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What's Next for Neutral Rated SKALE Network (SKL)?

Thursday, May 05, 2022 09:52 AM | InvestorsObserver Analysts
What's Next for Neutral Rated SKALE Network (SKL)?

SKALE Network (SKL) gets a neutral rating from InvestorsObserver Thursday. The Smart Contracts asset is up 4.44% to $0.1532836467 while the broader crypto market is up 1.7%.

Sentiment Score - ,
SKALE Network has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SKALE Network!


Over the last five days, SKALE Network has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of SKALE Network over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

SKALE Network is currently trading near its five-day low of $0.137770563364029. The Smart Contracts asset is 24.19% off its five-day high and is 11.26% higher than its five-day low of $0.137770563364029.

SKALE Network price is trading near resistance. With support set around $0.138109885511709 and resistance at $0.157348372397733, could face selling pressures soon.

SKALE Network has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on SKALE Network

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