What's Up With Ziliqa?

If you're HODLing bags of ZIlUSD then patience will get you through the night.

Ziliqa is on a consolidation phase that may last a while longer while other coins are rising higher.

Zooming out on the 3-day chart reveals the trading range for major consolidation

Despite breaking out of the current trendline, the 6-hour chart shows momentum is still pushing down. We'd want to see an 8% gain to get back above water in the near-term.

Kommentera:

The downwards momentum did push down, along with much of the market the past couple days.

Zil is now attempting to find support against the horizontal level