ZILBTC liftoff soonZilliqa has flipped the resistance and is testing it as support now. THe RSI is entering the bullish territory. The OBV has been increasing steadily signalling heavy accumulation.
Volume indicators support the accumulation too. The 50, 100 & 200 Moving Averages have also been compressing. Expansion will happen soon.
Currently the project is valued at $60 Million. They have developed their own blockchain and will move into that in 2020 which will have higher throughput and better features.
The outlook is very bullish for 2020.
Target for short term traders
100 sats
120 sats
130 sats
170 sats
Note: This is not financial advise. Please down your own research.
