Solana (SOLUSD) Price Forecast: December 26
Solana‘s price is positive today. The crypto price sends a clear buy signal at the current supply level of $118.00. Amid the buying pressure, if the crypto’s price sustains above the current supply level, the potential rally could surge higher to hit the $120.00 upper resistance level and beyond indicating a clear buy signal.
Key Levels:
Resistance Levels: $116.00, $117.00, $118.00
Support Levels: $78.00, $77.00, $76.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The SOLUSD pair sends a clear buy signal by trading strongly above the resistance trend levels in its higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. 
The coin has been having a series of higher highs and higher lows from the past session which has made it possible for the bulls to retain the strength in its recent high.
Today’s daily bullish candle at $107.96 which further rises to the $118.00 supply mark above the moving averages confirms the bulls’ dominance and also sends a clear buy signal to coin traders in the market. Thus if this bullish growth pattern is steady, an established uptrend will be achieved.
Additionally, Solana’s price could continue to send a clear buy signal as a result of an upward momentum shown by the price indicator. Hence, the bullish race might hit the $120.00 resistance level soon in its long-term outlook.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
SOLUSD looks good and also sends a clear buy signal in its medium-term outlook. The coin is now trading strongly above the EMA-50. However, the market is presently facing the upper resistance at the recent high.
The strong push by the bulls to the $110.00 supply trend level during the past session has contributed to its strong bullish trend in its recent high.
The price of Solana which now trades at the $116.49 supply mark above the supply level sends a clear buy signal and also suggests that the bulls are actively buying the coin at the moment. This will eventually make the coin gain more strength and push higher.
More upsides are certain as the price indicator shows that the price of SOLUSD may remain in an uptrend by pointing up. It is expected that the coin price may hit the $120.00 upper high value soon as it sends a clear buy signal and remains bullish in its medium-term outlook.
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