Skycoin Huge Potential! (SKY)


Welcome to this updated analysis on SKYUSD Let’s get right to it!

Skycoin is one of those cryptocurrencies that clearly tracks BTC . So, the success of SKY in the near future, is likely to depend on the movement of Bitcoin . Since I have identified several technical reasons that justify a rise in BTC to the low 4000s, that would indicate a likelihood that we will see SKY rally above the 40 BB. If that does happen, I suspect SKY could rise to the 1.50 and them possibly the 1.81 level. Since we’re sitting at 1.06 right now, that would be equivalent to a rise of 50-80%! So, if SKY can hold support above the 50.

This information is to be used for educational purposes only

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