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Cryptopolitan 2025-02-19 11:41:50

SKALE price prediction 2025-2031: How high can SKL get?

Key takeaways SKALE price prediction suggests a maximum price of $0.0579 by the end of 2025. By 2028, SKALE could reach a peak price of $0.0901 and an average price of $0.0804. In 2031, the target price for SKL is between $0.231 and $0.251, with an average of $0.241. SKALE is a gas-less EVM-compatible modular blockchain network that was established in 2018 by Jack O’Holleran and Stan Kladko. The network was under development and testing for two and a half years before its mainnet was launched in 2020. It’s a network of interconnected sidechains designed to scale Ethereum DApps. SKALE provides transactions without fees and high transaction throughputs, enabling developers to create DApps without concern for high gas fees. The governance of the SKALE network is handled by the SKALE DAO, which includes over 50 members, comprising business organizations, other DAOs, and companies. SKALE recently launched the Pacifica V3 upgrade, aimed at boosting block mining speed by 108% and transaction throughput by 122%. How might this new development impact the token’s price? Let’s get into the technical analysis and SKALE price predictions for 2025–2031. Overview Cryptocurrency SKALE Token SKL Price $0.0498 Market Cap $194,876,346 Trading Volume $30,348,157 Circulating Supply 5,775,852,671 SKL All-time High $1.22 Mar 12, 2021 All-time Low $0.01948 Oct 19, 2023 24-hour High $0.0339 24-hour Low $0.0321 SKALE price prediction: Technical analysis Metric Value Volatility 16.33% 50-Day SMA 0.045321 200-Day SMA 0.046125 Sentiment Bearish Fear & Greed 44 (Fear) Green Days 10/30 (33%) SKALE technical analysis: Cryptocurrency climbs to $0.0338 on renewed buying interest TL;DR Breakdown Skale price analysis confirms a downtrend. The coin value has increased by 1.75% during the day. Strong support is available at the $0.0324 end. The recent price analysis for February 19, presents a bullish scenario regarding today’s market events. Yesterday, the bears remained highly dominant as a rise in selling pressure was recorded. However, in the past 24 hours, the coin value spiked up to $0.0338, considering the rising bullish pressure. This is an encouraging sign for the buyers, as the bulls are now back on the leading end. SKL price analysis on a daily timeframe The bulls are on the winning side today, as a substantial rise in buying activity has been recorded. The daily price analysis for SKL/USD confirms a bullish recovery as the coin has gained 1.75% value, reaching $0.0338 because of the increasing price movement today. SKL/USD 1-day price chart. Source: TradingView The distance between the Bollinger bands defines the volatility. This distance is narrowing as its volatility drops. Moreover, the upper band of the Bollinger bands indicator, acting as the resistance, is at $0.0537. Whereas its lower band, serving as a support, is at $0.0275. The Relative Strength Index (RSI) indicator is in the neutral region. The indicator’s value jumped to 38.39 in the last 24 hours. The increasing curve on the RSI graph signifies a bullish support for the token’s price. This upward movement reflects a balanced trading setup for the investors. SKL price analysis on the 4-hour chart The four-hour price chart of SKALE also signals the return of bullish support for the cryptocurrency. The coin’s value recovered to $0.0338 in the past few hours. Moreover, the mediocre level of volatility means fewer price oscillations. The Bollinger bands are moderately spaced, signaling mild volatility. This mild volatility signals higher market predictability in the coming hours. Moreover, the upper Bollinger band has shifted to $0.0389, indicating the resistance. Conversely, the lower Bollinger band is at $0.0322, securing support. SKL/USD 4-hour price chart. Source: TradingView The RSI indicator is in the neutral region. Currently at 40.87 and moving upward, this confirms an uptrend on an hourly basis. The upward-pointing curve on the indicator’s graph reflects that the investors are returning to the market. If the buying activities continue, the RSI value will cross above the 50 mark. SKALE technical indicators: Levels and action Daily simple moving average Period Value ($) Action SMA 3 0.037776 SELL SMA 5 0.037599 SELL SMA 10 0.039727 SELL SMA 21 0.042304 SELL SMA 50 0.045321 SELL SMA 100 0.051664 SELL SMA 200 0.046125 SELL Daily exponential moving average Period Value Action EMA 3 0.04099 SELL EMA 5 0.042381 SELL EMA 10 0.044337 SELL EMA 21 0.047406 SELL EMA 50 0.050971 SELL EMA 100 0.050344 SELL EMA 200 0.050972 SELL What to expect from SKALE price analysis SKALE price analysis gives a bullish prediction of the market trends. Coin value jumped to a $0.038 high in the last 24 hours. It gained 1.75 percent over the day. The increase made the market stable, as the buying pressure remained high. Technical indicators give out a sell signal, but at the same time, the price charts depict rising buying impulse. Is SKALE a good investment? Among the numerous altcoins that have recently provided excellent profits is the SKL cryptocurrency. In reality, if we take the period from October 2023 to April 2024 into consideration, the SKL token rose by more than 400%. Can the SKL token rise much higher now that it has made some significant gains? The asset’s chart shows that it is still far from its peak; in fact, over the past few months, its value has dropped. Despite this setback, the cryptocurrency still has room to rise. Why is SKALE up? The SKALE/USD crypto pair price has spiked today as the buying influx has returned after yesterday’s selloff, surging the price to $0.0338. The bulls are targeting the resistance of $0.0351 next, but overall, the coin’s value has decreased significantly by 9.08% over the past week. Will SKALE recover? SKALE is currently bearish but continues to recover slowly. Though the crypto pair is trading below its yearly high, it is expected to recover because the RSI is also trending near the center line of the indicator. Will SKALE reach $0.100? Yes, SKALE should rise to touch $0.100 some time near the start of 2027 and can reach a maximum price of $0.122 during that period. Will SKALE reach $0.200? Yes, SKALE should rise above $0.200 in 2030. It is expected that by the year end, it will reach a maximum price of $0.218. Will SKALE reach $0.500? Per the SKALE price prediction, it is expected that the token may not get to $0.5, but it will reach $0.251 by 2031. Is Skale a good project? The SKALE blockchain platform is focused on improving the scalability of Ethereum. SKALE can handle a large number of transactions, which is essential for dApps to function smoothly. Users also don’t have to pay gas fees, which makes it more appealing, and it has seen growing adoption among the gaming community with many web3 games being built on the platform. Like any cryptocurrency, SKALE token is also volatile, but for investors, it is important to believe in the long-term potential of the project. Does Skale Network have a future? According to analysts’ price predictions, SKALE will trade higher in years to come. The token’s value is expected to increase many folds reaching a potential higher price of $0.251 by 2031. However, factors like market crashes or difficult regulations could invalidate this bullish theory. Recent news/opinions on SKALE SKALE Network is now the second most active blockchain in terms of development activity. 7,335 development activities were recorded last week, which places it just behind ETH. A total of 60 developers contributed to the process. However, despite the second position, SKALE has a considerable gap to bridge with ETH, which recorded 21,200 activities with 2,600 developers. SKALE holds the #2 spot in development activity once again! 🤙 With 21.2K commits last week, SKALE remains the second-most active blockchain in all of Web3, trailing only ETH 🛠️ If you’re building, build where the momentum is. Build on SKALE. https://t.co/eQ7ZT5gPfY — SKALE (@SkaleNetwork) February 14, 2025 SKALE price prediction February 2025 The SKALE price prediction for February 2025 is a maximum price of $0.0580. The coin’s minimum price will be $0.0260, and the average price will be $0.0420. SKALE price prediction Minimum price Average price Maximum price SKALE price prediction February 2025 $0.0260 $0.0420 $0.0580 SKALE price prediction 2025 The SKALE price prediction for 2025 is a maximum price of $0.0579. The coin’s minimum price will be $0.0386, and the average price will be $0.0482. SKALE price prediction Minimum price Average price Maximum price SKALE price prediction 2025 $0.0386 $0.0482 $0.0579 SKALE price prediction 2026–2031 Year Minimum Price Average Price Maximum Price 2026 $0.0708 $0.0804 $0.0901 2027 $0.103 $0.112 $0.122 2028 $0.135 $0.144 $0.154 2029 $0.167 $0.177 $0.186 2030 $0.199 $0.209 $0.218 2031 0.231 0.241 0.251 SKALE price prediction 2026 The SKALE price prediction for 2026 is a maximum of $0.0901. The minimum price the coin will have by the end of 2026 will be $0.0708, while its average trading price will be $0.0804. SKALE price prediction 2027 The SKALE token price prediction for 2027 is a maximum price of $0.122 with a minimum price of $0.103. We also expect the coin’s average trading price to be $0.112. SKALE price prediction 2028 The SKALE network price prediction for 2028 is a maximum price of $0.154. The minimum price of the coin by 2028 will be $0.135; the average trading price is forecasted to be $0.144. SKALE price prediction 2029 The SKL price prediction for 2029 is a maximum price of $0.186 with an average trading price of $0.177. The coin will have the lowest price at $0.167. SKALE price prediction 2030 The SKALE cryptocurrency prediction for 2030 is a maximum price of $0.218; the coin’s lowest price is $0.199. The average trading price of the coin will be $0.209. SKALE price prediction 2031 The SKALE price prediction for 2031 is a maximum price of $0.251. The coin’s lowest price will be $0.231, and the average trading price of the coin is $0.241. SKALE price prediction 2025-2031 SKALE market price prediction: Analysts’ SKALE price forecast Firm Name 202 5 202 6 DigitalCoinPrice $0.0738 $0.0861 CoinCodex $0.0427 $0.0333 Cryptopolitan’s SKALE price prediction Our forecast shows that SKALE will achieve a high price of $0.0565 near the end of 2025. In 2026, the SKALE price will range between $0.0698 and $0.0892. In 2031, the cryptocurrency will range between $0.229 and $0.247, with an average price of $0.235. It is important to consider that the predictions can change at any time and are not investment advice. Professional consultation is suggested, or you can carry out your own research. SKALE historic price sentiment SKALE price history SKALE (SKL) token launched on December 2, 2020, with a starting price of $0.0739. Soon SKL spiked to $0.138 in four days but depreciated to $0.0477 by the end of the year. SKL started 2021 in the $0.080 range and spiked to the $0.295 mark by mid-February 2021. On March 12, 2021, SKALE hit its all-time high of 1.22. However, the token soon faced rejection, plummeting to $0.448 on April, losing almost 70% value. A bullish wave followed, taking SKL to $0.90 by the middle of September. Again in December 2021, the token was trading in the $0295 range. 2022 started with a price of $0.202 in a descending motion, and by the end of January, the coin reached the $0.115 mark, losing another 47% value. SKL jumped to $0.303 in April 2022 but soon reverted back and slipped to $0.0826 in May, while dipping to $0.610 by the end of the month. The token remained below its opening price till June 2022 while slightly recovering to $0.0749 on August 12 and dipped again shortly after. SKALE closed the year 2022 in the $0.0250 range below its opening price. 2023 proved to be a tough year for the crypto pair as it traded below its average price and only recovered slightly to $0.0818 by the end of December. 2024 started with some hopes of bullish signs as the price finally recovered near the opening price of $0.0739, while touching $0.0977 on January 5. In the end of January and start of February, the coin once again struggled to maintain above its average price; however, it saw some bullish gains in March, reaching 0.124. From March to May 2024, the token kept covering a range downwards and slipped to $0.0669 once again. The token has been trading sideways since May 2024, and in July 2024, it’s trading within the range of $0.04644 – $0.05226. In August SKALE dropped further to the $0.0307 level. It remained low till October, and the average price during this period was $0.0345. SKALE started to improve in November 2024 and reached a peak price of $0.0805 at the start of December. The remainder of December was bearish, and SKALE kept correcting in January 2025, reaching $0.0401, and slipped to $0.0326 in February.

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