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Zilliqa [ZIL] might be headed an a downward trajectory but here's the caveat

ambcrypto.com

Zilliqa's native crypto ZIL enjoyed a healthy bullish performance during the weekend, pushing it up by roughly 52% from its 12 May bottom. The token's rally comes at a time when most of the top cryptocurrencies are experiencing a lot of sideways action.

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Bitcoin ZIL
$ 0.03717

Timeline of Zilliqa


Zilliqa Price Analysis: Channel Breakout Hints ZIL Price to hit $0.1 - Coingape

The falling channel pattern reflects an overall downtrend in Zilliqa(ZIL) price, which recently plunged to a low of $0.045. However, this altcoin escaped the uncertainty in the crypto market with a bullish breakout attempt from this channel pattern.


Here's what to expect from Zilliqa's near-term price action - AMBCrypto

The sellers were quick to unleash their underlying force after Zilliqa (ZIL) approached 200 EMA (green). This level also coincided with the upper trendline of the six-week-long down-channel (yellow).


Zilliqa: From 42% intra-day rally to dizzying volumes – what's going on in ZIL - AMBCrypto

Zilliqa (ZIL), a smart contract crypto has garnered significant attention since its inception. Well, it incorporated three main attributes: low cost, environmentally sustainable, and high scalability.


What's Happening on Zilliqa (ZIL) in Q1-2022? - Altcoin Buzz

Zilliqa has been in the limelight in recent times for all the right reasons. Amidst the bearish tendencies of Q1-2022, Zilliqa (ZIL) grew exponentially recording up to 4x price growth.


Zilliqa showcases solid gains, but will this trend continue? - Invezz

Zilliqa ZIL/USD is a smart contract blockchain platform that utilizes a technology known as sharding as a means of maximizing the number of transactions that can be performed at any given time. Furthermore, Zilliqa also utilizes a unique consensus mechanism, which is a combination of proof-of-work (PoW) and Practical Byzantine Fault Tolerance (PoW and pBFT). The post Zilliqa showcases solid gains, but will this trend continue? appeared first on Invezz.


Zilliqa [ZIL] registers gains of 45%, but shorting opportunity could arise at… - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Why exactly did Bitcoin climb past $39k again?


Zilliqa (ZIL) Increases By 37% In a Day: Multi-Coin Analysis - BeInCrypto

Be[in]Crypto takes a look at the price movement for seven different cryptocurrencies, including Zilliqa (ZIL), which increased considerably on May 4. The post Zilliqa (ZIL) Increases By 37% In a Day: Multi-Coin Analysis appeared first on BeInCrypto.


Zilliqa Token (ZIL) Prices Zoom By 40%; Here's Why - Coingape

Zilliqa (ZIL), the native token on the eponymous blockchain, is among the best performing cryptocurrencies in the past 24 hours amid a surge in social media interest. The ZIL token has surged by a whopping 40% in the last 24 hours, while its trading volume has zoomed by over 700% to $1.6 Billion in the The post Zilliqa Token (ZIL) Prices Zoom By 40%; Here's Why appeared first on CoinGape.


Zilliqa [ZIL] investors must watch out for these key levels - AMBCrypto

The last two weeks have seen Zilliqa (ZIL) continue its plummet below some key price levels dropping below its 200 EMA (green). The market structure finally saw some clash between buyers and sellers on the $0.06 floor.


Zilliqa Price Prediction: Bear Trap May Trigger Recovery Opportunity In ZIL - Coingape

Zilliqa's (ZIL) price witnessed a roller-coaster ride in the past two months, starting from a perpendicular rally near the March-end and then a striking dip in April. Furthermore, the ongoing correction has recently pierced the 0.786 Fibonacci retracement levels, but today's sudden price jump marks it as a false breakdown.

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