ZILLIQA Price Prediction: Long-term (ZIL) Value Forecast – July 18

  • The US dollar still outweighs the market valuation of ZILLIQA.
  • The ZIL/USD market bulls appear to have built their foundation around $0.009 and $0.008 price levels.

ZIL/USD Medium-term Trend – Bearish

  • Resistance levels: $0.014, $0.016, $0.018
  • Support levels: $0.006, $0.004, $0.002

The US dollar in its consolidation pushing efforts still notably outweighs the market valuation of ZILLIQA over time in the medium-term run. The downward pressures have been occurring on a lighter mote around the trend-line of the Bollinger Lower Band lately. Presently, the market has a bit moved towards the Bollinger Middle Band to trade around it.

The 50-day SMA trading indicator is situated over the Bollinger Bands. And, they all briefly point to the south to indicate that market depressions are not over yet. The Stochastic Oscillators have slantingly headed northward towards range 80.

The crypto’s price may experience a line of consolidation price movements around $0.012 mark. After a while, price action will take it to turn to determine a definite market’s direction. And, that is expected to be in favor of the bears on a short-live note.

ZIL/USD Short-term Trend – Ranging

There have been nascent range price moves in the short-term run of ZIL/USD market today. The choppy moves of the crypto-market have been featuring around $0.011 and $0.01 price levels. During the trading operations of yesterday, the pair tended slowly towards the north from a low point around the trend-line of the Bollinger Lower Band.

The 50-day SMA and the Bollinger Lower Band are a bit over $0.01 mark. The stochastic Oscillators have crossed the hairs past range 60. And, they now point to the north below range 80.

The short-term ranging trend settings support that the bulls are strongly mustering energy in this crypto-trade. And, they appear to have built their foundation around $0.009 and $0.008 price levels.

Zilliqa:

Live Zilliqa (ZIL) Price:

1 ZIL/USD =$0.0155 change ~ -7.68%

Coin Market Cap

$161.43 Million

24 Hour Volume

$4.97 Million

24 Hour VWAP

$0

24 Hour Change

$-0.0012

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,485FansLike
2,795FollowersFollow
4,262FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

VeChain Joins China Animal Health and Food Safety Alliance (CAFA)

VeChain has joined the China Animal Health and Food Safety Alliance (CAFA) as one of its council members and will be providing them technical...

Coinbase Pro to Pass the Rising Network Fees Onto The Customer During Withdrawals

The launch of UNI, the governance token of Uniswap DEX, is having a big impact on the Ethereum network. The good thing is the price...

Homeland Security Calls On Freelancers to Design A Digital Wallet Interface; $25k to Finalists

The Science and Technology Directorate (S&T) division of the US Department of Homeland Security has allocated up to $25,000 in prizes as an...

BoE Explores Negative Rates; Bitcoin Is A ‘Must' Because Fiat is a ‘Giant Ponzi Scheme'

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0.7% against the dollar after...

Nexus Mutual Sees Active Cover Growing 10x, Now Token Price ‘Directly Linked to Adoption'

“DeFi is developing faster than you can say ‘protect me from the risks in DeFi’,” said Kayleigh Petrie, Director of Engagement at Nexus Mutual,...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today