Chart)The price of SOLUSD is trading below the EMA in its medium-term outlook; it\u2019s in a bearish market zone. Further, the coin market has resumed pumping again and the time to buy is near.The bears\u2019 pressure on the crypto in the past few hours has dropped the price below the supply trend levels in its recent low.Earlier today, the long traders caused a rise in the price of Solana to a high at the $94.91 level above the moving averages. This current trend will enable the price to break out or rise to the upside.Meanwhile, the SOLUSD price is set to continue its pumping again as indicated by the daily stochastic which remains in an uptrend. Therefore, the buy investors are expected to move the price action up and may likely hit the $130.00 upper resistance level in the coming days in its medium-term time frame.Buy Solana on Longhorn"}