The asset still looks technically supportive, with multiple signals continuing to back the setup.
In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.
Skate support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.001078 - $0.001113 | |
| Support 2 | $0.0009548 - $0.001032 | |
| Support 3 | $0.0007879 - $0.0008758 | |
| Resistance 1 | $0.001306 - $0.001360 | |
| Resistance 2 | $0.001435 - $0.001470 | |
| Resistance 3 | $0.001681 - $0.001716 | |
| Resistance 4 | $0.002009 - $0.002044 |
SKATE clears the resistance zone at $0.001306 - $0.001360 and holds above it. That would strengthen the breakout case and shift attention to $0.001435 - $0.001470.
SKATE loses the support zone at $0.001078 - $0.001113. That would weaken the setup and open the way toward $0.0009548 - $0.001032.
SKATE continues trading between $0.001113 and $0.001306. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0009362 | Bullish | SKATE is trading above the 50-day average. |
| SMA200 | $0.001526 | Bearish | SKATE remains below the long-term trend line. |
| EMA50 | $0.0009855 | Bullish | SKATE is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.004206 | Bearish | SKATE is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 85.20 | Overbought | RSI (14) is elevated at 85.20, which suggests upside momentum may be getting stretched. |
| Stoch RSI (14) | 100.00 | Overbought | Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme. |
| MACD | 0.00003355 | Bullish | MACD is above its signal line. |
| ATR | 2.97% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.001097 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 474.93 | Bullish | CCI (20) is strong at 474.93, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.00006703 | Bullish | Awesome Oscillator is above zero at $0.00006703, which supports bullish momentum. |
| Williams Percent Range (14) | -49.66 | Neutral | Williams Percent Range (14) is at -49.66, which keeps price in the middle of its recent range. |
| Bull Bear Power (13) | $0.0001656 | Bullish | Bull Bear Power (13) is positive at $0.0001656, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 46.58 | Neutral | Ultimate Oscillator is at 46.58, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.001067 | Bullish | SKATE is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.001162 | Bullish | SKATE is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Skate price was most positively correlated with the price of XDC Network (XDC), Injective (INJ), Internet Computer (ICP), Kaspa (KAS) and Worldcoin (WLD) and most negatively correlated with the price of APENFT (NFT), LEO Token (LEO), Beldex (BDX), Nexo (NEXO) and Canton (CC).
| Name | Correlation |
|---|---|
| XDC Network | 0.919 |
| Injective | 0.872 |
| Internet Computer | 0.863 |
| Kaspa | 0.846 |
| Worldcoin | 0.829 |
| Name | Correlation |
|---|---|
| APENFT | -0.732 |
| LEO Token | -0.638 |
| Beldex | -0.584 |
| Nexo | -0.441 |
| Canton | -0.436 |
Skate price is positively correlated with the top 10 coins by market cap with a price of 0.501, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.367. Currencies that are positively correlated with Skate indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Skate, a move in one direction for Skate would translate into a move in the opposite direction for the negatively correlated coin.
