SKL is heading towards $0.18 zone, which is reliable support for $0.24, $0.28 and $0.38 targets in early August. However, if SKL loses $0.18, then $0.14 is also a good support that we need to pay attention to

🔴Buy : 0.176-0.184$. SL if B
🔴Sell : 0.234-0.246$. SL if A 🔴Sell : 0.273-0.287$. SL if A 🔴Sell : 0.372-0.388$. SL if A
🔵Sell : 0.176-0.184$ if B. SL if A 🔵Buy : 0.137-0.143$. SL if B
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • SKALE Network is a web of elastic blockchains built to optimize scalability and improve user-experience for decentralized applications.
  • SKALE Network is a Delegated Proof-of-Stake (DPoS) network, utilizing a type of Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism.
  • SKL is SKALE Network’s ERC-777 native utility token and has the following use cases:
    • Network Security and Staking: SKL token holders can stake and delegate SKL tokens to validators who run nodes that make the SKALE Network function by validating blocks, executing smart contracts, and securing the network.
    • Payments: developers can purchase subscription access to elastic blockchains (S-chains) using SKL tokens.
    • Governance: SKL tokens will be used for on-chain voting, which controls all economic parameters of the SKALE Network.
  • SKALE Network aims to enable developers to run Ethereum applications with high performance and low costs. The project also provides application-specific blockchains, which give each application its own blockchain that can connect seamlessly to the Ethereum Mainnet without sacrificing decentralization or security.
  • SKALE Network has raised ~22.04MM USD from three rounds of private token sales and one round of public token sales47.44% of the total SKL supply has been sold at 0.0034 USD / SKL, 0.0099 - 0.0125 USD / SKL, 0.0152 USD / SKL and 0.03 USD / SKL.