Updated
Need stronger volume to break crucial resistances
As you can see Zilliqa looks quite good, the only worrying and bearish indicator is low volume, it looks like the buyers are not there to break crucial resistances (green zone).
If Zilliqa manages to break up with the strong volume and market shows some strength in keeping those resistances as a support we can expect some good bullish periods for Zilliqa.
If Zilliqa manages to break up with the strong volume and market shows some strength in keeping those resistances as a support we can expect some good bullish periods for Zilliqa.
Note
ZIL/BTC looks even better, but without the volume Zilliqa is just following the rest of the market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.