Zilliqa Price Analysis: ZILUSD Trading Below Trendline, More Downward Action Expected For ZIL

Published by

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.

Advertisement

Zilliqa Price Analysis: 1 Day Chart

Zilliqa Price Analysis

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
Advertisement

Share
Vince Prince

Vince is an experienced trader, investor and financial analyst within the markets in which he concentrates on the cryptocurrencies and decent opportunities within them to trade in a professional oriented manner. You can follow him at trading view market insight at: https://www.tradingview.com/u/VincePrince/ Or you can join his telegram channel: https://t.me/vinceprince_channel

Published by

Recent Posts

  • Bitcoin News

Peter Brandt Flips Bullish on Bitcoin, Ethereum, XRP, and XLM

Veteran trader Peter Brandt is now bullish on Bitcoin, Ethereum, XRP, and XLM after earlier…

October 12, 2025
  • 24/7 Cryptocurrency News

Binance to Compensate Users After Ethena’s USDe Depeg During Crypto Market Crash

Binance said it will compensate users affected by Friday night’s massive crypto selloff that caused…

October 11, 2025
  • 24/7 Cryptocurrency News

Tom Lee’s Fundstrat Predicts Ethereum Rally to $5,500 Following ETH ‘Bottom’

Fundstrat's analyst Mark Newton is doubling down on their Ethereum prediction of a rally above…

October 11, 2025
  • Bitcoin News

Is the Bitcoin Top In? Raoul Pal Signals Higher Liquidity Cycle Despite Market Selloff

Raoul Pal, the founder of Real Vision, has reaffirmed his bullish stance on the crypto…

October 11, 2025
  • 24/7 Cryptocurrency News

Expert Says XRP ETF Approval Is ‘Getting Close’ As Issuers File Amendments

XRP ETF issuers have filed amendments for their respective registration statements, providing optimism even as…

October 11, 2025
  • 24/7 Cryptocurrency News

Hyperliquid DEX Outperforms Top Crypto Exchanges Coinbase, Binance, Robinhood With Zero Downtime

Today's crypto market crash triggered major congestion at some of the top centralized exchanges like…

October 11, 2025