Moving averages are a lagging indicator which means they are based on previous price action. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a popular indicator in all financial markets. Popular SYLO Moving Averages and Oscillators for Fri, May 05, 2023
Currently, the RSI value is at 38.03, which indicates that the SYLO market is in a neutral position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Sylo's short-term 50-Day SMA is estimated to hit $ 0.002006 by Jun 04, 2023. Meanwhile, a Golden Cross last occurred on Aug 02, 2022, which was 276 days ago.īased on our technical indicators, Sylo's 200-day SMA will drop in the next month and will hit $ 0.002124 by Jun 04, 2023.
The most recent Death Cross in the Bitcoin market happened 249 days ago, on Aug 29, 2022. The price of Sylo is currently below the 50-day SMA and this indicator has been signaling SELL for the last 11 days, since Apr 24, 2023.
The 200-day SMA has been signaling SELL for the last 18 days, since Apr 17, 2023. Sylo is currently trading below the 200-day simple moving average (SMA). Sylo Predictions for years 2023, 20 Based on Tech Growth
#Sylo coin price prediction professional#
Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Sylo forecast, it's now a bad time to buy Sylo.ĭisclaimer: This is not investment advice. Sylo recorded 14/30 (47%) green days with 7.26% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 61 (Greed). This scalability is already on show within the projects flagship app, the Sylo Smart Wallet a decentralised, private messenger and crypto wallet with over a quarter million users.According to our current Sylo price prediction, the value of Sylo is predicted to rise by 13.68% and reach $ 0.002097 by May 10, 2023. A staking architecture and unique probabilistic ticketing solution ensure minimal transaction fees and limitless scalability. User-run Service Peers provide infrastructure to the network which allows developers and businesses to run privacy-first, unstoppable apps without deploying any infrastructure of their own. Sylo is a decentralised communication and data exchange network powered by a layer 2 micropayments infrastructure and the $SYLO token. The Sylo DApp will be released in public beta in Q4 this year. The fully decentralised Sylo DApp will be the 1st application built on the blockchain-based Sylo Protocol, using technology already commercialised in the Sylo App that’s currently used by thousands globally, available on Apple Store and Google Play Store. Powered by blockchain and combined with other decentralised technologies, this Protocol will act as the networking layer for the Sylo DApp and 3rd-party connected-apps, while providing charging options for specific communications and services over the network. The Sylo Protocol is being developed to provide fully decentralised confidential communication as a utility to all connected-apps within the Sylo ecosystem. The protocol acts as the confidential networking layer for the Sylo App, creating P2P connections and providing a way for users to interact and exchange data confidentially. The Sylo Protocol provides confidential communication as a utility to the Sylo Confidential Communication App.
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