{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/solana-solusd-time-to-grow-again\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/solana-solusd-time-to-grow-again\/","headline":"Solana (SOLUSD) Time to Grow Again!","name":"Solana (SOLUSD) Time to Grow Again!","description":"Solana (SOLUSD) Price Forecast: November 6It is actually time for the SOLUSD pair to grow again. The coin market has been in a bullish rally in the previous action and from the look of it, it will keep growing. The bull race may likely continue all the way into the key psychological level of $48.00 […]","datePublished":"2023-11-06","dateModified":"2023-11-06","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\/11\/SOLANA-IMG-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/11\/SOLANA-IMG-2.png","height":225,"width":225},"url":"https:\/\/forexschoolonline.com\/solana-solusd-time-to-grow-again\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":418,"keywords":["Solana","SOLUSD","Technical Analysis"],"articleBody":"Solana (SOLUSD) Price Forecast: November 6It is actually time for the SOLUSD pair to grow again. The coin market has been in a bullish rally in the previous action and from the look of it, it will keep growing. The bull race may likely continue all the way into the key psychological level of $48.00 supply value and beyond before we see any signs of buyers slowing down if the buy traders should put more aggression into the market.Key Levels:Resistance Levels: $40.00, $41.00, $42.00Support Levels: $35.00, $34.00, $33.00SOL (USD) Long-term Trend: Bullish (Daily Chart)The SOLUSD price is losing bearish momentum as it is time to grow again above the resistance level in the long-term perspective. The bulls\u2019 pressure to the $46.97 supply level on the 1st of November has made it possible for the coin to remain in an uptrend in its recent price level.After completing the low dips at the $38.02 low value during yesterday\u2019s session, its resistance was finally broken at $42.73 and later rose to a $42.73 high level above the EMA as the daily chart opened today. Solana is trading above moving averages on the daily chart, if bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will further grow again to the upside. Adding to this, there is a possibility for the SOLUSD pair to grow further as indicated by the daily signal pointing upwards. In light of this, the coin price might possibly grow higher again to reach the $48.00 supply value in the coming days in its long-term outlook.SOL (USD) Medium-term Trend: Bullish (4H Chart)Despite the interference from the sell traders on the medium-term outlook, the SOLUSD pair is in an upward move. Hence, it is time for the crypto to grow again.The coin price was able to reach the $39.48 high value in the previous action which really made the coin remain in an upward trend in recent times.At the time of writing, today\u2019s 4-hour bullish candle at the $42.23 value above the moving average confirms the bulls’ dominance in the market. This breakup may possibly accelerate the bullish momentum and extend the ongoing correction to grow higher.That being said, it\u2019s time for Solana to grow again as indicated by the price indicator pointing upwards, this means that a further rise in the market value of SOLUSD is certain and in this case, the bullish correction pattern might extend the coin price to the $48.00 upper resistance value soon in the medium-term outlook.Buy Solana on eToro "}