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Weekly forecast Zilliqa technical chart
Symbol ZILUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMarch 25, 2023 - 18:15
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 0.03701, beginning of downtrend is expected.
  • We make sure when the support at 0.01525 breaks.
  • If the resistance at 0.03701 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • While the RSI uptrend #2 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.02130 on 03/10/2023, so more gains to resistance(s) 0.03060, 0.03380 and maximum to Major Resistance (0.03701) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 47.

Symbol Released Current Forecast
Zilliqa (ZILUSD) free Sat, 23 Mar 2024
Zilliqa (ZILUSD) free Sun, 17 Mar 2024
Zilliqa (ZILUSD) free Sun, 10 Mar 2024
Zilliqa (ZILUSD) free Sun, 3 Mar 2024
Zilliqa (ZILUSD) Sat, 24 Feb 2024