Based on today's classical pivot point (P1) with the value of $17.90, SKTO has support levels of $17.64, $17.13, and the strongest at $16.87. Similarly, SKTO resistance levels are at $18.41, $18.67, and $19.18.
| # | Price | Strength |
|---|---|---|
| S1 | $17.64 | |
| S2 | $17.13 | |
| S3 | $16.87 |
| # | Price | Strength |
|---|---|---|
| R1 | $18.41 | |
| R2 | $18.67 | |
| R3 | $19.18 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 66.06 | NEUTRAL |
| Stoch RSI (14) | 100.00 | SELL |
| Stochastic Fast (14) | 97.24 | SELL |
| Commodity Channel Index (20) | 60.86 | NEUTRAL |
| Average Directional Index (14) | 36.12 | BUY |
| Awesome Oscillator (5, 34) | 2.03 | NEUTRAL |
| Momentum (10) | 0.66 | NEUTRAL |
| MACD (12, 26) | -0.12 | NEUTRAL |
| Williams Percent Range (14) | -2.76 | SELL |
| Bull Bear Power (13) | 0.56 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.70 | NEUTRAL |
| VWMA (10) | 17.85 | BUY |
| Hull Moving Average (9) | 17.89 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 16.52 | NEUTRAL |
Over the past 7 days, SKTO price was most positively correlated with the price of Sei (SEI), Pi Network (PI), Flare (FLR), Worldcoin (WLD) and Immutable X (IMX) and most negatively correlated with the price of Solana (SOL), Bitcoin SV (BSV), JUST (JST), Avalanche (AVAX) and Injective (INJ).
| Name | Correlation |
|---|---|
| Sei | 0.588 |
| Pi Network | 0.535 |
| Flare | 0.502 |
| Worldcoin | 0.495 |
| Immutable X | 0.485 |
| Name | Correlation |
|---|---|
| Solana | -0.672 |
| Bitcoin SV | -0.541 |
| JUST | -0.508 |
| Avalanche | -0.507 |
| Injective | -0.507 |
SKTO price is negatively correlated with the top 10 coins by market cap with a price of -0.002, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.086.
Currencies that are positively correlated with SKTO 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 SKTO, a move in one direction for SKTO would translate into a move in the opposite direction for the negatively correlated coin.
