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What's Next for Bullish Rated Zilliqa (ZIL)?

Monday, August 01, 2022 06:18 AM | InvestorsObserver Analysts
What's Next for Bullish Rated Zilliqa (ZIL)?

Zilliqa (ZIL) gets a bullish rating from InvestorsObserver Monday. The coin is up 1.25% to $0.0431265491 while the broader crypto market is down 1.26%.

Sentiment Score - ,
Zilliqa has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Zilliqa!

Bullish

Over the last five days, Zilliqa has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Zilliqa over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Zilliqa is currently trading near its five-day high of $0.0452351272106171. The coin is 4.66% off its five-day high and is 19.68% higher than its five-day low of $0.0360353477299213.

Zilliqa price is favorably positioned between support and resistance. With support set around $0.0413063084712765 and resistance at $0.0445572501054547, has some room to run before facing resistance.

Zilliqa has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Zilliqa

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