Zilliqa’s (ZIL) Hopes in the Crypto Markets Lie with the 50-Day M.A

Zilliqa (ZIL) has had an incredible run in the crypto markets since bottoming out in mid-March during the Coronavirus crash. Zilliqa’s Hopes in the Crypto Markets Lie with the 50-Day M.A To top it all off, the crypto exchange of Binance recently introduced the ZIL/USDT perpetual contract.

It is therefore easy to argue that the recent availability of the option to short ZIL/USDT might be behind Zilliqa’s wows in the crypto markets. However, all is not lost for bulls as the 50-Day moving average provides clues as to Zilliqa’s next moves in the markets.

Timeline of Zilliqa