I believe the .1655USD line of resistance will hold forcing ZIL into tightening wedge. I expect it will have to decide on wednesday what to do. Based on all the bullish signals, I'd have to go with a break up forming a new line of consolidation just under .18 USD. Thoughts?
@realredsteel, I mean it's an old project make a lot of technical improvement with better infrastructure, It's should moon by this time but every time the market trend bullish Zilliqa don't react sufficiently.
GlaswegianCamel
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@omda72, that's a fair observation. I feel they don't do a great job of communicating their works/partnerships etc. very hard to to get information on that project
bossballer41
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I just doubled down while it's dipping a bit, hoping this takes off!
i8myapl
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@bossballer41, Me 2. But im afraid we may have to wait until June to see ZIL moon. That's when they should announce an ZIL to ETH bridge. For all those that hate ZIL, dont forget it is the first project that successfully achieved sharding. ZIL is not a terrible project, give it time.
GlaswegianCamel
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@i8myapl, Agreed here....it's very early days. It's a layer 1 solution in a massive market space (dex, fintech in asia) massive opportunity. It's a solid project.