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Zilliqa price prediction shows the struggle of ZIL crypto to recover above the $0.020 resistance.
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ZIL crypto is trading below the 20, 50, 100, and 200-day daily moving average.
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Zilliqa cryptocurrency has gained 6.95% year to date.
Zilliqa price is struggling to break out of the $0.020 resistance level on the daily time frame chart. The ZIL coin needs to attract more buyers in order to surge from its current price of $0.017. If ZIL can break through the resistance level, it could reach the next target of $0.02004. However, the overall sentiment in the cryptocurrency market is bearish, and ZIL could face selling pressure if the broader market declines.
The Zilliqa price is in a neutral to bearish position. Zilliqa crypto needs to break through the $0.020 resistance level and overcome the technical challenges in order to resume its uptrend. However, ZIL crypto has been facing difficulties in recovering from the current resistance
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