The Skycoin is fluctuating between the levels of $1.40 and $2.00.

The small body indecsive candlestick are responsible for poor price action.

SKY/USD Medium-term Trend: Ranging

Resistance Levels: $1.8, $2.0 ¸ $2.2

Support levels: $1.4, $1.2, $1.2

Yesterday, July 1, the SKY/USD pair was in a sideways trend. The Skycoin is fluctuating between the levels of $1.40 and $2.00. On June 21, the bulls made an upward move but were resisted at the $2.00 price level. The moving averages are horizontally flat indicating that the price is in a sideways trend. Nevertheless, the coin was characterized by small body candlesticks like the Doji and the Spinning tops which describe the indecision between the buyers and sellers.

The SKY/USD pair is in choppy price action. The support and resistance levels of the crypto cannot be determined. In a tight range move, a bullish or bearish break is imminent. Meanwhile, the SKY price has reached the oversold region of the daily stochastic but above 40% range. This indicates that price is a bullish momentum and a buy signal.

SKY/USD Short-term Trend: Ranging

On the 1-hour chart, the SKY price was in a sideways trend. The moving averages are trending horizontally. The price of Skycoin is in choppy price action. The small body indecsive candlestick are responsible for poor price action.

Meanwhile, the SKY price has reached the oversold region of the daily stochastic but above 60% range. This indicates that price is a bearish momentum and a sell signal.

Live Skycoin (SKY) Price: 1 SKY/USD = $0.5073 change ~ 0.33% Coin Market Cap $9.27 Million 24 Hour Volume $61.3 K 24 Hour VWAP $0 24 Hour Change $0.0017

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