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Zilliqa Amidst the Huge Breakdown in the Market

Zilliqa has recently released the long-awaited Ledger Nano S app. to help the crypto enthusiasts in securely storing ZIL chips. Further, the foundation also released a simple guide on how to use this app.

Zilliqa Price Comparison:

To have a better understanding of variation in Zilliqa, let’s compare its current price with 25-days back. On August 31, the altcoin was trading at 0.0071 USD and from there, the coin is trading with a dip of 31.98%. Similarly, in the weekly chart, the crypto marked a huge breakdown of 36.02% from the market price of 0.0075 USD on September 19. Further, in the intraday trading, the coin opened at 0.006377 USD and with an enormous crackdown of 20.44%, wrapped the day at 0.005074 USD.

According to our ZIL price prediction and analysis, Zilliqa will give some good returns to the investors in the future. For now, the crypto is facing immediate resistance at 0.006 USD and support at 0.004597 USD.

The launch of ledger app is good news for all those who wish to store ZIL token. However, the whole crypto space is facing a declining trend, but a loss for some is an opportunity for others and those who want to invest in altcoins; this is the right time.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.