SKY jumps 23.28% to $0.070 as volume triples
- —Price at $0.070, up 23.28% in 24 hours from a low of $0.0569
- —Volume at $69.06 million, 263.61% above the 30-day average
- —RSI at 58.6 — not overbought, MACD still negative
- —Price is 98.88% below the ATH of $6.24 set in February 2021
Why it matters: The bounce looks like a speculative reversal within a downtrend: without MACD confirmation and institutional inflows, the rally could quickly fade.
Source: DiarioBitcoin