Explore short and medium-term SKALE price prediction analysis and check long-term SKALE forecasts for 2025, 2030, and beyond
5-Day Prediction
$ 0.043204
1-Month Prediction
$ 0.108374
3-Month Prediction
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6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price | $ 0.033294 |
---|---|
Price Prediction | $ 0.108374 (225.86%) |
Fear & Greed Index | 50 (Neutral) |
Sentiment | Bearish |
Volatility | 7.21% |
Green Days | 15/30 (50%) |
50-Day SMA | $ 0.03676 |
200-Day SMA | $ 0.066618 |
14-Day RSI | 52.24 |
According to our current SKALE price prediction, the price of SKALE is predicted to rise by 225.86% and reach $ 0.108374 by October 14, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral). SKALE recorded 15/30 (50%) green days with 7.21% price volatility over the last 30 days. Based on the SKALE forecast, it's now a bad time to buy SKALE.
Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsem*nt, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Long-term SKALE price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Based on the historical price movements of SKALE and the BTC halving cycles, the yearly low SKALE price prediction for 2025 is estimated at $ 0.033258. Meanwhile, the price of SKALE is predicted to reach as high as $ 0.155961 next year. Using the same basis, here is the SKALE price prediction for each year up until 2030.
Year | Yearly Low | Yearly High |
---|---|---|
2025 | $ 0.033258 | $ 0.155961 |
2026 | $ 0.027794 | $ 0.087758 |
2027 | $ 0.03044 | $ 0.062021 |
2028 | $ 0.044793 | $ 0.105252 |
2029 | $ 0.083628 | $ 0.208212 |
2030 | $ 0.082538 | $ 0.133829 |
SKALE price prediction 2025
The SKALE price prediction for 2025 is currently between $ 0.033258 on the lower end and $ 0.155961 on the high end. Compared to today’s price, SKALE could gain
SKALE price prediction 2030
The SKALE price prediction for 2030 is currently between $ 0.082538 on the lower end and $ 0.133829 on the high end. Compared to today’s price, SKALE could gain
SKALE Price Forecast Based on Technical Analysis
Sentiment
Bearish
Bullish 48%
Bearish 52%
Based on data from September 14, 2024 at 07:34, the general SKALE price prediction sentiment is bearish, with 14 technical analysis indicators signaling bullish signals, and 15 signaling bearish signals.
SKL price prediction was last updated on September 14, 2024 at 07:34.
SKALE's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)
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Based on our technical indicators, SKALE's 200-day SMA will drop in the next month and will hit $ 0.061081 by Oct 14, 2024. SKALE's short-term 50-Day SMA is estimated to hit $ 0.052512 by Oct 14, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 52.24, which indicates that the SKL market is in a neutral position.
Popular SKL Moving Averages and Oscillators for Sat, Sep 14, 2024
Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Daily Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 3 | $ 0.033154 | BUY |
SMA 5 | $ 0.03185 | BUY |
SMA 10 | $ 0.031414 | BUY |
SMA 21 | $ 0.033615 | SELL |
SMA 50 | $ 0.03676 | SELL |
SMA 100 | $ 0.044711 | SELL |
SMA 200 | $ 0.066618 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 3 | $ 0.03247 | BUY |
EMA 5 | $ 0.032913 | BUY |
EMA 10 | $ 0.033694 | SELL |
EMA 21 | $ 0.036199 | SELL |
EMA 50 | $ 0.042698 | SELL |
EMA 100 | $ 0.052612 | SELL |
EMA 200 | $ 0.060558 | SELL |
Weekly Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 21 | -$ 0.31 | BUY |
SMA 50 | -$ 0.27 | BUY |
SMA 100 | -$ 0.18 | BUY |
SMA 200 | - | - |
Weekly Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 21 | $ 0.052706 | SELL |
EMA 50 | $ 0.057626 | SELL |
EMA 100 | $ 0.046389 | SELL |
EMA 200 | - | - |
SKALE Oscillators
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.
Period | Value | Action |
---|---|---|
RSI (14) | 52.24 | NEUTRAL |
Stoch RSI (14) | 100.00 | SELL |
Stochastic Fast (14) | 85.78 | SELL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 18.99 | NEUTRAL |
Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
Momentum (10) | 0.00 | NEUTRAL |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -14.22 | SELL |
Ultimate Oscillator (7, 14, 28) | 59.55 | NEUTRAL |
VWMA (10) | 0.03 | BUY |
Hull Moving Average (9) | 0.03 | BUY |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
SKALE Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 0.033275, SKALE has support levels of $ 0.03277, $ 0.032037, and the strongest at $ 0.031532. Similarly, SKALE resistance levels are at $ 0.034008, $ 0.034514, and $ 0.035247.
Support Levels
# | Price | Strength |
---|---|---|
S1 | $ 0.03277 | |
S2 | $ 0.032037 | |
S3 | $ 0.031532 |
Resistance Levels
# | Price | Strength |
---|---|---|
R1 | $ 0.034008 | |
R2 | $ 0.034514 | |
R3 | $ 0.035247 |
SKALE Correlation
Over the past 7 days, SKALE price was most positively correlated with the price of and most negatively correlated with the price of .
Positively Correlated Currencies
Name | Correlation |
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Negatively Correlated Currencies
Name | Correlation |
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SKALE price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .
Currencies that are positively correlated with SKALE indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with SKALE, a move in one direction for SKALE would translate into a move in the opposite direction for the negatively correlated coin.
SKALE Price Prediction for Tomorrow and Next Week
Date | Price | Change |
---|---|---|
Sep 15, 2024 | $ 0.033258 | 0.00% |
Sep 16, 2024 | $ 0.03503 | 5.33% |
Sep 17, 2024 | $ 0.037312 | 12.19% |
Sep 18, 2024 | $ 0.040099 | 20.57% |
Sep 19, 2024 | $ 0.043204 | 29.90% |
Sep 20, 2024 | $ 0.046287 | 39.17% |
Sep 21, 2024 | $ 0.04925 | 48.08% |
Show More
The SKALE price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these SKALE projections, SKL will be changing hands at $ 0.04925 on Sep 21, 2024, gaining
SKALE Historical Price Performance
Change | 1H | 24H | 7D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | ALL |
---|---|---|---|---|---|---|---|---|---|---|---|
SKL/USD | |||||||||||
SKL/BTC | |||||||||||
SKL/ETH | |||||||||||
SKL/USDT |
To get a better idea of what could happen to the SKALE price in the future, it’s helpful to also explore SKALE’s price history. In the last month, the SKL/USD pair is down .
Date | Open | High | Low | Close | Volume | Market Cap |
---|---|---|---|---|---|---|
Sep 14, 2023 | $ 0.023601 | $ 0.024053 | $ 0.02299 | $ 0.023058 | $ 23.04M | $ 109.68M |
Sep 14, 2022 | $ 0.044192 | $ 0.044742 | $ 0.042107 | $ 0.043149 | $ 30.03M | $ 161.86M |
Sep 14, 2021 | $ 0.375986 | $ 0.466806 | $ 0.373588 | $ 0.440775 | $ 310.75M | $ 518.92M |
Full History
SKALE Price Prediction FAQ
What is SKALE's price prediction today?
Based on our SKALE prediction chart, the price of SKALE will increase by
What is SKALE price prediction for tomorrow?
SKALE is predicted to gain
What is the SKALE price prediction for this week?
According to our SKALE price prediction, SKL is forecasted to trade within a price range of $ 0.033258 and $ 0.03503 this week. SKALE will increase by
What is the SKALE price prediction for next week?
The SKALE price prediction for next week is between $ 0.03503 on the lower end and $ 0.044582 on the high end. Based on our SKL price prediction chart, the price of SKALE will increase by
What is the SKALE price prediction for 2024?
SKALE is forecasted to trade within a range of $ 0.033258 and $ 0.155961. If it reaches the upper price target, SKL could increase by
What is the SKALE price prediction for 2025?
According to our SKALE price prediction, SKL is forecasted to trade within a price range of $ 0.033258 and $ 0.155961 next year. SKALE will increase by
What is the SKALE price prediction for 2030?
The SKALE price prediction for 2030 is between $ 0.082538 on the lower end and $ 0.133829 on the high end. Based on our SKL price prediction chart, the price of SKALE could gain
Will SKALE reach $10?
SKALE would need to gain
Will SKALE reach $100?
SKALE would need to gain
Will SKALE reach $1,000?
SKALE would need to gain
What is the current SKALE sentiment?
The current SKALE sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.
What is the SKALE Fear & Greed Index and what does it indicate?
Currently, the SKALE Fear & Greed Index stands at 50, which means that investors’ sentiment is in the so-called Neutral zone.
The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of SKALE investors’ sentiment, and is based primarily on Bitcoin-related market data.
Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.
Is it profitable to invest in SKALE?
Over the last 30 days, SKALE had 15/30 (50%) green days. According to our historical data, it is currently not profitable to invest in SKALE. The price of SKALE increased by 42.27% in the last 1 year, while the coin’s 3-year performance is -92.34%.
Is SKALE a good buy in 2024?
Based on multiple technical quantitative indicators, the current forecast for SKALE in 2024 is bearish. This could be an indication that SKALE is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy SKALE or not.
What will the price of SKALE be next week?
According to our SKALE forecast, the price of SKALE will increase by 29.90% over the next week and reach $ 0.043204 by September 19, 2024.
What will the price of SKALE be next month?
According to our SKALE forecast, the price of SKALE will increase by 225.86% over the next month and reach $ 0.108374 by October 14, 2024.
What is SKALE's 50-Day SMA and what does it indicate?
SKALE’s 50-day SMA (simple moving average) is currently $ 0.03676. The 50-day SMA indicates the average price of SKALE over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive SKL price trend in the medium term, while a dropping SMA indicates the opposite.
The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
What is SKALE's 200-Day SMA and what does it indicate?
SKALE’s 200-day is currently $ 0.066618. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising SKALE 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that SKL has been trending downwards over the long term.
Many cryptocurrency traders pay close attention to the markets when the current SKALE price crosses an important moving average like the 200-day SMA.
The 200-day SMA is calculated by taking SKALE’s closing prices in the last 200 days, adding them together, and dividing the total by 200.
What is SKALE's 14-day RSI and what does it indicate?
SKALE’s 14-day RSI is at 52.24, indicating that SKL is currently neutral.
The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including SKALE. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
Will SKALE go back up?
Based on our algorithmically generated price prediction for SKALE, the price of SKL is expected to decrease by
How does our price prediction for SKALE work?
The SKALE price prediction on CoinCodex is calculated using the historical SKALE price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic SKALE prediction.
How to read and predict SKALE price movements?
SKALE traders use a variety of tools to try and determine the direction in which the SKL market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the SKALE price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
SKALE Price Prediction Indicators
Moving averages are among the most popular SKALE price prediction tools. As the name suggests, a moving average provides the average closing price for SKL over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for SKL is a sum of SKL’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the SKL price moves above any of these averages, it is generally seen as a bullish sign for SKALE. Conversely, a drop below an important moving average is usually a sign of weakness in the SKL market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the SKL price.
How to read SKALE charts and predict price movements?
Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of SKALE with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about SKALE’s price action in 1-hour chunks. Each candlestick will display SKL’s opening price, closing price, as well as the highest and lowest prices that SKALE reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
What affects the price of SKALE?
Just like with any other asset, the price action of SKALE is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of SKL. The market capitalization of SKALE can change significantly in a short period of time.
When trying to make a SKALE forecast, many traders also try to monitor the activity of SKL “whales”, which are entities and individuals that control large amounts of SKL. Since the SKALE market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on SKALE’s price movements.
Bullish and bearish price prediction patterns
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsem*nt or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.