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Zilliqa coin (ZIL) is is the native crypto coin of the Zilliqa blockchain. ZIL is actually used to execute programs and use to pay for transactions on the blockchain. These fees are used to reward the nodes that perform the calculations to operate the blockchain.
Now talking about the zillaqa price, ZIL has been overall bearish after seeing the resistance (0.13) during the last pump.
ZIL is currently trading in a bearish channel going towards the major support(0.030) area.
The 0.03 level is a very strong support, a move to that point is good for buyers.
A buy at that point should give you a good risk to reward ratio.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
Zilliqa coin (ZIL) is is the native crypto coin of the Zilliqa blockchain. ZIL is actually used to execute programs and use to pay for transactions on the blockchain. These fees are used to reward the nodes that perform the calculations to operate the blockchain.
Now talking about the zillaqa price, ZIL has been overall bearish after seeing the resistance (0.13) during the last pump.
ZIL is currently trading in a bearish channel going towards the major support(0.030) area.
The 0.03 level is a very strong support, a move to that point is good for buyers.
A buy at that point should give you a good risk to reward ratio.
Remember to always follow your trading plan regarding entry, risk and trade management.
Goodluck!
