1 Level
5 Review
1 Karma
Review on Zilliqa by Kelechi Agbai
“ZILLIQA/ETHEREUM is in a range bound and the continuation of uptrend is…
“ZILLIQA/ETHEREUM is in a range bound and the continuation of uptrend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 53.
Trading suggestion: There is a possibility of temporary retracement to suggested support zone (0.00015200 to 0.00013880). If so, traders can set orders based on Price Action and expect to reach short-term targets.”
Pros
- Zilliqa opened the month of August on $0.067306/873 satoshi and from there went on to record a monthly low of $0.025184/416 satoshi. The currency recovered from those lows to reach the values of $0.042484/647 satoshi and closed the month off with $0.044458/632 satoshi. September saw the price slowly bleed out to its current levels.
Cons
- Zilliqa, being a newbie in the cryptocurrency, recorded a monthly low of which it bounced back on.
