Siacoin (SC) is the native cryptocurrency powering the Sia network, a decentralized cloud storage platform. It allows users to securely rent out or lease unused hard drive space.

All transactions for storage services are conducted in Siacoin, creating a trustless, efficient, and decentralized ecosystem for data storage.

Siacoin (SC) Price Overview

-Siacoin is trading at $0.002853 with a 24-hour volume of $19.36M, down 3.07% since yesterday.
-It has a circulating supply of 56.02 billion SC. SC is down 96.93% from its ATH and up 22505.24% from its ATL.

Technical Analysis

-Bearish crossover between 5-day and 20-day SMAs signals short-term downward price momentum.
-50-day and 200-day SMA crossover suggests a prolonged bearish trend in the broader outlook.
-RSI at 19.04 and MACD at -0.000057 reflect oversold conditions and mild downward pressure.

Market Sentiments

-Stochastic K at 1.33 indicates potential bullish reversal from oversold territory.
-ROC at -12.42 reflects moderate negative price momentum but not a steep decline.

Institutional Interest
-MFI at 58.98 implies decent liquidity and healthy capital flow into the SC market.
-Neutral volatility at 3.04% shows stable trading, attracting cautious institutional participants.

Siacoin continues to establish itself as a reliable and secure player in the decentralized cloud storage market. With its trustless architecture and growing utility, SC holds strong long-term potential. Have a look at SC Price Insight
https://coinpedia.org/price-prediction/siacoin-sc-price-prediction/

Warned you all a month ago
Hope you got on sia coin train
This train is unstoppable

Can Siacoin reach $1?

Sia coin (Sc) on the go
No stopping for this gem

Is this baby still alive?!