✴️ Zilliqa Moves Above EMA50, Turns BullishWe are looking at the long-term timeframe for the current batch of Altcoins because it's been two-three months since the bottom was hit. After the bottom is hit the doors open for sudden moves to either side.
When we are looking at bottom conditions, only upside is expected. On a down move, risk is strongly limited... Early bird gets the worm.
➖ Zilliqa (ZILUSDT) closed above EMA50 last week.
This week the level was tested and so far holds. There is potential for growth with EMA10 and EMA21 working as backup support in the case of a drop.
➖ Everything is bullish long-term.
Regardless of what happens or can happen short-term, look up, aim up because Cryptocurrency is set to grow all throughout 2024 and beyond.
Namaste.