Solana (SOLUSD) Price Forecast: October 19
The SOLUSD price remains in a bullish trend today as the pair is facing an increase in buying pressure and also maintains its bullish race. If the buy traders could prove stronger and the price shows sustainability above the $32.40 previous high value, its upside moves could extend further to reach a $32.50 high level and beyond, resulting in a buying opportunity for the coin investors.
Key Levels:
Resistance Levels: $24.00, $25.00, $26.00
Support Levels: $20.00, $19.00, $18.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The long-term market value of Solana remains in a bullish trend. The coin price sends a bullish signal while trading above the EMA-50 with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
The sustained bullish pressure at the $23.97 supply level during yesterday’s session has made it possible for the coin to remain firm in an uptrend in its recent high level.
The momentum continues in a bullish trend as the bulls made a corrective move to a high at the $24.38 mark above the EMA-50 as the daily chart opens today. This however indicates an uptrend in the momentum of the price of the SOLUSD.
This shows the high impact of the buy investors on the coin market; likewise, the downside risk remained uncertain.
Hence, fresh entries by the buy investors toward the higher side are likely as indicated by the momentum indicator pointing in an upward direction. The bulls could therefore aim at the psychological level of $32.50 resistance value as soon as the Solana price remains bullish in its long-term perspective.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
On the 4-hourly chart, the price of Solana sends a clear bullish signal as the price remains in a bullish trend above the moving averages and has confirmed a bullish momentum breaking the previous high. 
The coin price can now be seen progressing upward above the resistance trend lines matching towards the upper resistance levels. This shows that buyers are currently gaining more strength in the market.
Despite the moves from the short traders, the bulls managed to push the price of SOLUSD up to the $22.24 supply level during the previous session and sustained its upward momentum in its recent high.
Today, the bulls made an upward move to the $24.08 high value above the supply trend levels as the 4-hour chart opens. The SOLUSD pair looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction. Hence, if the buy traders manage to break above the $24.80 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $32.50 high mark soon in its medium-term time frame. This signals a BUY trade again in its medium-term perspective.
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