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Zilusdt

catalysing open commerce with Zilliqa ,ZILUSDT analysis🌟What Is Zilliqa (ZIL)🌟? Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming. Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet. The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts. ✅what Makes Zilliqa Unique? Zilliqa claims to be the world's first public blockchain to rely entirely on a sharded network. This allows it to achieve high throughput and a high rate of transactions per second, which it says solves the scalability issue. Because each shard processes transactions individually, as the network grows and the number of shards increases, the number of transactions that can be processed per second also increases. As well, records are immediately added to the Zilliqa blockchain after being processed, meaning that no additional time for confirmation is required. Zilliqa seeks to become the blockchain of choice for large-scale enterprise use, including among the advertising, gaming, entertainment and financial services and payments industries. In its 2018 position paper, its team states that the platform "aims to rival traditional centralized payment methods such as VISA and MasterCard." Both Anquan Capital and Zilliqa Research, the company responsible for developing Zilliqa, hold significant reserves of ZIL. --------------------------------------------------------------------------------------------------------------------- ✅TECHNICAL ANALYSIS As we can see in the logarithmic chart above, when the price is above 8,21,55 EMA that it is in an uptrend chanell, but in the cheap scenario we only see a rebound on EMA of 50 near green box or price of 0.05$ , and after the pullback we can Reaching a higher high levels, however, if anyone want to buy this asset, best recomandetion is to buying step by step . This asset can have a very bright future and price targets for this currency are amazing Although its technically achievable and you can adjust it to around $ 0.33 and $ 1.4 and if the market supports and flourishes in the Alt season it will grow to about $ 10 and more. . -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion and you are responsible for your own trades or invests. ❤️with Best Regards and successful trades.
BINANCE:ZILUSDLong
by PRO_SMART_Trader
4
Next real stop for Zilliqia before retraceWell thats a tough question, We never really went down at 0.07-0.08usd but I doubt it will go so low, max around 0.09-0.1 because then i believe BTC will retrace at around 50k and I think we will end up somewhere in the demand zone, the green line is my 1st target but as btc moves and people selling of it can change, But remember Zil cant go zero and will def be back when we have btc stronger, doesnt matter if btc drop to 40-45k, we will still have 0.12usd zil within the week so no panic if you bouht in guys, its hard to try and time the market.. Well anyway friends i wish you the best on this war day and be safe trading!
Short
by Robbanbro420
1
Zil/Usdt Possible targetsWarning: This is only my idea. If you want to long zil/usdt based on my view, Do it with your risk management system. Ok before we start we need to know these: 1- Zilliqa Daily time frame is on impulsive wave. 2- Zilliqa weekly time frame is Bullish. 3- We are in the bullish season of crypto market. -As you can see we have a bullish flag in daily time frame and we had successful breakout. So price can rise up to 0.168$ based on flag's pole -Right now Zil is experiencing impulsive wave so if we want to predict how far it can reach, We use trend based fib(Impulsive wave 1 and corrective wave 1 are used for trend based fib extension) Let's see possible targets based on trend-based fib extension: 1- 0.16860 2- 0.18727 3- 0.21751 4- 0.26904 Also we had a good new about Zil which said EGW Capital is looking to invest another 20-25$ million in Zil Coins in the coming weeks. Please note that all of these possible targets depend on if crypto market remain bullish.
Long
by KiomarsRakei
9