Zilliqa Price is trading below the important trend line which where support levels to hold the trend up. Now it is trading below them that is meaning that the trend is now bearish. The next times there can come a consolidation before going ahead and going more downside. When ZILUSD falls below the 55-EMA this will be a bearish sign.
Zilliqa Price Analysis: 1 Day Chart
The RSI is consolidating in the middle line this means it can continue to the oversold region. The MACD made a bearish cross which is certainly highly bearish. Overall the trend goes to the downside so it is possible to see more of it the next time.
- TREND: Down
- EXPECTATION: More downside
- BECAUSE: Trendline broken
- PREV: 0.01807300
- OPEN: 0.01966000
- VOLUME: 320.889K
- DAY’S RANGE: 0.01736400 — 0.02189300
- Breaking: Luna Foundation Guard Member Says Terra Reserves En Route
- Just-In: El Salvador To Discuss Bitcoin Adoption With 44 Countries
- Ethereum Founder Says A Terra Bailout Should Target These Holders
- FTX Chief Sam Bankman-Fried thinks Bitcoin Has No Future As A Payments System
- Polygon Team Working With Terra Projects to Help Them Swiftly Migrate to Polygon Network
- Where Is Terra’s (LUNA) Enormous Bitcoin Reserve?
- Binance CEO CZ Clears Air On Their Investment In Terra LUNA
- LUNA Price Jumps 1500%, Time To Buy Or Another Trap?
- Terra Founder Proposes Revival Plan But LUNA 2.0 Shall Be An Uphill Task, Here’s Why
- Just-In: Circle Mints 8.4 Billion USDC Within 7 Days, Why?
- ETH Price Analysis: Consolidation Range Soon To Launch ETH Above $2250
- Bitcoin Price Analysis: Triangle Breakout Sets BTC Rally To $32000 Mark
- LUNA Price Analysis: Opportunity to Buy Cheap or A Bull Trap?
- Decentraland Price Analysis: MANA Price Prepares For 60% Gains; Are You Buying?
- SOL Price Analysis: Is $60.0 Around The Corner On The 4-hour Chart?
- DOGE Price Analysis: Wedge Pattern Retest Phase Warns $0.08 Fallout
- Ripple Price Analysis: XRP Price Remains Pressured below $0.50; Is Selling A Good Choice?
- TRX Price Analysis: Fallout of $0.075 Support Hints 18% Drop in TRX
- Ethereum Price Forecast: Is The Dip Over Or There Is More Pain Ahead?
- MANA Price May Tumble By 42%; Here’s Why
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto Stories
View all
