2024

Gems

Bitcoin

April

<p>The Skale Network price prediction reveals that SKL may continue to approach a crucial support level as the bears step into the market.</p>
<h2 id="skale-network-prediction-statistics-data">Skale Network Prediction Statistics Data:</h2>
<ul>
 <li>Skale Network price now – $0.096</li>
 <li>Skale Network market cap – $475.2 million</li>
 <li>Skale Network circulating supply – 5.3 billion</li>
 <li>Skale Network total supply – 5.4 billion</li>
 <li>Skale Network Coinmarketcap ranking – #135</li>
</ul>
<h2 id="skl-usd-market">SKL/USD Market</h2>
<p>Key Levels:</p>
<p>Resistance levels: $0.130, $0.140, $0.150</p>
<p>Support levels: $0.065, $0.055, $0.045</p>
<figure id="attachment_506658" aria-describedby="caption-attachment-506658" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-506658 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/04/SKLUSD_04042024.png" alt="Skale Network Price Prediction for Today, April 15 - SKL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/SKLUSD_04042024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLUSD_04042024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLUSD_04042024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLUSD_04042024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-506658" class="wp-caption-text">
  SKLUSD – Daily Chart
 </figcaption>
</figure>
<p>At the time of writing, SKL/USD is hovering at $0.096 following a 3.13% loss after touching the $0.094 support level. The <a href="https://coinmarketcap.com/currencies/skale-network/" rel="noopener noreferrer nofollow">Skale Network</a> price has not seen any major pullbacks yet and may use the trend line of the channel for support if it happens. However, the most important signal for Skale Network is the break of $0.105, which represented a major resistance level. Therefore, should the bulls stay above this level, they may confirm a new uptrend.</p>
<h2 id="skale-network-price-prediction-will-skl-break-0-100-or-reverse">Skale Network Price Prediction: Will SKL Break $0.100 or Reverse?</h2>
<p>As the Skale Network price keeps hovering below the 9-day and 21-day moving averages, the daily low at $0.094 may begin to give the buyers sleepless nights. However, a break below the support level of $0.090 could most likely give SKL/USD a fall below the lower boundary of the channel, which could touch the critical supports at $0.065, $0.055, and $0.045.</p>
<p>Nevertheless, the technical indicator may confirm the bearish movement if the 9-day moving average crosses below the 21-day moving average. However, until the market finds a stable level to reinforce the uptrend, SKL/USD could follow the downtrend. Otherwise, the resistance level might be at $0.105 while other resistance levels are at $0.130, $0.140, and $0.150 respectively.</p>
<h2 id="skl-btc-may-continue-to-range">SKL/BTC May Continue to Range</h2>
<p>Against the BTC, the <a href="https://insidebitcoins.com/news/skale-price-bull-run" rel="noopener noreferrer nofollow">Skale Network</a> price is ranging at the time of writing. However, if the price continues to face the south, sellers are likely to pose an additional threat to buyers which could slump below the lower boundary of the channel where the nearest target is located. Meanwhile, an eventual break below this barrier may cause the coin to collapse.</p>
<figure id="attachment_506657" aria-describedby="caption-attachment-506657" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-506657 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/04/SKLBTC_04042024.png" alt="Skale Network Price Prediction for Today, April 15 - SKL Technical Analysis" width="1374" height="744" srcset="https://insidebitcoins.com/wp-content/uploads/2024/04/SKLBTC_04042024.png 1374w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLBTC_04042024-300x162.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLBTC_04042024-1024x554.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/04/SKLBTC_04042024-768x416.png 768w" sizes="(max-width: 1374px) 100vw, 1374px">
 <figcaption id="caption-attachment-506657" class="wp-caption-text">
  SKLBTC – Daily Chart
 </figcaption>
</figure>
<p>On that note, a continuation of the downtrend could touch the critical support at 90 SAT and below as the 9-day MA moves to cross below the 21-day MA. Therefore, if the price rebounds above the 9-day moving average, the buyers may resume back and push the market to the potential resistance at 200 SAT and above.</p>
<p>@Pheonixisblue encouraged his followers to dub him “Crazy,” yet he remains optimistic, aiming for the coin to find support around $0.0963. Anticipating a strong rebound thereafter! There’s a possibility of a further dip to $0.089, but concerns arise only if levels drop below $0.0813.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SKL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SKL</a> <a href="https://twitter.com/hashtag/SKALE?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SKALE</a></p>
 <p>Call me Crazy. But I'm really hoping we touch support at $0.0963. We'll most likely be in for a nice rebound after that!</p>
 <p>We might dip lower at $0.089 even.</p>
 <p>I'm not concerned until levels lower then $0.0813 <a href="https://t.co/AoxddYDQwC" rel="noopener noreferrer nofollow">pic.twitter.com/AoxddYDQwC</a></p>
 <p>— pheonixisblue (@Pheonixisblue) <a href="https://twitter.com/Pheonixisblue/status/1779185737570894224?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 13, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="skale-network-alternatives">Skale Network Alternatives</h2>
<p>The Skale Network price lingers below the moving averages, yet a promising buy signal could emerge with the 9-day moving average surpassing the 21-day moving average. However, Skale Network’s substantial market capitalization of $475.2 million, placing it 135th in market rankings, might overshadow its significance. On the other hand, the <a href="https://insidebitcoins.com/visit/dogeverse" rel="noopener noreferrer nofollow">Dogeverse</a> token presents an alluring chance for amplified returns, having already amassed $4.89 million in its presale.</p>
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<h2 id="related-news">Related News</h2>
<ul>
 <li><a href="https://insidebitcoins.com/news/skale-price-bull-run" rel="noopener noreferrer nofollow">Skale Price Prediction: SKL Pumps 49% As Time Runs Out To Buy This Bitcoin Halving Play That Might 10X</a></li>
 <li><a href="https://insidebitcoins.com/news/top-3-presale-gems-with-potential-for-50x-100x-gains-doge20-dogeverse-and-sloth" rel="noopener noreferrer nofollow">Top 3 Presale Gems with Potential for 50x-100x Gains – $DOGE20, $DOGEVERSE, and $SLOTH</a></li>
</ul>

Skale Network Price Prediction for Today, April 15 – SKL Technical Analysis

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