Key takeaways
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.
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 |
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%) |
TL;DR Breakdown
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.
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.
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.
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 $0.0322, securing support.
The RSI indicator is in the neutral region. Currently at 40.87 and moving upward, this confirms an uptrend on an hourly basis. The upward-pointing curve on the indicator’s graph reflects that the investors are returning to the market. If the buying activities continue, the RSI value will cross above the 50 mark.
Period | Value ($) | 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 |
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 |
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 |
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 |
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 |
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.
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.
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.
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.
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.
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.
Firm Name | 2025 | 2026 |
DigitalCoinPrice | $0.0738 | $0.0861 |
CoinCodex | $0.0427 | $0.0333 |
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.