admin
Key Takeaways:
- The ZIL price closed the previous day’s trade at $0.0986 with a market capitalization of $1.35B and a circulating supply of 12.58B ZIL
- The asset is consolidating after a gigantic spike, waiting for the best time to pull another leg up towards the upper target
Zilliqa Price Analysis: How High Will ZIL Crypto Price Go in March 2022?
The ZIL price maintained a stagnant trend along with $0.06 from the past couple of months with almost zero volatility. However, since the past weekend, the platform experienced a huge influx of liquidity which resulted in a rise of more than 150%. Currently, consolidating, the price showcases huge possibilities for testing the next targets. But now when the month-end is at the foothill, a slight rise above the current levels may be expected.
Zilliqa Price Prediction: Will ZIL Price Hit $0.5 in 2022?
With a bullish close of the first quarter, ZIL price is currently confident of the upcoming rally. By consolidating after the surge, the asset has formed a huge bullish flag and a breakout may uplift the price towards $0.15 levels at the beginning of Q2. However, with a couple of bearish and bullish trends, the ZIL price is expected to maintain a strong bullish trend through the year 2022.
Moreover, with the beginning of the anticipated AltSeason, the ZIL price may even test the levels around the ATH too. However, the bears despite being strong may not be allowed to remain for long as they may frequently jump in to extract profits.
Additional Read: 8 Cryptos with Low Transaction Fees
Zilliqa Price Analysis: ZIL Price Table (Last 07 Days)
| Date | All-Time High | All-Time Low | Market Capitalization |
| 28 March 2022 | $0.1215 | $0.0976 | $1.35B |
| 27 March 2022 | $0.1250 | $0.0844 | $1.40B |
| 26 March 2022 | $0.0966 | $0.0476 | $803.44M |
| 25 March 2022 | $0.0510 | $0.0467 | $603.15M |
| 24 March 2022 | $0.0502 | $0.0475 | $617.10M |
| 23 March 2022 | $0.0502 | $0.0447 | $610.53M |
| 22 March 2022 | $0.0469 | $0.0430 | $568.07M |
Zilliqa Price Prediction: ZIL Trend Comparison with VET (Last 30 Days)
Source: Tradingview
Zilliqa and Vechain ignited a bull run almost the same time, a couple of days before. While the ZIL price roared like a monster, the VET price could manage to gain a few percent. However, both remain pretty bullish as, after a slight consolidation, the next phase of an uptrend may begin.
The VET price is currently 51.92% above the average levels while the ZIL price due to the recent spike is 145.53% ahead. No doubt the trends are currently pointing towards the south, yet a magnificent flip appears to be preprogrammed. Once flipped, reaching immediate resistance may be evident.
Additional Read: Zilliqa Technical Analysis
Correlation of ZIL/USDT and ZIL/BTC (Last 30 Days)
Source: Tradingview
The ZIL/USDT & ZIL/BTC pairs consolidated within the same ranges for a pretty long time before both broke out at the same time. However, the USDT price manifested a stronger rally than the BTC pair, while both pairs consolidated at the moment. The ZIL Price is currently 145.61% above the average levels while the BTC pair is above by 102.86%.
Both the trading pairs showcase a huge possibility of breaking through the consolidation as they are swinging within a bullish flag. With a breakout, both the pairs are expected to undergo a massive leg up towards the next resistance.
Where & How to Buy Zilliqa ZIL coin
Want to buy Zilliqa (ZIL), CoinDCX is the best-suited platform to deal with any of your desired cryptocurrencies. To register here, just download the CoinDCX App on your smartphone and enter the details asked for. Once your details are verified, then fund your wallet and buy a ZIL coin or any other asset.
To make your investment easy and safe, CoinDCX presents Crypto Investment Plan(CIP) which enables you to invest in your favorite crypto with fixed installments and tenure. Therefore, start in Bitcoin & other cryptos with Crypto Investment Plan now!
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].
The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.
