$0.07
$0.00 (-0.95%)
End-of-day quote: 2022-10-17
SKL/USD

Is SKALE doing well?

Yes, since May 14, 2022, SKALE has been continually going up, increasing 66.16 percent. The 200-day line is +15.8 percent away from where the price is now. It's -26 percent away from the 100-day line and -39.41 percent from the 50-day line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The SKALE Forecast for 2023

Let's look at the one-year forecast since it is the most accurate of the analysts' predictions.

Analysts offered a wide range of forecasts for the SKALE price over the next year. The most optimistic forecast for the price target was $0.08, implying an 87 percent increase in 12 months, but the worst-case scenario anticipated a fall to as low as $0.06.

The most up-to-date average price target for the year ahead is $0.07.

That would represent a potential gain of 0.51 percent.

SKL - Relative Strength Forecast

SKALE broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

SKL - Trend Prediction

SKL - Price Volatility Prediction

SKL - Relative Strength

SKL - Momentum Forecast

In we then see weak volatility for SKALE for a longer period of time which led to negative signals for SKALE.

What Does the Future Hold for SKALE In 2025-2030?

SKALE's long-term prospects look promising. The average price target for SKALE by the end of 2020 was $0.07, according to five analysts. Their five-year forecast projects the price of SKALE to be $0.07 by 2025. By 2030, the long-term prediction is $0.07.