Zilliqa, with a bullish movement recorded since the beginning of the ongoing month, is now one of the top 40 cryptocurrencies of the global market, which was then trading amongst the top 50 has now leaped to an amplifying position after a steep hike in the price to $0.100. ZIL/USD currently trades with daily correction but is clearly maintaining its stance above $0.075 but is below $0.080, the nearest resistance price.
Zilliqa’s price explosion in the previous week was predicted in ZIL price prediction because the coin and the native platform are worth investing and hold a clear capability of trading with utmost bullishness.
Zilliqa is surrounded by many positive sentiments on Twitter, and with a majority of the investors supporting investments in ZIL, there is a positive reflection of an amplified market cap. With the complete strengthening of the ZIL coin and a steep hike, the crypto has already breached the upper band and currently exhibits a massively volatile movement with an absolute bullish divergence.
Zilliqa Price Analysis
Alongside, if we gaze at the 3-hourly monthly movement, it is clear that Zilliqa started a strengthening sharply in the last month of the ongoing year, which otherwise was seen trading flattened.
However, with intraday rejection and downside correction below $0.080, the price of Zilliqa is breaching the lower BB with a confirmed bearish crossover on MACD. The RSI also negatively turns towards the oversold region and lies at 44.05 after a dip from the YTD high. To know further about Zilliqa price prediction, you can check out our cryptocurrency news page.