March 8, 2025 SKALE Daily Analysis SKALE Daily Analysis
SKALE Daily Analysis
Outlook
SKL current price is 0.02791 USDT and the current market cap is 2.400.449 USDT. This chart period started 210 days ago (11 August 2024) with a total of 97 days closing above the opening price and 112 days closing below the opening price. The lowest price was 0.02653 USDT on 04 March 2025, and the highest price was 0.08592 USDT on 29 November 2024. The current price is 5.20% above the lowest price and 67.52% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 0.02872822-Day Moving Average: 0.032791363650-Day Moving Average: 0.0391362100-Day Moving Average: 0.048481250-Day Moving Average: 0.04322884500-Day Moving Average: 0.0584589
Moving Average Analysis
The current price is %2.85 lower than the 5-Day moving average and has been below it for 2 days.The current price is %14.89 lower than the 22-Day moving average and has been below it for 6 days.The current price is %28.68 lower than the 50-Day moving average and has been below it for 24 days.The current price is %42.43 lower than the 100-Day moving average and has been below it for 35 days.The current price is %35.44 lower than the 250-Day moving average and has been below it for 33 days.The current price is %52.26 lower than the 500-Day moving average and has been below it for 37 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 0.0306 USDT on 04 November 2024 and ended by increasing by 42.58% to 0.04363 USDT on 11 November 2024.The longest downtrend is 6 days. It started at 0.04532 USDT on 27 September 2024 and ended by decreasing -23.23% to 0.03479 USDT on 03 October 2024.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 0.02829 USDT on 03-03-2025 Support: 0.02653 USDT on 04-03-2025 Support: 0.02686 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 0.02975 USDT on 05-03-2025 Resistance: 0.03058 USDT on 06-03-2025The lowest support level is 0.02653 USDT on 04-03-2025, and the highest resistance level is 0.03058 USDT on 06-03-2025. The percentage difference between these levels is approximately 15.3%.
Volume
The previous trading day’s volume (07-03-2025) 106,490,454.00 USDT. Highest volume in the last 210 days is 1,448,135,929.00 USDT on 26-01-2025. Lowest volume in the last 210 days is 3,580,702.00 USDT on 08-03-2025. Difference between highest and lowest volume is 40342.79%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 104,207,504.60 USDT22-day Moving Average Volume: 89,471,950.45 USDT50-day Moving Average Volume: 200,835,848.32 USDT100-day Moving Average Volume: 157,047,102.15 USDT250-day Moving Average Volume: 120,528,756.88 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 106,490,454.00 USDT
Previous day’s volume is 2.19% higher than the 5-day moving average.Previous day’s volume is 19.02% higher than the 22-day moving average.Previous day’s volume is 46.98% lower than the 50-day moving average.Previous day’s volume is 32.19% lower than the 100-day moving average.Previous day’s volume is 11.65% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is 16.47% higher than the 22-day moving average.22-day moving average is -55.45% lower than the 50-day moving average.50-day moving average is 27.88% higher than the 100-day moving average.100-day moving average is 30.30% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 14-01-2025 with a volume of 37,411,342.00 USDT and ended on 20-01-2025 with a volume of 155,365,651.00 USDT, lasting for 6 days and representing a 315.29% increase.The longest consecutive volume decrease started on 29-10-2024 with a volume of 135,955,342.00 USDT and ended on 02-11-2024 with a volume of 29,495,852.00 USDT, lasting for 4 days and representing a 78.30% decrease.
Price Volume Coorelation
During the longest volume increasing period price decrease from 0.04359 USDT to 0.04143 USDT, which represents a -4.96% change.During the longest volume decreasing period price decrease from 0.03805 USDT to 0.03299 USDT, which represents a -13.30% change.
Strategy
Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
