Siacoin (SC) Poised for Growth? Key Fractal Indicators Suggest Possible Upsurge

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 22 2025

Market Overview: The cryptocurrency market is experiencing a pullback, with Ethereum (ETH) declining 7% to $4,300 from its peak of $4,780, while Siacoin (SC) shows resilience with a 5% gain today.
Fractal Pattern Analysis: Siacoin is forming a descending triangle pattern on its daily chart, which historically has led to bullish reversals when buyers defend the support level.
Historical Context: A similar setup in late 2023 resulted in a significant 504% rally for SC after bouncing off the triangle's lower boundary and breaking above key resistance levels.
Future Projections: If SC can close above its 200-day moving average, it could target a potential upside of 145% towards $0.0083; however, caution is advised as failure to break out may lead to further consolidation.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Siacoin (SC) Poised for Growth? Key Fractal Indicators Suggest Possible Upsurge

About the author

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