Zilliqa Price Analysis:
Zilliqa (ZIL) became the first Blockchain to launch its MainNet through “Sharding”. Sharding is based on idea which means” divide and rule” in which transaction are divide into smaller units for mining to perform parallel verification of transactions.
If you are many of the Zilliqa coin holder this Zilliqa Price Analysis is very important for your trading. It will let you know about the current status and about forecast prediction of coin.
Zilliqa News:
Jiayaoqa give his point on Zilliqa (ZIL) on 30 June in his Tweet
Before founding Zilliqa, I was doing a lot of work on privacy-preserving protocols and systems. Glad to know one of the papers is accepted by RAID https://www.raid-2019.org/accepted.html, “PRO-ORAM: Constant Latency Read-Only Oblivious RAM”. Hope we can bring some concepts into Blockchain space.
Zilliqa (ZIL) gave a proposal to all exchanges of cryptocurrency
A call to all exchanges: Please reach out to us as soon as possible if you wish to enable Zilliqa #tokenswap on your platform.
Statistics:
- The total market cap of Zilliqa (ZIL) is $143,693,312 USD and 12,683 BTC.
- The 24 hour volume is $16,788,320 USD and 1,482 BTC.
- The total circulating supply of Zilliqa (ZIL) is 8,687,360,058 ZIL.
- Zilliqa (ZIL) rank on Coin Market Cap is #62.
Price of Zilliqa
The current price of Zilliqa (ZIL) is $0.016541 USD and 0.00000146 BTC.
Comparison:
Trend line of Zilliqa (ZIL) is affected by continuous volatility. The bullish and bearish patterns are moving side by side making a rectangular pattern. The strong resistance level is at $0.027 USD and support level at $0.015 USD.
Zilliqa (ZIL) Price Prediction:
The coming week forecast prediction about the price value of Zilliqa (ZIL) clearly telling us about the tumbling of price value to its lowest value.
Source: WalletInvestor.com
The long term condition of Zilliqa is very bad. The chart showing us the gradual declining of trend line over the next year.
Source: WalletInvestor.com
- The respective resistance levels of Zilliqa (ZIL) are $0.0186 USD, $0.0180USD and 0.0173 USD.
- The respective Support levels are $0.0159USD, $0.0153USD and $0.0146 USD
Conclusion:
Technical analysis coin is clearly showing that, Zilliqa (ZIL) will slump in near future. Selling pressure is dominating and bearish trend is in control.
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