{"id":376325,"date":"2023-02-18T17:45:11","date_gmt":"2023-02-18T22:45:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=376325"},"modified":"2023-02-18T17:45:11","modified_gmt":"2023-02-18T22:45:11","slug":"skale-network-price-prediction-for-today-february-18-skl-usd-shows-positive-signs-above-0-060","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/skale-network-price-prediction-for-today-february-18-skl-usd-shows-positive-signs-above-0-060","title":{"rendered":"Skale Network Price Prediction for Today, February 18: SKL\/USD Shows Positive Signs Above $0.060"},"content":{"rendered":"<p>The Skale Network price prediction shows that SKL is attempting to cross above the upper boundary of the channel.<\/p>\n<h2>Skale Network Prediction Statistics Data:<\/h2>\n<ul>\n<li>Skale Network price now &ndash; $0.059<\/li>\n<li>Skale Network market cap &ndash; $249.6 million<\/li>\n<li>Skale Network circulating supply &ndash; 4.1 billion<\/li>\n<li>Skale Network total supply &ndash; 5.4 billion<\/li>\n<li>Skale Network Coinmarketcap ranking &ndash; #148<\/li>\n<\/ul>\n<h2>SKL\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $0.080, $0.085, $0.090<\/p>\n<p>Support levels: $0.040, $0.035, $0.030<\/p>\n<figure id=\"attachment_376328\" aria-describedby=\"caption-attachment-376328\" style=\"width: 1078px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-376328\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023a.png\" alt=\"Skale Network Price Prediction for Today, February 18: SKL\/USD Shows Positive Signs Above $0.060\" width=\"1078\" height=\"554\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023a.png 1078w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023a-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023a-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023a-768x395.png 768w\" sizes=\"(max-width: 1078px) 100vw, 1078px\"><figcaption id=\"caption-attachment-376328\" class=\"wp-caption-text\">SKLUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-skale-network\">SKL\/USD<\/a> peaks at $0.064 today, after which the coin begins to trade bullishly within the channel. However, the price not staying above $0.064 may ruin the long-term technical picture of the coin. Meanwhile, the Skale Network may need to stay above the 9-day and 21-day moving averages in other to guide against the downward pressure while the closest support expects the coin at $0.050, which could be a daily low.<\/p>\n<h2>Skale Network Price Prediction: Skale Network Likely to Hit $0.070 High<\/h2>\n<p>At the time of writing, the <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-skale-network\">Skale Network<\/a> price is likely to trend to the upside as a bullish cross above the upper boundary of the channel could push the coin to the resistance levels of $0.080, $0.085, and $0.090. On the downside, a bearish movement below the 9-day and 21-day moving averages could stop the initial upward movement and create bearish momentum with a focus to bring the market to the next support levels of $0.040, $0.035, and $0.030 respectively.<\/p>\n<p>At the moment, the technical indicator Relative Strength Index (14) moves into the overbought region, which indicates that the market could follow an uptrend. Looking at the daily chart, the 9-day moving average remains above the 21-day moving average which could allow the buyers to concentrate on stirring action to the north.<\/p>\n<p>Against Bitcoin, the Skale Network is sliding above the 9-day moving average. Meanwhile, following the recent positive sign, the SKL price may go down if the sellers sustain the pressure further.<\/p>\n<figure id=\"attachment_376327\" aria-describedby=\"caption-attachment-376327\" style=\"width: 1078px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-376327\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLBTC_13022023.png\" alt=\"\" width=\"1078\" height=\"554\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLBTC_13022023.png 1078w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLBTC_13022023-300x154.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLBTC_13022023-1024x526.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLBTC_13022023-768x395.png 768w\" sizes=\"(max-width: 1078px) 100vw, 1078px\"><figcaption id=\"caption-attachment-376327\" class=\"wp-caption-text\">SKLBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, if the bears succeeded in breaking below the lower boundary of the channel, the market price may reach the support level at 160 SAT and below. Moreover, the continuation of the bullish movement could allow the coin to go above the upper boundary of the channel and push the price to the resistance level of 300 SAT and above as the technical indicator Relative Strength Index (14) is likely to cross above the 70-level which could boost the bullish movement.<\/p>\n<h2>Skale Network Alternatives<\/h2>\n<p>The Chainlink price may continue to move upwards if the price stays above the 9-day and 21-day moving averages. Meanwhile, LINK\/USD may reach the resistance level of $9.0 if the bulls focus on the upward trend. Meanwhile, <a href=\"https:\/\/insidebitcoins.com\/visit\/fightout\/\" rel=\"nofollow\">FGHT<\/a> is the Fight Out project&rsquo;s native ERC-20 token and it is crucial to maintaining the economic stability of the ecosystem. Therefore, given the FGHT token&rsquo;s importance, investors may wish to purchase the tokens to gain financial exposure to Fight Out&rsquo;s growth as close to $4.5m has been raised during the presale.<\/p>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Skale Network price prediction shows that SKL is attempting to cross above the upper boundary of the channel. Skale Network Prediction Statistics Data: Skale <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/skale-network-price-prediction-for-today-february-18-skl-usd-shows-positive-signs-above-0-060\" title=\"Skale Network Price Prediction for Today, February 18: SKL\/USD Shows Positive Signs Above $0.060\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":376326,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[7596],"tags":[13855,13854,13856,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v21.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Skale Network Price Prediction for Today, February 18: SKL\/USD Shows Positive Signs Above $0.060<\/title>\n<meta name=\"description\" content=\"The Skale Network price prediction shows that SKL is attempting to cross above the upper boundary of the channel.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/376325\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Skale Network Price Prediction for Today, February 18: SKL\/USD Shows Positive Signs Above $0.060\" \/>\n<meta property=\"og:description\" content=\"The Skale Network price prediction shows that SKL is attempting to cross above the upper boundary of the channel.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-18T22:45:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/02\/SKLUSD_13022023.png\" \/>\n\t<meta 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