Key takeaways
- Zilliqa’s price prediction for 2024 projects a maximum price of $0.0155.
- Zilliqa price forecast in 2027 expects the token to reach a peak price of $0.0529.
- By 2030, the Zilliqa forecast price might reach a maximum of $0.1582.
Zilliqa (ZIL) is a high-performance, scalable blockchain platform designed to handle thousands of transactions per second through its unique sharding technology. Developed to address the scalability issues faced by other blockchains, Zilliqa aims to provide a secure and efficient infrastructure for decentralized applications (dApps) and smart contracts. The ZIL coin is the native cryptocurrency of the Zilliqa network, used for transactions, paying fees, and staking within the ecosystem. As one of the pioneering blockchains to implement sharding, Zilliqa has positioned itself as a robust platform in the growing decentralized finance (DeFi) and digital asset space.
Overview
Cryptocurrency | Zilliqa |
Token | ZIL |
Price | $0.0126 |
Market Cap | $239,213,104 |
Trading Volume | $15,390,677 |
Circulating Supply | 18,704,789,775 |
All-time High | $0.2563 May 06, 2021 |
All-time Low | $0.002477 Mar 12, 2020 |
24-h High | $0.01311 |
24-h Low | $0.01267 |
Zilliqa technical analysis
Metric | Value |
Price Prediction | $ 0.016072 (26.91%) |
Volatility | 5.10% |
50-Day SMA | $ 0.014838 |
14-Day RSI | 38.44 |
Sentiment | Bearish |
Fear & Greed Index | 23 (Extreme Fear) |
Green Days | 15/30 (50%) |
200-Day SMA | $ 0.02171 |
Zilliqa price analysis: ZIL declines to $0.0126 amid persistent bearish trend
TL;DR Breakdown
- ZIL price analysis is bearish today.
- ZIL resistance and support are at $0.01267,$0.01311, respectively.
The Zilliqa (ZIL) price analysis for September 9 shows a bearish trend, with the price gradually declining over the observed period. Despite occasional short-term upward movements, the overall direction has been downward, with the price struggling to maintain previous levels. The recent decline from around $0.0130 to $0.0126 highlights the selling pressure in the market. This consistent downward movement indicates that Zilliqa is experiencing a prolonged bearish trend, reflecting a lack of strong buying interest at the current levels.
Zilliqa analysis for 1-day: ZIL under bearish pressure with weak recovery signs
The Zilliqa (ZIL) price on the 1-day chart shows a consistent downward trend, reflecting a bearish market sentiment. The price has gradually decreased to level of $0.0126, with no significant upward momentum observed during this period. This decline indicates sustained selling pressure, with ZIL struggling to regain any lost ground.
The RSI has been hovering in the lower range, recently around 43.84, suggesting weak buying interest and a possible oversold condition. The MACD shows a slightly negative trend, with both the MACD line and the signal line below the zero line, indicating a bearish momentum. The convergence of the MACD lines suggests the potential for a weak recovery, but the overall sentiment remains bearish for now.
Zilliqa 4-hour price chart: ZIL shows signs of bullish momentum with a gradual uptrend
The 4-hour Zilliqa (ZIL) chart shows a slight upward trend, with the price experiencing minor gains. The price has been gradually climbing from $0.01294 to $0.01301, indicating a mild bullish sentiment in the market. The movement suggests that buyers are slowly gaining control, pushing the price upwards, although the momentum appears to be cautious.
The Relative Strength Index (RSI) is currently at 52.51, crossing above the neutral 50 mark, which implies that the buying pressure is starting to outweigh the selling pressure. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line (in blue) slightly above the signal line (in orange) and the histogram turning positive.
Zilliqa technical indicators: Levels and action
Daily simple moving average (SMA)
Period | Value | Action |
SMA 3 | $ 0.012993 | SELL |
SMA 5 | $ 0.013067 | SELL |
SMA 10 | $ 0.013382 | SELL |
SMA 21 | $ 0.014167 | SELL |
SMA 50 | $ 0.014838 | SELL |
SMA 100 | $ 0.016811 | SELL |
SMA 200 | $ 0.02171 | SELL |
Daily exponential moving average (EMA)
Period | Value | Action |
EMA 3 | $ 0.013721 | SELL |
EMA 5 | $ 0.013716 | SELL |
EMA 10 | $ 0.013742 | SELL |
EMA 21 | $ 0.014155 | SELL |
EMA 50 | $ 0.01556 | SELL |
EMA 100 | $ 0.017907 | SELL |
EMA 200 | $ 0.020395 | SELL |
What to expect from ZIL price analysis
Zilliqa (ZIL) is currently experiencing a period of price stabilization, with gradual upward movement observed in the short-term trend. Despite previous bearish trends, the recent price action suggests a potential shift toward bullish momentum as the market shows signs of recovery. This indicates that Zilliqa may be positioning itself for further gains, making it a cryptocurrency to watch closely for potential investment opportunities.
Is Zilliqa a good investment?
Zilliqa (ZIL) has shown resilience in the volatile cryptocurrency market, with potential for growth due to its unique sharding technology and focus on scalability. While the coin has experienced fluctuations, its recent stabilization and signs of recovery indicate that it could offer long-term investment potential. However, as with any cryptocurrency, it carries inherent risks, and investors should carefully consider market conditions and their risk tolerance before investing in Zilliqa.
Will ZIL reach $1?
It is unlikely that ZIL will reach $1 in the near term, as it is trading significantly below that level at around $0.0131.
Will ZIL reach $10?
It is highly improbable that ZIL will reach $10 in the foreseeable future.
Does Zilliqa have a good long-term future?
Zilliqa has potential for a good long-term future, particularly due to its focus on scalability and high-throughput blockchain solutions. Its unique sharding technology, which allows for parallel processing of transactions, positions it as a strong contender in the blockchain space.
Zilliqa price prediction September 2024
For September 2024, Zilliqa is expected to see a price range with a minimum of $0.0128, an average of $0.0257, and a maximum of $0.0308.
Zilliqa Price Prediction | Minimum price | Average price | Maximum price |
Zilliqa Price Prediction August 2024 | $0.0128 | $0.0257 | $0.0308 |
Zilliqa price prediction 2024
For 2024, Zilliqa’s price is projected to range between a minimum of $0.0142 and a maximum of $0.0155, with an average estimate of $0.0149.
Zilliqa price prediction | Minimum price | Average price | Maximum price |
Zilliqa price prediction 2024 | $0.0142 | $0.0149 | $0.0155 |
Zilliqa price predictions 2025 – 2030
Year | Minimum price | Average price | Maximum price |
2025 | $0.0211 | $0.0218 | $0.0251 |
2026 | $0.0303 | $0.0314 | $0.0366 |
2027 | $0.0443 | $0.0456 | $0.0529 |
2028 | $0.0625 | $0.0643 | $0.0767 |
2029 | $0.0909 | $0.0934 | $0.1113 |
2030 | $0.1360 | $0.1397 | $0.1582 |
Zilliqa price prediction 2025
The analysis of Zilliqa pricr prediction for 2025 projects a maximum trading price of $0.0251, an average trading price of $0.0218 and a minimum price of $0.0211.
Zilliqa price prediction 2026
The price of the Zilliqa coin is predicted to reach a minimum level of $0.0303 in 2026. Expert analysis suggests a maximum price of $0.0366 and an average price of $0.0314.
Zilliqa price prediction 2027
According to the Zilliqa price prediction for 2027, ZIL will touch a maximum price of $0.0529, a minimum price of $0.0443, and an average price of $0.0456.
Zilliqa price prediction 2028
The Zilliqa price prediction for 2028 points at a bullish trend, which could drive ZIL to a maximum price of $0.0767, an average price of $0.0643, and a minimum price of $0.0625.
Zilliqa price prediction 2029
As per expert analysis and Zilliqa (ZIL) price prediction for 2029, the coin might trade at a peak price of $0.1113, an average of $0.0934, and a minimum price of $0.0909.
Zilliqa price prediction 2030
The Zilliqa price prediction for 2030 suggests that ZIL will trade between $0.1360-$0.1582. Based on these figures, the average price of ZIL could be around $0.1397.
Zilliqa market price prediction: Analysts’ ZIL price forecast
Firm Name | 2024 | 2025 |
Changelly | $0.0154 | $0.0258 |
CoinPedia | $0.01258 | $0.013209 |
Coincu | $0.2689 | $0.4481 |
Cryptopolitan’s Zilliqa price prediction
Cryptopolitan’s comprehensive price predictions for Zilliqa span from 2024 to 2030, showcasing a gradual upward trajectory. In 2024, ZIL is forecasted to range between $0.0142 and $0.0155, averaging around $0.0149, indicating a stable but moderate growth outlook. By 2030, Cryptopolitan anticipates ZIL could potentially peak at $0.1582, with an average price around $0.1397, underlining sustained bullish sentiment and market confidence in Internet Computer’s blockchain capabilities.
Zilliqa historic price sentiment
- Zilliqa conducted an Initial Coin Offering (ICO) that ended in January 2018, raising ether (ETH) worth $22 million.
- At the time of the ICO, one ZIL coin was going for 1 ZIL = 0.0000084656 ETH, and only 30% of the ZIL’s total supply of 21 million ZIL coins was up for the ICO sale.
- Originally the ZIL cryptocurrency was an ERC20 token since the Zilliqa blockchain had been launched on the Ethereum blockchain. However, the Zilliqa blockchain introduced its mainnet in 2019, and the ERC20 was swapped with Zilliqa (ZIL) tokens.
- The current circulating supply is about 11,670,142,875 ZIL tokens out of the total 21,000,000,000 ZIL tokens generating a market capitalization of $1.2 billion.
- The coin hit its all-time high market price of $0.2563 on May 06, 2021.
- After this peak, the price started to decline, with 2022 and 2023 seeing a gradual downtrend, punctuated by smaller spikes.
- By 2024, ZIL’s price had dropped to around $0.013, showing a substantial reduction from its previous highs, marking a period of consolidation and correction following the speculative boom of 2021.
- As of now, the price is at approximately $0.013, indicating a significant decrease from its previous highs.
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