tcr_thecoinrepublic

Will ZIL Crypto Price Breakout Sustain For A New High?

The weekly technical chart of Zilliqa price hints towards a strong upside trend and can soon see a new high in the future. In contrast, the coin price has seen a pump of more than 12% in the intraday session. ZIL price upside trend may face a threat near the value of $0.08 . The support price of the asset in the downtrend can be seen near $0.03. ZIL coin price is currently trading below 200 and 50 Daily Moving Average, with an upcoming bearish crossover. The 50 DMA of the asset has been near the value of $0.06 which can act as a temporary hostile region for the price . The coin price is currently forming a bullish pattern which can see a push to a new high. If the price of the asset jumps 15 to 20% above the current level then a strong momentum can be seen. ZIL/BTC pair might also see a strong trend in the future

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