Through technical analysis of SKING coin on a daily basis using simulated data:
### Key points from the analysis:
1. **Prices**: Prices are showing a continuous upward trend over the past 30 days.
2. **Moving Averages**:
- The 7-day moving average (MA7) and 14-day moving average (MA14) are showing an upward trend, indicating positive momentum.
3. **Relative Strength Index (RSI)**:
- The Relative Strength Index (RSI) exceeds 70, which indicates that the currency may be in the overbought zone, and there may be an upcoming correction.
### Recommendations:
- **Short-term investors**: There could be an upcoming correction due to overbought, so it may be wise to monitor the price action closely before making additional buying decisions.
- **Long-term investors**: The overall trend is bullish, so it may be worth keeping current investments and monitoring any corrections to take advantage of them as buying opportunities.