Zilliqa (ZIL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has advanced 16.55% to $0.05436551999.
Moderately Volatile
InvestorsObserver gives Zilliqa a moderate volatility rank of 64, placing it in the top 36% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
ZIL’s moderate volatility reading is coupled 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 near resistance. With support near $0.0396547237101796 and resistance near $0.0544838191632035. This positions Zilliqa with potential selling pressures ahead as it may be getting over extended.
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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