Secure

when

Million

Resistance

Daily

<p>The Skale Network price prediction could set a bullish run if the buyers can push the coin above the resistance level of $0.084.</p>
<h2 id="skale-network-thriving-with-strong-activity">Skale Network Thriving with Strong Activity</h2>
<p>Skale Network stands out as a rapidly advancing force in the blockchain sector. Serving as a zero-gas Ethereum Virtual Machine (EVM), it empowers developers to expedite their applications while simultaneously offering users cost savings on gas fees.</p>
<h2 id="skale-network-prediction-statistics-data">Skale Network Prediction Statistics Data:</h2>
<ul>
 <li>Skale Network price now – $0.080</li>
 <li>Skale Network market cap – $401 million</li>
 <li>Skale Network circulating supply – 5.1 billion</li>
 <li>Skale Network total supply – 5.4 billion</li>
 <li>Skale Network Coinmarketcap ranking – #130</li>
</ul>
<h2 id="skl-usd-market">SKL/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $0.105, $0.110, $0.115</p>
<p>Support levels: $0.055, $0.050, $0.045</p>
<figure id="attachment_479609" aria-describedby="caption-attachment-479609" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-479609 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/SKLUSD_03022024.png" alt="Skale Network Price Prediction for Today, February 10 – SKL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/SKLUSD_03022024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLUSD_03022024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLUSD_03022024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLUSD_03022024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-479609" class="wp-caption-text">
  SKLUSD – Daily Chart
 </figcaption>
</figure>
<p>SKL/USD is running a little retracement move above $0.080 with price growth of 10%. For the fact that the coin is recording some gain, the <a href="https://coinmarketcap.com/currencies/skale-network/" rel="noopener noreferrer nofollow">Skale Network</a> price may follow a sideways movement if the buyers fail to push the market price to the upside. Meanwhile, traders can expect the price to continue to rise as soon as the bulls put more pressure on the market.</p>
<h2 id="skale-network-price-prediction-skale-network-skl-may-move-upside">Skale Network Price Prediction: Skale Network (SKL) May Move Upside</h2>
<p>The Skale Network price is hovering above the 9-day and 21-day moving averages around $0.080. If the price creates an additional bullish movement, traders can then expect a bullish continuation toward the upper boundary of the channel. Meanwhile, as the 9-day MA moves to cross above the 21-day MA, the possible resistance levels could be found at $0.105, $0.110, and $0.115 in the long term.</p>
<p>However, if the coin follows the bullish movement for the next couple of days, traders may witness more of it to reach higher levels. Meanwhile, the Skale Network price is trying to create a bullish movement in the short term. On the contrary, any bearish movement toward the south could roll the coin back to the long-term support at $0.055, $0.050, and $0.045 levels.</p>
<h2 id="skl-btc-may-face-the-upside">SKL/BTC May Face the Upside</h2>
<p>Against Bitcoin, <a href="https://insidebitcoins.com/news/skale-network-price-prediction-for-today-february-19-will-the-skale-network-price-reach-0-070" rel="noopener noreferrer nofollow">Skale Network</a> may continue to follow the sideways movement before heading to the upside. However, there is a need for an increasing volume and resistance to cause an upsurge in the market.&nbsp;At the moment, Skale Network (SKL) is trading around the 169 SAT but any bearish movement can hit the support at 110 SAT and below.</p>
<figure id="attachment_479591" aria-describedby="caption-attachment-479591" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-479591 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/SKLBTC_03022024.png" alt="Skale Network Price Prediction for Today, February 10 – SKL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/SKLBTC_03022024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLBTC_03022024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLBTC_03022024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/SKLBTC_03022024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-479591" class="wp-caption-text">
  SKLBTC – Daily Chart
 </figcaption>
</figure>
<p>Nevertheless, if a bullish move pushes the price above the moving averages; traders can then confirm a bull run for the coin. Moreover, the closest resistance could be located at 230 SAT and above as the 9-day moving average could make a bullish cross above the 21-day moving average, suggesting bullish movement.</p>
<p>@JavonTM1’s analysis indicates that $SKL (#SKALENetwork) is demonstrating significant strength, suggesting a potential continuation of its impressive upward momentum. With this extreme run, prices could potentially surge nearly 10X, marking an approximate 890% increase to reach around $0.83.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SKL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SKL</a> (<a href="https://twitter.com/hashtag/SKALENetwork?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SKALENetwork</a>) back showing signs of MAJOR STRENGTH here and the continuing of this EXTREME RUN can be taking place!</p>
 <p>Prices can be set for a NEAR 10X in an OVER 890% move from here to ≈$0.83… <a href="https://t.co/KH42xZP7Sx" rel="noopener noreferrer nofollow">https://t.co/KH42xZP7Sx</a> <a href="https://t.co/5dGYHj1Wte" rel="noopener noreferrer nofollow">pic.twitter.com/5dGYHj1Wte</a></p>
 <p>— JAVON⚡️MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1755947457584750636?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 9, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="alternatives-to-skale-network">Alternatives to Skale Network</h2>
<p>The Skale Network price shows potential for further gains, but a favorable buy signal may occur when the 9-day moving average crosses above the 21-day moving average. Despite Skale Network’s substantial market capitalization of $401 million and holding the 130th position in market rankings, its significance may be overshadowed by its market cap. Conversely, the <a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a> token offers an enticing opportunity for enhanced returns, having already raised $10.6 million in its presale.</p>
<p>Bitcoin Minetrix ICO Raises $10M – A Crypto with 10X Potential?</p>
<p><iframe title="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/Q3LtZHfZN_w?start=1&amp;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>Bitcoin Minetrix (BTCMTX) is charging ahead on a bullish trajectory, having amassed over $10.6 million in its ongoing presale. As innovative projects like Bitcoin Minetrix (BTCMTX) continue to gain momentum, edging closer to the $11 million mark in its ICO, the outlook for the crypto market in 2024 shines brightly with optimism.</p>
<p>You can benefit from&nbsp;<a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a>&nbsp;today.</p>
<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-skale-network" rel="noopener noreferrer nofollow">Where to Buy SKALE Network – Beginner’s Guide</a></li>
 <li><a href="https://insidebitcoins.com/news/bitcoin-price-prediction-btc-soars-4-as-bernstein-and-investanswers-predict-massive-bitcoin-rally-and-booming-ico-bitcoin-minetrix-rockets-past-10-5-million" rel="noopener noreferrer nofollow">Bitcoin Price Prediction: BTC Soars 4% As Bernstein And InvestAnswers Predict Massive Bitcoin Rally And Booming ICO Bitcoin Minetrix Rockets Past $10.5 Million</a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 50% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Skale Network Price Prediction for Today, February 10 – SKL Technical Analysis

Table of Contents

Inside Bitcoins

Other articles published on Feb 10, 2024

Why Is Dogwifhat’s WIF Price Going Up?

Bitcoin ETFs see high volume, Binance delists Monero, and ARK plans staking Ether: Hodler’s Diges...

Cardano-Backed SingularityNET Sets Up Shop In Switzerland’s Zug For AI Advancements

Mike Novogratz Reacts to Hilary Clinton’s Bitcoin (BTC) Statement

Analysts predict Chainlink to reach $70, meme coin in presale to hit $1

Key Factors Driving Bitcoin’s Rally Before the Halving Event

Join our free newsletter for daily crypto updates!