Zilliqa (ZIL) Analysis
Zilliqa (ZIL) Analysis
Entry @ 0.2244
Short Term Target $1
Mid Term Target $3
Long Term Target $5-$7
What is Zilliqa?
Put simply, Zilliqa is a faster, more advanced blockchain. Bitcoin was the first generation of cryptocurrency, platforms like Ethereum were the second and newer platforms like IOTA and Zilliqa, which are the third.
Chart Analysis
From a 4HR perspective the market structure on this chart is near perfect making a nice series of higher highs and higher lows in a very systematic bullish trend. As of recent price had an impulse up and broke above previous highs and has come back for the retest and is looking clear to push up and make a new high.
ARTICLE: benzinga.com/markets/cryptocurrency/21/05/20994293/the-next-hot-altcoin-zilliqa-outperforming-dogecoin-bitcoin-and-ethereum-thursday
IMPORTANT Polychain Capital is one of the biggest crypto funds, managing billions of dollars across 18 cryptocurrencies in two different venture funds. Zilliqa is currently ranked 10 in their portfolio as they are holding 15 billion dollars worth of Zilliqa.
WEBSITE: zilliqa.com/
Entry @ 0.2244
Short Term Target $1
Mid Term Target $3
Long Term Target $5-$7
What is Zilliqa?
Put simply, Zilliqa is a faster, more advanced blockchain. Bitcoin was the first generation of cryptocurrency, platforms like Ethereum were the second and newer platforms like IOTA and Zilliqa, which are the third.
Chart Analysis
From a 4HR perspective the market structure on this chart is near perfect making a nice series of higher highs and higher lows in a very systematic bullish trend. As of recent price had an impulse up and broke above previous highs and has come back for the retest and is looking clear to push up and make a new high.
ARTICLE: benzinga.com/markets/cryptocurrency/21/05/20994293/the-next-hot-altcoin-zilliqa-outperforming-dogecoin-bitcoin-and-ethereum-thursday
IMPORTANT Polychain Capital is one of the biggest crypto funds, managing billions of dollars across 18 cryptocurrencies in two different venture funds. Zilliqa is currently ranked 10 in their portfolio as they are holding 15 billion dollars worth of Zilliqa.
WEBSITE: zilliqa.com/
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.