Siacoin has recently come up with a third-party app named Equinox v1.5.0. This app is likely to help both the users and the developers. It aims at improving the Skynet performance and let Skynet nodes to accommodate 100X users. It will also improve the data sharing process across the network significantly.
If we look at the advancement of Siacoin in terms of price performance, the currency persists downward momentum after hitting $0.0040 mark yesterday.
Over the last week, Siacoin was on the verge of slow & steady recovery, but yesterday after testing its previous resistance $0.0040, it started a downside correction. Over the last 24 hours, SC price marked slight growth despite the bearish hold.
Yesterday, Siacoin’s price spotted at $0.0036 in the first hour. Then, it marked a significant escalation and crossed a $0.0040 mark. It was the highest point for Siacoin in the day. However, it soon retracted, and just before 15:00 UTC, the coin retested the previous support around $0.0036. Later, it marked a slight recovery, but the currency continued to hover around $0.0037.
Today, Siacoin managed to regain momentum but couldn’t cross $0.0040 mark, and around $0.003952, it faced rejection. At the time of writing, SC price spotted at $0.003802. The MACD indicator shows a bullish crossover. However, as per the current momentum and siacoin price prediction, Siacoin might correct down to its crucial support of around $0.0037 before making any steep movement.