ZIL 1D Let's get up there! It's sink or swim around here
In April-May 2021, the ZILUSDT price tried to renew the maximum, which had been held since May 2018.
However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07.
Now the price is trying to recover, and the critical zone from above is $0.174-0.194
If the price can gain a foothold above this zone, then it will be possible to consider a set of long-term investment positions with the first targets from above $0.90-1.00
However, if sellers activate in the critical zone, then theoretically the downward fall may be even stronger than in May, and the level of $0.025 will act as strong support from below.
A positive mood can only be added to the ZILBTC chart, where, based on the chart, there is still a growth potential up to 550-600 sat. and even up to 700sat.
Write your thoughts in the comments regarding the possible future movement of the ZIL price
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07.
Now the price is trying to recover, and the critical zone from above is $0.174-0.194
If the price can gain a foothold above this zone, then it will be possible to consider a set of long-term investment positions with the first targets from above $0.90-1.00
However, if sellers activate in the critical zone, then theoretically the downward fall may be even stronger than in May, and the level of $0.025 will act as strong support from below.
A positive mood can only be added to the ZILBTC chart, where, based on the chart, there is still a growth potential up to 550-600 sat. and even up to 700sat.
Write your thoughts in the comments regarding the possible future movement of the ZIL price
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.