Skale Huge Growth Potential Without ATH = 2,126%, With ATH...

23 сент.

Skale Network (SKLUSDT) was one of the Altcoins that peaked early in 2021, the All-Time High was hit in March which is eight months before Bitcoin.

Currently we are seeing on the chart a higher low after the initial recovery wave of 2023. It might be just a tad early but we are already in bulls territory because the All-Time Low isn't likely to be challenged nor to break. A higher low is more probable if there is another drop.

If there is any type of bullish action between now and October, then a correction in November would certain produce a higher low. We can see some consolidation between December 2024, January/February 2025 and then fast growth. This is the map for now. If things develop different, we adapt to the market rather than fight the change.

Without looking at a new All-Time High, SKLUSDT can grow by 2,126% if it reaches as high as 0.7838. This is definitely do-able in 2025. Seeing the chart, a new All-Time High is possible and this is a strong pair. We are talking about a target between 5,000% and 9,000%. Pretty high I would say.

This is a pair to keep on mind. It might turn out pretty good.

See you next time.

Namaste.