Solana (SOLUSD) Price Forecast: December 16
Solana‘s price is positive today. The crypto suggests a good buy at the $74.49 price level above the supply trend levels. If the bulls could sustain the coin price above the pattern supply trend line at the $77.77 high mark, the price may trigger up to the overhead resistance mark at $80.00, indicating a clear buy signal.
Key Levels:
Resistance Levels: $72.00, $73.00, $74.00
Support Levels: $68.00, $65.00, $64.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
The SOLUSD pair suggests a good buy at the current price level above the EMA-50 in the higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. 
However, the bulls’ pressure to the $72.64 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.
Today’s daily bullish candle which further rises to a $74.49 supply mark above the moving averages confirms the bulls’ dominance and also suggests a good buy to the coin traders in the market.
However, there are bullish signals above the level of $73.66, indicating that the market value may rise further.
Furthermore, the Solana price suggests a good buy soon also by pointing upward on the daily signal. This means that the pair will continue to rise to the upside and may soon reach the $80.00 upper resistance trend mark in its long-term outlook.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
SOLUSD is currently trading in a bullish trend market and also suggests a good buy at the current price level in its medium-term outlook. 
The price is currently trading above the moving average. This breakout sets off a smooth bull cycle pattern, which should lead to prices reaching an overhead trend line.
Earlier today, the bullish trend caused the price of Solana to rise to the $74.49 high level above the moving averages as the 4-hour chart opens. This current trend suggests a good buy and will allow the price to remain in the positive territory and break out to the upsides.
Hence, the price of SOLUSD pointing upwards on the daily stochastic suggests a good buy in the coming days. It is therefore expected that the buy investors will move the price action up and may likely hit the $80.00 upper resistance level soon in its medium-term time frame.
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