- The trading volume of the ZIL crypto has been smoothly advancing for the last 24 hours.
- In the last 30 days, the Zilliqa coin price has given a return of 21.7%.
Zilliqa is a scalable and secure blockchain platform that uses sharding and pBFT consensus. It has a smart contract language called Scilla that ensures safety and security. Zilliqa enables decentralized applications in various domains, such as finance, gaming, and digital advertising.
The market cap dominance of the Zilliqa coin is 0.025% as per Coingecko. That results in a market cap rank of #142 and the volume/market cap ratio of the crypto is 0.0694.
The market cap of the ZIL crypto has advanced by 4.3% in the last 24 hours, resulting in $428.553M. Moreover, the spot trading volume of ZIL crypto has shown an advance of 36.9%. Besides, the derivative trading volume has also increased by 48.36%.
In the last 24 hours, the open interest of the ZIL crypto has increased by 17.3% resulting in $22.80M. Moreover, it has witnessed a higher short liquidation of $40.16K against the long liquidation of $15.40K. The current long/short ratio of Zilliqa is 0.9387.
Zilliqa Token Overview
Zilliqa has a circulating supply of 17.372B ZIL and the total supply of the crypto is 18.506B ZIL. This cryptocurrency has a max supply of 21.0B ZIL and the fully diluted market cap of the crypto is $517.086M. The number of coin holders of the Zilliqa token has not changed in recent times and the resultant number in 23.4K holders.
ZIL Technical Analysis
The ZIL crypto price is trading in a small range and has a crucial change of character level at $0.03728. If the price gains momentum and breaks above the following level, a surge in the crypto can be seen in the upcoming days.
It is currently forming a lower low swing but has formed bullish candlesticks on the chart, which can be the possibility of a change in the trend.
The Bollinger band values are slowly advancing with the advance in the crypto trading price. Moreover, the 50-day and the 200-day EMA are also trading in a golden cross and the crypto price is sustaining above the same.
The RSI is currently trading at a level of 60.20 and has come to this level from the overbought zone. This behavior of the RSI represents that the ZIL crypto price is following a bullish momentum.
Conclusion
ZIL crypto has shown positive signs of breaking above the resistance level and the EMAs. This coin’s price has a strong potential to skyrocket to new highs if it maintains its bullish momentum and breaks above the level of $0.3700, which will lead to a strong uptrend.Â
Technical Levels
Support Levels: $0.00230 and $0.0150
Resistance levels:$0.0496 and $0.09850
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
