Detailed analysis of the trading situation of Skale Network.

General information

- Current price: 0.00000043 BTC

- Equivalent in euros: €0.04334797

- Change over 24 hours: +86.96% — sharp increase, possibly caused by news or large purchases

Price range over 24 hours

- Maximum: 0.00000045 BTC

- Minimum: 0.00000023 BTC

- This indicates high volatility — the price almost doubled in a day.

Trading volume

- SKL: 32.72 million tokens

- BTC: 12.21 BTC

- High volume confirms trader activity and interest in the asset.

Technical indicators

Moving Averages (MA)

- MA(5): 404,695

- MA(10): 310,537

- Short-term MA above long-term → signal for growth.

MACD

- DIF: 0.00000001

- DEA: 0.00000001

- MACD: 0.00000000

- MACD is neutral but may signal the beginning of a trend.

RSI (Relative Strength Index)

- RSI(6): 73.98

- Value above 70 indicates the asset is overbought, correction possible.

Stochastic (KDJ)

- K: 76.81

- D: 73.63

- J: 83.16

- All values are high → market is overheated, but momentum remains.

Conclusion

- Current trend: Upward, with strong momentum

- Risks: Correction possible due to overbought condition (RSI > 70)

- Opportunities: If growth is supported by fundamental factors, it may continue

#SkaleNetwork