Zilliqa receives a strong long-term technical score of 82 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, ZIL holds a superior long-term technical analysis score than 82% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.
Trading Analysis
ZIL is currently $0.0400000 (69.06%) above its 100-day moving average price of $0.060000000 with its current price of $0.110000000. Meanwhile, Zilliqa is $0.0800000 (-32547.59%) above its 52-week low price of $0.030000000 and -$0.15000000 (-3858.91%) below its 52-week high of $0.260000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 82. Trends for the long-term trading history of Zilliqa suggest that traders are currently neutral on the coin.
Zilliqa currently has a total market cap of $1,390,776,502.52 to go along with its average daily volume of $4,424,858,027.04 worth of the currency over the past seven days. ZIL’s volume is below its seven day average as of the past 24 hours, with 275,539,236.90 exchanged in that period.
This coin’s subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.
Summary
ZIL’s historical trading over the past year gives it a a strong long-term technical score of 82 as its price movement in that time has given investors reason to be neutral on the coin in the long-term.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter