Latest Ski Mask Dog (SKI) Price Analysis

By CMC AI
05 September 2025 06:21PM (UTC+0)

Why is SKI’s price down today? (05/09/2025)

TLDR

Ski Mask Dog (SKI) fell 5.71% over the last 24h, underperforming the broader crypto market (+0.35%). Here are the main factors:

  1. Exchange delisting impact – LBank removed SKI perpetual contracts on August 8, reducing liquidity.

  2. Technical weakness – Price broke below key moving averages ($0.0558 SMA30) with bearish RSI/MACD signals.

  3. Meme coin volatility – Low-cap projects like SKI face amplified swings amid muted altcoin sentiment.

Deep Dive

1. Exchange Delisting (Bearish Impact)

Overview: LBank Futures delisted SKI perpetual contracts on August 8, 2025, forcing automatic settlement of open positions. While this event occurred three weeks ago, reduced market access likely contributed to lingering liquidity concerns.

What this means: Derivatives delistings often signal reduced institutional interest and limit trading avenues. SKI’s 24h turnover (2.79%) remains below the 5% liquidity benchmark, increasing slippage risks.

2. Technical Breakdown (Bearish Impact)

Overview: SKI trades at $0.0426, below its 30-day SMA ($0.0558) and 200-day SMA ($0.0569). The RSI (41.49) shows neutral momentum, but the MACD histogram (-0.000292) confirms bearish divergence.

What this means: Sustained trading below $0.044 (pivot point) suggests weak buyer conviction. A retest of the July 14 swing low ($0.0347) becomes plausible if selling pressure persists.

3. Meme Coin Sentiment (Mixed Impact)

Overview: SKI rose 53.5% during the July 14 market rally but has since retraced 55.6%. The Altcoin Season Index (52/100) reflects muted risk appetite for low-cap tokens.

What this means: Meme coins often decouple from Bitcoin during neutral/bear markets. SKI’s 24h volume ($1.17M) lags behind July’s peak ($180.5M), indicating fading speculative interest.

Conclusion

SKI’s decline reflects reduced exchange support, technical deterioration, and cooling meme coin demand. While community-driven rallies remain possible, the lack of fundamental catalysts heightens downside risks. Key watch: Can SKI hold the $0.04 psychological level, or will delisting ripple effects trigger deeper corrections?

Why is SKI’s price up today? (03/09/2025)

TLDR

Ski Mask Dog (SKI) rose 9.71% over the last 24h, outpacing the broader crypto market’s +0.89% gain. This follows a 13.84% decline over the past month. Key factors:

  1. Community Momentum – Recent social media campaigns boosted retail interest

  2. Altcoin Rotation – Capital shifted to low-cap coins amid rising altcoin sentiment

  3. Technical Breakout – Price reclaimed key moving averages

Deep Dive

1. Community Momentum (Bullish Impact)

Overview: SKI’s team intensified social media engagement, posting masked dog photos and rallying calls like “everything the mask touches is part of our movement” to 18 August 2025. Memecoins often react strongly to coordinated community efforts.

What this means: Viral visual campaigns can trigger FOMO among retail traders, especially for tokens with smaller market caps like SKI ($49.8M). The 24h trading volume of $1.01M suggests retail-driven liquidity, typical of community-focused tokens.

What to look out for: Sustained social media activity metrics (likes, retweets) and new meme formats.

2. Altcoin Rotation (Mixed Impact)

Overview: The CMC Altcoin Season Index rose 10% in 24h to 55, signaling growing risk appetite. SKI’s 24h gain aligns with this trend, though its 30-day underperformance (-13.84%) shows lingering volatility.

What this means: Low-cap coins like SKI often surge during altcoin rotations, but their thin liquidity (2.04% turnover ratio) amplifies both gains and risks. The mixed 60-day (+14.19%) and 90-day (-1.36%) returns highlight speculative churn.

3. Technical Breakout (Neutral-Bullish Impact)

Overview: SKI reclaimed its 7-day SMA ($0.0433) and 30-day EMA ($0.0538), with RSI-14 at 43.54 – neither overbought nor oversold. The MACD histogram (-0.0011192) shows weakening bearish momentum.

What this means: Technical traders may interpret the move above key averages as a short-term bullish signal, though resistance looms at the 23.6% Fibonacci level ($0.0712).

Conclusion

SKI’s rally combines meme-driven retail interest with favorable altcoin market conditions, though its fundamentals remain speculative. The token faces immediate technical resistance while benefiting from broader crypto risk-on flows.

Key watch: Can SKI hold above its 30-day EMA ($0.0538) to confirm a trend reversal, or will profit-taking erase gains?

CMC AI can make mistakes. Not financial advice.