ZILLIQA Price Prediction: Long-term (ZIL) Value Forecast – June 22
- ZIL/USD market valuation may continue moving within its current range zones.
- The lower range mark at $0.020 mark will be broken down to possibly, later on; find a new low point at $0.015.
ZIL/USD Long-term Trend – Ranging
- Distribution territories: $0.035, $0.04, $0.045
- Accumulation territories: $0.015, $0.01, $0.005
ZILLIQA price worth struggled to surge past its upper range line at $0.025 mark between June 16 and 17 On June 18, the pair began to fall within the range zones it has been keeping over a couple of weeks. Price has now been fluttering around its 50-day SMA indicator near the lower range spot at $0.020.
The 14-day SMA trading indicator is a bit located over the 50-day SMA within the choppy zones. The Stochastic Oscillators have moved down to touch range 20. They may soon begin to consolidate around it. The crypto’s bullish potentiality of the ZIL/USD market now seems not having the required energy to push out of the current ranging zones
Therefore, the bears have been mostly succeeding in forcing the market line downward while hovering around the $0.025 upper range spot. An indication has been noticed that soon afterward, the lower range mark at $0.020 mark will be broken down to possibly, later on; find a new low point at $0.015. That assumption may as well be in the womb of time.
Live Zilliqa (ZIL) Price:
1 ZIL/USD =$0.1898 change ~ 1.18%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.