Here’s what to expect from Zilliqa’s near-term price action

The sellers were quick to unleash their underlying force after Zilliqa (ZIL) approached 200 EMA (green). This level also coincided with the upper trendline of the six-week-long down-channel (yellow). After the bulls failed to foster an upswing on high buying volumes, the price swiftly dropped below its high liquidity range between the $0.0769-$0.0735 range. A […]