Sky (SKY) Poised to Extend the Broader Bullish Trend

The Sky coin has emerged as one of the better-performing cryptocurrencies as of today, December 24, 2025. Although the token has recorded a modest price increase of roughly 2%, it still ranks among the top performers—highlighting the subdued state of the broader crypto market. Nevertheless, a closer examination of SKY’s price action reveals signs of optimism. Let’s take a closer look at the market below.

Sky Statistics

Current Price: $0.6606

Market Capitalization: $1.53B

Circulating Supply: 22.94B

Total Supply: 23.46B

CoinMarketCap Rank: 47

Key Levels

Resistance: $0.07000, $0.07500, $0.08000

Support: $0.06500, $0.06000, $0.05500

Sky Rebounds to Continue Its Upside Correction

On the daily chart, SKY/USDT price action has maintained a generally upward trajectory for the past month.

Despite a few pauses along the way, the market has repeatedly regained bullish momentum. The most recent candle is bullish and trades above the 9-day Exponential Moving Average (EMA).

Meanwhile, the Stochastic Relative Strength Index (SRSI) indicator lines remain above the 80 level, although they have edged slightly lower toward that threshold. For now, this pullback appears minor, especially as price action continues to hold above the 9-day EMA.

SKY Preserves Its Smooth Upward Reversal

Turning to the 4-hour chart, SKY price activity suggests that the upward move may continue.

The latest candle is also bullish and positioned above the 9-day EMA, reinforcing the view that buying pressure remains dominant. At the same time, the SRSI indicator lines are steadily rising from the oversold region.

From a technical standpoint, the market appears aligned to test the $0.07000 resistance level at a minimum in the near term.

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