- Zilliqa price tagged the $0.097 to $0.121 daily breaker, suggesting the start of a 20% descent.
- Investors can expect the rejection to push ZIL down to $0.074 in a conservative outlook and $0.0508 in a dire case.
- A daily candlestick close above $0.121 will invalidate the bearish thesis.
Zilliqa price showed a bullish impulse that pushed it massively over the last day. However, this move is likely to be cut off from the momentum as it approaches a hurdle that is likely to propel it in the opposite direction.
Interestingly, this development comes after Zilliqa’s plethora of partnerships in April- like joining the Blockchain Gaming Alliance (BGA), and getting ZIL listed on Binance, BitGet, and BitPanda. Additionally, Zilliqa is also working with Atomic Wallet to get ZRC-6 compatibility so users can see NFTs on their wallets.
We are super excited that our community can’t wait to see Zilliqa’s blockchain NFTs on @AtomicWallet.
Stay tuned for more! pic.twitter.com/rZucVO991F
— Zilliqa (@zilliqa) April 1, 2022
