Panjang
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!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.