ZILLIQA Price Analysis: MA-5 along with MA-10 and 20 shows to sell the coin.

  • ZIL is available in over 170 countries by Binance. In terms of purchasing and trading, ZIL works.
  • The token has a block height of 1,351,291 and DS height of 13,513. Nodes with the number 2,400 and their TPS is 0.15.
  • The RSI oscillator for ZIL shows the NEUTRAL action.

The ZIL has recently formed three outside up patterns. The last known price of the token, ZIL, is 0.1028 and is up by 2.75% over the last 24 hours. It has the current trading volume(s) of 152,347,642 with a loss of 24.85% over the last 24 hours. ZIL has addresses of 14,624 holders with the active transfer(s) of 264,324 in the last 24 hours. 

It has a circulating supply of 11,596,588,744 ZIL coins and a max. supply of 21,000,000,000 ZIL coins. Its total supply (The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.) is 14,887,823,440.

ZIL has a total stake (35.02% of circulating supply) of 5,199,089,176 ZIL with its delegators of 96,459. 

BLOCKS FORMED

The chart above (1) shows the movement of ZIL where 200 DMA is running above it but DMA-50 is below it. We see the token with respect to SMA’s which are 20, 50 and 200 and it is SMA-20 which is below one SMA and above the other.

SMA’s, that is (SMA-200) is above and the other(SMA-50) is below  it (SMA-20). We see a downward pattern marked under the trendline of 1 Day duration. The trend line marked shows this downwards shifting. The candles forming now are gaining pace and from the $0.7721 zone, pace has been continuing.

At present the token is set to BUY. ZIL has provided returns of 10% on an average of the last 50 days.

An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 48.287 and marks the neutral action. MA-5, MA-10 and MA-20 show the sell action whereas MA-100 and MA-200 show the same buy action.

The bull/bear power has the value of -0.0021 and shows the sell action. The high/low marks the sell action with the value of -0.0009.

The ZIL-BTC pair is trailing at the level of 0.000002239 and the gain of 2.24% was seen whereas the ZIL-ETH pair is trailing at the level of 0.00003223 and the high of 1.28% was seen in the last 24 hours. The volume/market cap of the token is 0.1274 and its market dominance is 0.06%.

Conclusion: The days range for the coin is 0.099640-0.106800 and presently is at 0.101640. The 24 hours high and low of the coin is 0.1067 and 0.09971 respectively. We observed that the coin has recently moved higher but it is expected to sink soon. So selling the token now would be beneficial. (This is an assumption)

Technical Instruments:

Pivot: 0.10318

R-1: 0.104303

R-2: 0.104997

S-1: 0.102057

S-2: 0.101363

Note:

  • The unit is USD
  • SMA-20: Green colour
  • SMA-50: Red colour
  • SMA-200: Blue colour