SKALE Network receives a long-term average technical rating of 49 from InvestorsObserver analysis. Our proprietary scoring system considers trading patterns over the past few months to a year by analyzing the token’s consistency, volatility, and relative position against long-term averages to determine if it is a solid investment opportunity. Currently, SKL holds a long-term technical analysis score above 49% of cryptocurrencies. Long-term investors employing a buy and hold strategy will find the long-term ranking particularly relevant when allocating their assets and may find additional value by finding cryptos with a high short-term technical score to uncover. chips that have hit rock bottom.
The current trading price of $0.070000000 for SKL is $0.0000000 (-2.80%) below the token’s 100-day moving average of $0.070000000. SKL, meanwhile, is $0.0300000 (-27797.49%) above its 52-week low of $0.040000000 and -$0.43000000 (-1988.35%) below its 52-week high of $0.500000000. SKALE Network’s current price against the token’s long-term average and 52-week highs and lows, gives the crypto a long-term average technical score of 49. SKL’s price movement and range suggests that investors are bearish on the token at this time. SKALE Network currently has a total market capitalization of $250,179,098.79 to go along with its average daily volume of $68,842,143.35 from the currency over the past seven days. SKL’s volume is below its seven-day average over the past 24 hours, with 10,124,348.45 traded over the period. Subclass of this token Smart contracts: A computer program designed to run automatically when predetermined conditions are met. Typically used to execute transactions quickly and automatically, with terms written directly into lines of code.
Trading patterns over the past year for SKALE Network gave the token a long-term average technical score of 49, as its consistency, volatility, and relationship to long-term averages gave investors reason to be bearish on the token. Click here for the full SKALE Network (SKL) report.
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