SKALE
Long

demand for the SKALE asset price rise

The SKALE crypto has experienced a surge of 1.79% in the last 24 hours, trading at $0.0681, at press time. The technical indicators are bearish, but minor bullish traits seem to have appeared in MACD as it has converged for a bullish cross, and RSI has reached the 30 level and it is exactly at 29.95. Therefore, despite the bearish indicators, the scenario could flip for the upside as well.

Therefore, if the demand for the SKALE asset price rises, it could bounce back from the current level. Then the next goal for the price could be to reach $0.0800, and $0.1000.

However, if the SKALE crypto price fails to stay above the $0.0650 level, it could decline further.
Chart PatternsTechnical IndicatorsTrend Analysis

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