Zilliqa (ZIL) Price Drops 4.5%: Technical Analysis & Prediction
• Zilliqa (ZIL) is currently trading at $0.02712, with a 24-hour trading volume of $139,681,488 and a total supply of 16 billion coins.
• Based on technical analysis, 14 indicators show bullish signals and 16 bearish signals.
• According to the current Zilliqa price prediction, ZIL is expected to drop by -9.46% by January 30, 2023, reaching $0.024456.
Zilliqa is a blockchain platform that emphasizes scalability and differentiation from other altcoins. The unique selling point of Zilliqa is its scalability and ability to handle thousands of transactions per second. As of January 25, 2023, the price of Zilliqa (ZIL) is down 4.5%, with a 24-hour trading volume of $139,681,488 and a total supply of 16 billion coins. ZIL currently trades at $0.02712.
Based on technical analysis, 14 indicators show bullish signals and 16 bearish signals, according to our current Zilliqa price prediction. By January 30, 2023, ZIL is expected to drop by -9.46% and reach $0.024456. By February 24, 2023, Zilliqa’s 200-day SMA will fall and hit $0.029509, and its 50-Day SMA is expected to reach $0.031235.
The scalability of Zilliqa is the main factor to consider when making a decision about investing in ZIL. The platform is still in its early stages, but has already seen strong adoption, with many users taking advantage of its infrastructure and capabilities. As the platform matures, Zilliqa’s price could increase substantially. For now, investors should consider the current Zilliqa price prediction before making any decisions. As with any investment, it is important to conduct thorough research before investing in cryptocurrencies, and ZIL is no exception.