- Zilliqa price has given a strong breakout and can soon see a new high in the future. Meanwhile, the asset has seen a pump of more than 12% in the intraday session.
- The technical indicators of ZIL hint towards a strong upside pattern for the future. In contrast, the ZIL/BTC pair is also up by more than 2.04%.
Why To Invest In ZIL Crypto?
ZIL crypto price is currently seeing a breakout in the daily chart and can soon see a new high. Zilliqa coin is exchanging close to the worth of $0.0509 and has seen a pump of over 12% in the intraday session. The resource has an ROI of 1238%, which has helped different classes of money-related supporters in the past.
Zilliqa is an unparalleled presentation and decentralized blockchain with the constraint of finishing a gigantic number of exchanges merely in seconds. The asset has a most incredible heap of 21 billion tokens. It was first made as a course of action for Erc-20 token as a piece of their delegate age in JAN 2018. The resource was made to clarify that the entire token can be mined inside a time of 10 years. Zilliqa network is traversed PBFT game plan shows which are altogether helpful. One can put resources into ZIL as demonstrated by their necessities and assets needs
Bulls Of ZIL Crypto Price Are Ready For The Next Pump
The weekly technical chart of Zilliqa price hints towards a strong upside trend and can soon see a new high in the future. In contrast, the coin price has seen a pump of more than 12% in the intraday session. ZIL price upside trend may face a threat near the value of $0.08. The support price of the asset in the downtrend can be seen near $0.03. ZIL coin price is currently trading below 200 and 50 Daily Moving Average, with an upcoming bearish crossover. The 50 DMA of the asset has been near the value of $0.06, which can act as a temporary hostile region for the price. The coin price is currently forming a bullish pattern that can push to a new high. If the asset price jumps 15 to 20% above the current level, a strong momentum can be seen. ZIL/BTC pair might also see a strong trend in the future
Conclusion
ZIL coin price is currently seeing a strong trend and can soon see a breakout to a new high. ZIL/BTC pair can also see a strong trend in the future. An Investor can do their due diligence before investing in Zilliqa.
Technical Levels
Major Support:$0.08
Major Resistance:$0.03
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.