{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/solana-solusd-price-suggests-a-good-buy-at-74-49-price-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/solana-solusd-price-suggests-a-good-buy-at-74-49-price-level\/","headline":"Solana (SOLUSD) Price Suggests a good buy at $74.49 Price Level","name":"Solana (SOLUSD) Price Suggests a good buy at $74.49 Price Level","description":"Solana (SOLUSD) Price Forecast: December 16Solana‘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 […]","datePublished":"2023-12-16","dateModified":"2023-12-16","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\/2023\/12\/SOLANA-IMG-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/12\/SOLANA-IMG-2.png","height":225,"width":225},"url":"https:\/\/forexschoolonline.com\/solana-solusd-price-suggests-a-good-buy-at-74-49-price-level\/","about":["Cryptocurrency","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":387,"keywords":["Solana","SOLUSD","Technical Analysis"],"articleBody":"Solana (SOLUSD) Price Forecast: December 16Solana‘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, $74.00Support Levels: $68.00, $65.00, $64.00SOL (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\u2019 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\u2019s 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.Buy Solana on eToro "}