Price Analysis

Zilliqa Price Analysis: ZIL Prices Fuels The Bull And Is Heading Towards Price Recovery

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Zilliqa (ZIL) started with a bearish trend has now risen on the intraday price chart. The coin is holding its 44th position tightly among the top 50 cryptocurrencies.

Talking about the movement of price in the cryptomarket, the prices of many altcoins have turned red. A very few coins are showing a steady recovery, and Zilliqa (ZIL) is one of them. Zilliqa has touched USD 0.026479 (90 Days High) and USD 0.025944 (30 Days High) in between April and May. The coin was dealing at $0.019497 at the beginning of the year. The data suggests a superlative hike in the price of Zilliqa from the beginning of the year.

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Current Statistics of Zilliqa (ZIL):

  • The coin is at USD 0.023033 and 0.00000289 BTC.
  • Zilliqa coin ROI stands at -83.17%.
  • The market cap if Zilliqa is USD 200,098,989.
  • The 24-hour of Zilliqa is USD 66,453,234.
  • Out of the total supply of 12,533,042,435 ZIL, the circulating supply of ZIL is 8,687,360,058 ZIL.

Zilliqa Price Chart - 10 June

The chart is taken from TradingView, on 10th June 2019, at 08:03:48 UTC. The coin started at $0.025 on 9th June with a bearish trend. In the first hour itself, the price was at the highest point of the day, i.e., $0.0252. Within 8hr, the price of Zilliqa fell and reached around $0.02308756. If we compare the regression from the highest point to the lowest, then 8.42% drop was observed. Talking about today’s movement, the opening price of Zilliqa was $0.023, and it is at $0.0244, showing a progression of 3.19%.

ZIL Price Prediction and Conclusion:

Zilliqa (ZIL) can touch $0.05 by the end of 2019. The coming year is expected to remain boring, but for the next few years, the hike could be beneficial. The short term investors are recommended to split the investment to cut short the risk. The long-term investors can go with Zilliqa.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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