ZIL (Zilliqa) forecast for 2024 year

Welcome to the crypto site. My name is Victor, and today: ZIL (Zilliqa) forecast for 2024 year. Join the discussion on the topic – CryptoViktor

ZIL (Zilliqa) forecast

Fundamental analysis and news of ZIL (Zilliqa)
I see Zilliqa, or simply ZIL, as one of the most promising blockchain projects with a unique sharding technology. This allows the network to become faster with each new user, which is important for scalability. The company has an active community with over 460,000 followers on Twitter. Unfortunately, the company’s website is currently down, but thanks to artificial intelligence, we can get the main news of the month from resources such as CoinDesk and CoinTelegraph.

Technical analytics of ZIL (Zilliqa)

Starting from the monthly timeframe, it can be seen that ZIL had peaks in 2018 and again in 2020, followed by a further decline in 2022. Currently, the price is in the lower zone, which could be a good entry point for buying. The weekly chart also shows activity in this zone. Other indicators, such as CCI, show overheating, but overall, the price looks attractive for buying. On the daily chart, indicators also support this view.

Bitcoin forecast, BTC (Bitcoin)

As for bitcoin, after the SEC’s decision, which had a positive impact, the rate recovered to the level of $67,000. This may indicate the formation of a new platform. There is a possibility of a decline to $63-64 thousand, after which there may be an increase to $85 thousand.

TradingView (chart)

I use the TradingView service to analyse charts and set up indicators. It is a handy tool that allows you to quickly switch between different charts and indicators. You can add indicators to your favourites list, save settings, and analyse data on different timeframes.

Video summary
In summary, ZIL is a promising blockchain project with a unique technology that allows the network to become faster with each new user. Technical analysis shows that current prices are attractive for buying. Bitcoin may have further upside after a positive SEC decision. Use TradingView for detailed analysis and indicator settings. Remember that you make all investment decisions on your own, and I wish you successful crypto trading!
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