$ZIL
๐ Current Price Snapshot
ZIL is trading at roughly $0.0045 โ $0.0050 USD (~โน0.42 INR) recently, down ~7โ8% over the past week.
Still massively below its all-time high (~$0.255) โ >95% down.
๐ Short-Term Technicals
Price has often been below key moving averages, suggesting weak near-term momentum.
Some indicators (like RSI rebounds) hint at a possible short-term reversal, but overall trend remains bearish until a breakout above resistance.
๐ง Development & Fundamentals
Zilliqaโs blockchain uses sharding for scalability, and the network has moved to EVM compatibility making it easier for Ethereum-style apps to build on it.
Recent network upgrades (Zilliqa 2.0 & scalability features) are technically positive but havenโt yet sparked strong price action.
๐ Current Headwinds
Some major exchange pair delistings reduced liquidity.
Circulating supply increases add selling pressure if demand doesnโt follow.
๐ Bull/Bear Summary
Bullish catalysts
Scalable tech + EVM compatibility
Continued developer ecosystem growth
Bearish catalysts
Weak price trend & low liquidity
Supply dilution risks
