Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?

While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). However, as the chart shows, the price of Zilliqa is currently inside a resistance area, in which it’s not expected to see a further move to the upside.

The breakout of this range caused a substantial rally as the price of Zilliqa rallied by 330% in the BTC pair. It’s likely to expect a correction on Zilliqa, after which the previous support zones at 0.00000160-0.00000170 sats and 0.00000127-0.00000138 sats are potential areas to look for support.

Timeline of Bitcoin, Zilliqa, Theta