$ZIL
ZIL is trading around ≈ $0.0040 currently, showing slight weakness on the day.
Recent technical data shows the token broke a key support level at about $0.00422, signaling bearish momentum in the short term. Indicators like RSI are in oversold zones, which sometimes suggests a potential short-term bounce but overall weak price action. �
AInvest
Other charts (e.g., Indonesian rupiah pairs) show high volatility and quick reversals during short trading sessions, indicating an uncertain market mood. �
AInvest
🚥 Market Sentiment
Many analysts are cautious, pointing to bearish technical signals and low liquidity compared with earlier trading periods, which puts additional downward pressure on price movement. �
TradingView
Despite bearish tendencies, oversold conditions might attract short-term buyers if sentiment shifts around key levels.
🛠️ Network Upgrades & Project Status
The Zilliqa network has recently undergone upgrades such as Zilliqa 2.0, aimed at improving scalability, staking, and EVM compatibility. �
Zilliqa Blog
Some exchanges supported these upgrades by temporarily suspending deposits/withdrawals (e.g., as of early Feb 2026). �
MEXC
Long-term development efforts continue, such as staking portal improvements and instant unstaking features planned for the new chain. �
Zilliqa Blog
📊 Short-Term Outlook
Price is under pressure in the short term due to technical weakness, low trading momentum, and liquidity challenges (partly from exchange delistings or low demand). �
TradingView
Indicators do show that ZIL is in oversold territory, so a short bounce could happen if buyers step in, but no clear bullish reversal signal is confirmed yet.
📈 Long-Term & Community Views
Some projections and community discussions see potential recovery or value growth long-term if network upgrades spark adoption, though forecasts vary widely among analysts. �
Coinpedia Fintech News
Community sentiment often ranges from optimism about long-term tech potential to cautious skepticism about market relevance and awareness.