Zilliqa receives an average long-term technical score of 65 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
ZIL currently holds a superior long-term technical analysis score than 65% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
ZIL is currently -$0.0306472 (-43.41%) below its 100-day moving average price of $0.070595297 with its current price of $0.039948104. Meanwhile, Zilliqa is $0.0103320 (-37007.08%) above its 52-week low price of $0.029616095 and -$0.18818005 (-4365.99%) below its 52-week high of $0.228128150. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 65. Trends for the long-term trading history of Zilliqa suggest that traders are currently neutral on the coin.
Zilliqa has a market capitalization of $520,379,988.81 and a relatively average average daily volume with $1,771,588,309.45 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ZIL’s volume is below its seven day average with 130,563,942.57 exchanged.
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
Trading patterns over the last year for Zilliqa leads to the coin’s an average long-term technical score of 65 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the coin.
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