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Ziliqa In Wide Trading Range
Ziliqa is a big project for Enterprise-grade smart contract solutions. They are gaining traction in the market step by step but what about the technical outlook for the price chart?
ZILUSD is currently stuck in a fairly wide trading range, with 25% upside to resistance and 25% downside to support from current price.
Until we see a breakout by entering the yellow shaded box there's no way of telling how long this consolidation could last...
At this point traders may be looking to accumulate or wait until the resistance level is turned into support (as indicated by the green drawn line).
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
ZILUSD is currently stuck in a fairly wide trading range, with 25% upside to resistance and 25% downside to support from current price.
Until we see a breakout by entering the yellow shaded box there's no way of telling how long this consolidation could last...
At this point traders may be looking to accumulate or wait until the resistance level is turned into support (as indicated by the green drawn line).
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
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