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Zilliqa (ZIL) Up 4.35% Saturday: What's Next?

Saturday, August 06, 2022 07:01 PM | InvestorsObserver Analysts
Zilliqa (ZIL) Up 4.35% Saturday: What's Next?

Zilliqa (ZIL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has advanced 4.35% to $0.0464316599.

volatility - 36
InvestorsObserver is giving Zilliqa a 36 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 36, placing it in the bottom 36% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. ZIL's moderate volatility reading pairs 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 trading above resistance. With support set at $0.0429740129222382 and resistance at $0.0456676809300889. This positions Zilliqa out of range and potentially in a volatile position if the rally burns out.

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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