Long
SKLBTC - Fundamentals, Short-time frame & Price expectations!
Hello TRaders,
Take a look at the short time frame. There's a double bottom spotted on the chart and oscillators. As well as a cross forming on the MACD.
We should see a small bounce to the upside over the next couple of days.
If it can hold above the EMA's, we may see a reversal.
Price is almost at the same price point as when it was listed on Coinbase.
Fundamentally, we have a lot of great announcements coming out over the next 30-60 days. There are going to be new staking options, integrations, subgraphs development, and interchain messaging.
SKL is the #18 top smart contract project on coinmarketcap, in terms of market cap. The newly added staking should help to give it a boost to the number #15-#12 spot on top Smart Contracts. This would be an estimated market cap of about $1.5 Bil. - $675 Mil. Putting the price at: $2.27 - $1.02
You can take a look at some of the articles here: https://coinmarketcal.com/en/?form%5Bdate_range%5D=20%2F03%2F2021%2B-%2B01%2F08%2F2024&form%5Bkeyword%5D=SKL&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Thanks!
Take a look at the short time frame. There's a double bottom spotted on the chart and oscillators. As well as a cross forming on the MACD.
We should see a small bounce to the upside over the next couple of days.
If it can hold above the EMA's, we may see a reversal.
Price is almost at the same price point as when it was listed on Coinbase.
Fundamentally, we have a lot of great announcements coming out over the next 30-60 days. There are going to be new staking options, integrations, subgraphs development, and interchain messaging.
SKL is the #18 top smart contract project on coinmarketcap, in terms of market cap. The newly added staking should help to give it a boost to the number #15-#12 spot on top Smart Contracts. This would be an estimated market cap of about $1.5 Bil. - $675 Mil. Putting the price at: $2.27 - $1.02
You can take a look at some of the articles here: https://coinmarketcal.com/en/?form%5Bdate_range%5D=20%2F03%2F2021%2B-%2B01%2F08%2F2024&form%5Bkeyword%5D=SKL&form%5Bsort_by%5D=&form%5Bsubmit%5D=
Thanks!
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