SKL
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$SKL
As of December 9, 2024, SKALE (SKL) is trading at approximately $0.0713, reflecting a sharp decline of 8.87% from the previous close. The coin has shown significant volatility, with its intraday trading range spanning from $0.0712 to $0.0809. Despite its recent downturn, SKL has witnessed a remarkable 95.76% price increase over the past month, signaling renewed market interest. However, the token is still significantly below its all-time high of $1.22, recorded in March 2021.
SKALE is known for its focus on enabling developers to deploy and run decentralized applications with high throughput and low latency. The token's long-term prospects have sparked varied projections among analysts. CoinCodex predicts modest growth, estimating a price range of $0.0752 to $0.0797 by 2025. On the other hand, DigitalCoinPrice offers a more optimistic forecast, projecting that SKL could reach $0.29 by the end of 2026, indicating a potential gain of over 215%.
#SKL #SKL_Market_Update #CPI_BTC_Watch #Debate2024 #BURNGMT
As of December 9, 2024, SKALE (SKL) is trading at approximately $0.0713, reflecting a sharp decline of 8.87% from the previous close. The coin has shown significant volatility, with its intraday trading range spanning from $0.0712 to $0.0809. Despite its recent downturn, SKL has witnessed a remarkable 95.76% price increase over the past month, signaling renewed market interest. However, the token is still significantly below its all-time high of $1.22, recorded in March 2021.
SKALE is known for its focus on enabling developers to deploy and run decentralized applications with high throughput and low latency. The token's long-term prospects have sparked varied projections among analysts. CoinCodex predicts modest growth, estimating a price range of $0.0752 to $0.0797 by 2025. On the other hand, DigitalCoinPrice offers a more optimistic forecast, projecting that SKL could reach $0.29 by the end of 2026, indicating a potential gain of over 215%.
#SKL #SKL_Market_Update #CPI_BTC_Watch #Debate2024 #BURNGMT
MUSKLMS:
The market has given up on this project. It's useless. Fuck
$SKL Long Liquidation: $2.3882K at $0.0801
#SKL has fallen below critical support at $0.0820, triggering long liquidations and increasing bearish pressure. The next support level is around $0.075, and further weakness could lead to a drop towards $0.070.
Resistance now lies at $0.0820, and reclaiming this level could signal a potential reversal. With selling volume on the rise and RSI trending lower, more downside is possible. Keep an eye on the price action—if #SKL fails to recover above $0.0820, the downside risks increase.
#BTCBreaking100KAgain? #BinanceListsACXandORCA
#SKL has fallen below critical support at $0.0820, triggering long liquidations and increasing bearish pressure. The next support level is around $0.075, and further weakness could lead to a drop towards $0.070.
Resistance now lies at $0.0820, and reclaiming this level could signal a potential reversal. With selling volume on the rise and RSI trending lower, more downside is possible. Keep an eye on the price action—if #SKL fails to recover above $0.0820, the downside risks increase.
#BTCBreaking100KAgain? #BinanceListsACXandORCA
$SKL / USDT Analysis
🔹 Pattern: Ascending Channel Formation (Bullish)
The formation indicates a bullish trend as the price consolidates within the ascending channel.
🔹 Breakout Scenario:
If $SKL breaks the upper trendline, we could see a strong bullish move toward the target of $0.10.
🔹 Reversal Scenario:
However, if $SKL breaks the lower trendline or support, we could see a downward move and a potential fall. Keep an eye on this trendline for confirmation.
🔹 Key Levels: #SKL
Target: $0.10
Support: Watch the lower trendline for possible breakdown.
Action Plan:
Bullish Setup: Wait for the breakout above the trendline for potential long entries.
Bearish Setup: If the trendline breaks, consider re-evaluating your position and using a stop loss to manage risk.
Reminder: Always stay alert for market changes and adjust your strategy accordingly.
🔹 Pattern: Ascending Channel Formation (Bullish)
The formation indicates a bullish trend as the price consolidates within the ascending channel.
🔹 Breakout Scenario:
If $SKL breaks the upper trendline, we could see a strong bullish move toward the target of $0.10.
🔹 Reversal Scenario:
However, if $SKL breaks the lower trendline or support, we could see a downward move and a potential fall. Keep an eye on this trendline for confirmation.
🔹 Key Levels: #SKL
Target: $0.10
Support: Watch the lower trendline for possible breakdown.
Action Plan:
Bullish Setup: Wait for the breakout above the trendline for potential long entries.
Bearish Setup: If the trendline breaks, consider re-evaluating your position and using a stop loss to manage risk.
Reminder: Always stay alert for market changes and adjust your strategy accordingly.
$SKL /USDT (3-5x)
📈 Direction: LONG
🔹 Setup: Breakout Retest
📌 Entry: $0.065 - $0.0788
🔹 OTE: $0.073
🎯 Targets:
Short Term:
$0.0796
$0.0805
$0.082
$0.085
$0.090
Mid Term:
$0.095
$0.11
$0.15
$0.25
$0.35
$0.50
🛑 Stop Loss: $0.0576
💡 Trade Management Strategy: #SKL
Entry Strategy: Ladder orders across the entry range for a balanced average entry, with a focus on OTE ($0.073).
Profit Management: Take 30% of profits at the first two targets.
Stop Adjustment: Move stop to breakeven after hitting Target 2 or 3, securing gains as the trade progresses.
⚠️ Important: Keep in mind market conditions and adjust your position size according to your risk tolerance. Trade smart, stay disciplined, and manage your risk effectively.
📈 Direction: LONG
🔹 Setup: Breakout Retest
📌 Entry: $0.065 - $0.0788
🔹 OTE: $0.073
🎯 Targets:
Short Term:
$0.0796
$0.0805
$0.082
$0.085
$0.090
Mid Term:
$0.095
$0.11
$0.15
$0.25
$0.35
$0.50
🛑 Stop Loss: $0.0576
💡 Trade Management Strategy: #SKL
Entry Strategy: Ladder orders across the entry range for a balanced average entry, with a focus on OTE ($0.073).
Profit Management: Take 30% of profits at the first two targets.
Stop Adjustment: Move stop to breakeven after hitting Target 2 or 3, securing gains as the trade progresses.
⚠️ Important: Keep in mind market conditions and adjust your position size according to your risk tolerance. Trade smart, stay disciplined, and manage your risk effectively.
$SKL Unleash your potential with.
The future of innovation and growth is here and it's just getting started.
Get ready for the ride of a lifetime.
#SKL #Share1BNBDaily #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3 $SKL $BTC
The future of innovation and growth is here and it's just getting started.
Get ready for the ride of a lifetime.
#SKL #Share1BNBDaily #MicrosoftBTCInvestmentVote #ETHOnTheRise #XRPReclaimsTop3 $SKL $BTC
THE FUTURE OF SKALE NETWORK (SKL) & ITS PRICE PREDICTION AT THE END OF 2023
$SKL is an Ethereum Layer 2 scaling solution that enables developers to build and deploy high-performance, scalable dApps. It uses a unique architecture that combines elastic side- chains with security from the Ethereum main-chain.$SKL has a number of advantages over other Ethereum scaling solutions, including:It is highly scalable and can handle thousands of transactions per second.It is secure and inherits the security of the Ethereum mainchain.It is easy to use and developers can use existing Ethereum tools and frameworks to build on SKALE Network.$SKL is still under development, but it has already attracted a number of high-profile partners and projects, including Chainlink, Aave, and Gitcoin.Price prediction for SKL at the end of 2023It is difficult to predict the price of any cryptocurrency with certainty, but $SKL has the potential to reach $0.30-$0.36 by the end of 2023. This is based on a number of factors, including:The growing demand for Ethereum scaling solutions.The strong partnerships and projects that SKALE Network has attracted.The team behind SKALE Network is experienced and has a proven track record.Of course, there are also a number of factors that could hinder SKL's price growth, such as a bear market in the cryptocurrency market or increased competition from other Ethereum scaling solutions.Overall, SKALE Network is a promising project with a bright future. It has the potential to become a leading Ethereum scaling solution and its price could reflect this in the coming months and years.Disclaimer: This is not financial advice. Please do your own research before investing in any cryptocurrency. #SKL #ETH #Ethereum #cryptocurrency
$SKL / USDT
Price is Breaking Out here🔥
But still we need 4hr candle closing above trendline.
If done then , we can long
Target can be 0.160$✅
SL can be 4hr candle closing Below the Trendline📉
#SKLUSDT🔷 #SKL #HotTrends
Price is Breaking Out here🔥
But still we need 4hr candle closing above trendline.
If done then , we can long
Target can be 0.160$✅
SL can be 4hr candle closing Below the Trendline📉
#SKLUSDT🔷 #SKL #HotTrends
Which coin will hit $1 before Dec 24?$NOT $SKL $LEVER #altcoins #buythedip #EarnFreeCrypto2024 #NOT #SKL
NOT
47%
SKL
10%
LEVER
43%
134 votes • Voting closed
Chart request: $SKL 🎯
Neutral on the daily & LTF [H1 - H4] ⌛️
Downtrend broken out,
potential bullish consolidation📈
In my opinion: [LAST CHART setup]
1st: The price will consolidate and pump to retest the 0.0800$ or 0.08500$📈
After that regarding the weekly view, it could print a new low, toward 0.0550$ 📉
Main support to hold :
0.07200$
Lower key supports:
0.070 - 0.064 - 0.0560$
Main resistances: [zones]
0.07800$ 0.0800$ - 0.08500$ - 0.08750 - 0.09200$
#trading #crypto #GAINERS #SKL #BTC
Neutral on the daily & LTF [H1 - H4] ⌛️
Downtrend broken out,
potential bullish consolidation📈
In my opinion: [LAST CHART setup]
1st: The price will consolidate and pump to retest the 0.0800$ or 0.08500$📈
After that regarding the weekly view, it could print a new low, toward 0.0550$ 📉
Main support to hold :
0.07200$
Lower key supports:
0.070 - 0.064 - 0.0560$
Main resistances: [zones]
0.07800$ 0.0800$ - 0.08500$ - 0.08750 - 0.09200$
#trading #crypto #GAINERS #SKL #BTC
#SKL/USDT Market Update 🚨
#SKL is now trading around 0.06160$. #SKL has broken down a head and shoulders pattern on the daily time frame. So the Possible scenario is Head and Shoulders pattern is a bearish pattern so as per the pattern we can see a bearish momentum in it and the price can dump 30-40%. Otherwise If the price pumps and gives daily close above the neck line then the out will be considered as fake out. Stay tuned with us for further updates✅
#SKL is now trading around 0.06160$. #SKL has broken down a head and shoulders pattern on the daily time frame. So the Possible scenario is Head and Shoulders pattern is a bearish pattern so as per the pattern we can see a bearish momentum in it and the price can dump 30-40%. Otherwise If the price pumps and gives daily close above the neck line then the out will be considered as fake out. Stay tuned with us for further updates✅
SKL: Scaling the Walls of Ethereum's Fortress
In the crowded realm of Ethereum scaling solutions, SKL emerges as a champion, wielding the key to unlock faster transactions and lower fees. While established giants cast long shadows, SKL carves its own path, promising to break down the walls that stifle Ethereum's true potential.
Elastic Escape:
Ethereum, while revolutionary, suffers from scalability woes. SKL tackles this head-on by introducing "elastic sidechains." These act as express lanes, processing transactions off the main Ethereum network and then securely feeding them back in. Imagine scaling a crowded fortress not by building higher walls, but by creating hidden passages for swift movement.
Fueling the Ecosystem:
The SKL token, aptly named, serves as the fuel that keeps this innovative engine running. Users who contribute computing power to the network are rewarded with SKL, fostering a decentralized and incentivized ecosystem. Think of it as paying a toll with a special currency that grants you access to the express lane.
Beyond Ethereum's Horizon:
SKL's ambitions extend beyond just solving Ethereum's challenges. The network is designed to be interoperable, meaning it can seamlessly connect with other blockchains. This fosters a future where data and applications flow freely, unconstrained by the boundaries of individual blockchains. Imagine a world where blockchains collaborate, not compete, building a stronger and more diverse crypto landscape.
A Future Full of Potential:
While SKL may not be the flashiest name in the crypto sphere, its potential for unlocking scalability and fostering a more interconnected future is undeniable. As the walls of Ethereum's fortress begin to crumble, SKL stands poised to lead the charge into a new era of blockchain innovation.
#SKL #SKL/USDT #SKLUSDT #TrendingTopic #dyor $SKL @EliteDailySignals
P.S. While your support is valued, remember, engagement is key. Like, share, and follow for more insightful crypto content!
In the crowded realm of Ethereum scaling solutions, SKL emerges as a champion, wielding the key to unlock faster transactions and lower fees. While established giants cast long shadows, SKL carves its own path, promising to break down the walls that stifle Ethereum's true potential.
Elastic Escape:
Ethereum, while revolutionary, suffers from scalability woes. SKL tackles this head-on by introducing "elastic sidechains." These act as express lanes, processing transactions off the main Ethereum network and then securely feeding them back in. Imagine scaling a crowded fortress not by building higher walls, but by creating hidden passages for swift movement.
Fueling the Ecosystem:
The SKL token, aptly named, serves as the fuel that keeps this innovative engine running. Users who contribute computing power to the network are rewarded with SKL, fostering a decentralized and incentivized ecosystem. Think of it as paying a toll with a special currency that grants you access to the express lane.
Beyond Ethereum's Horizon:
SKL's ambitions extend beyond just solving Ethereum's challenges. The network is designed to be interoperable, meaning it can seamlessly connect with other blockchains. This fosters a future where data and applications flow freely, unconstrained by the boundaries of individual blockchains. Imagine a world where blockchains collaborate, not compete, building a stronger and more diverse crypto landscape.
A Future Full of Potential:
While SKL may not be the flashiest name in the crypto sphere, its potential for unlocking scalability and fostering a more interconnected future is undeniable. As the walls of Ethereum's fortress begin to crumble, SKL stands poised to lead the charge into a new era of blockchain innovation.
#SKL #SKL/USDT #SKLUSDT #TrendingTopic #dyor $SKL @EliteDailySignals
P.S. While your support is valued, remember, engagement is key. Like, share, and follow for more insightful crypto content!
#SKL #Binance #crypto2023 #trading #tradingstrategy
Finally Pumping If you want you can book Profit.
Enjoy Profit. Keep Learn and Keep Earn
Finally Pumping If you want you can book Profit.
Enjoy Profit. Keep Learn and Keep Earn
#SKL/USDT
(If you are new don't take my signal, and if you take it use 10x. Market changes anytime so don't blame me) Market is unstable be careful.
Signal Type: Regular (Long)
Leverage: Cross (20.0X)
Entry Targets:
1) 0.08327
2) 0.08272
Take-Profit Targets:
1) 0.08369
2) 0.08410
3) 0.08493
4) 0.08577
5) 0.08660
6) 0.08743
7) 0.08827
8) 0.08910
Stop Targets:
1) 0.07661
PS : Binance taking around 3-5 minutes to approve posts so it can be up & down. And invest on your own risk market change any second. Also YOU MUST CLOSE YOUR POSITION WHENEVER YOU FEEL TO CLOSE IT
#SKL
LIKE, SHARE AND TIP for SUPPORT 😊😊
(If you are new don't take my signal, and if you take it use 10x. Market changes anytime so don't blame me) Market is unstable be careful.
Signal Type: Regular (Long)
Leverage: Cross (20.0X)
Entry Targets:
1) 0.08327
2) 0.08272
Take-Profit Targets:
1) 0.08369
2) 0.08410
3) 0.08493
4) 0.08577
5) 0.08660
6) 0.08743
7) 0.08827
8) 0.08910
Stop Targets:
1) 0.07661
PS : Binance taking around 3-5 minutes to approve posts so it can be up & down. And invest on your own risk market change any second. Also YOU MUST CLOSE YOUR POSITION WHENEVER YOU FEEL TO CLOSE IT
#SKL
LIKE, SHARE AND TIP for SUPPORT 😊😊
SKL analysis:
The price has successfully surpassed the resistance level of $0.024 and is now moving towards a major resistance area which is expected to be between $0.02840-$0.02970. In the upcoming days, we may witness a test of this major resistance area. If you have any long position open, you can consider booking profits at this point.
#SKL
The price has successfully surpassed the resistance level of $0.024 and is now moving towards a major resistance area which is expected to be between $0.02840-$0.02970. In the upcoming days, we may witness a test of this major resistance area. If you have any long position open, you can consider booking profits at this point.
#SKL