Despite the fact that 100% accurate technical analysis for Skycoin cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated SKY buy-and-sell rating for selected timeframe. The summary for SKY/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for Skycoin (SKY) from popular forecast platforms.
#1. WalletInvestor SKY Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Skycoin price will grow from $1.0032819024 to $1.318 in one year. That makes SKY an awesome investment. The long-term earning potential is 31.37%. Predicted price for the end of 2026 is $1.967.
#2. TradingBeasts SKY Price Prediction for 2022
Answering the question about if Skycoin is a good investment, TradingBeasts say a resounding yes. In the 2021 perspective, this coin price is predicted to reach $1.01363 with a growth to $1.14200 by the end of 2022.
#3. DigitalCoin SKY Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Skycoin cryptocurrency will rise in the next 5 years starting from $1.08757 as of today’s price to $4.1299861. It will go up to $1.829135 by 2022 and continue its growth in 2023-2024. Based on this forecast, Skycoin is a profitable long-term investment.
As it can be clear from the analysis cited above, Skycoin (SKY) projections are rather contradictory. There is no universal consensus either about positive or negative future SKY price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Skycoin projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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