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Zilliqa (ZIL) Falls 0.03%, Underperforms the Crypto Market Tuesday

Tuesday, July 05, 2022 09:08 AM | InvestorsObserver Analysts
Zilliqa (ZIL) Falls 0.03%, Underperforms the Crypto Market Tuesday

Zilliqa (ZIL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has lost 3.36% to $0.03770125461.

volatility - 48
InvestorsObserver is giving Zilliqa a 48 Volatility Rank. Find out what this means to you and get the rest of the rankings on Zilliqa!

Moderately Volatile

InvestorsObserver gives Zilliqa a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ZIL's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Zilliqa price is in a good position going forward. With support at $0.0359565929943439 and resistance around $0.0384750382477161. This leaves Zilliqa with room to run before facing selling pressures.

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 used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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