P_S_trade

ZIL 1D Let's get up there! It's sink or swim around here

OKX:ZILUSDT   Zilliqa/Tether
In April-May 2021, the ZILUSDT price tried to renew the maximum, which had been held since May 2018.

However, the price of ZILUSD could not confidently do this, and as a result, in May 2021 we saw a drop from $0.25 to $0.07.

Now the price is trying to recover, and the critical zone from above is $0.174-0.194

If the price can gain a foothold above this zone, then it will be possible to consider a set of long-term investment positions with the first targets from above $0.90-1.00
However, if sellers activate in the critical zone, then theoretically the downward fall may be even stronger than in May, and the level of $0.025 will act as strong support from below.

A positive mood can only be added to the ZILBTC chart, where, based on the chart, there is still a growth potential up to 550-600 sat. and even up to 700sat.

Write your thoughts in the comments regarding the possible future movement of the ZIL price
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