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Sky Protocol (SKY) Eyes 36% Rally Toward $0.095 on Weekly RSI Strength

BeInCrypto
Sky Protocol (SKY) shows strong bullish technical indicators, with analysts eyeing a 36% rally toward $0.095 if critical support levels remain intact.

Summary

Sky Protocol (SKY) is experiencing a bullish trend following its rebrand from MakerDAO, with weekly and daily technical indicators signaling further upside. Analysts note that with the RSI and MACD showing momentum, the asset is targeting a 36% rally toward the $0.095 level. While the 4-hour chart shows minor signs of divergence, the overall bullish thesis remains valid as long as key support levels at $0.078 are maintained.

(Source:BeInCrypto)