{"id":368432,"date":"2023-01-09T14:53:19","date_gmt":"2023-01-09T19:53:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=368432"},"modified":"2023-01-09T14:53:19","modified_gmt":"2023-01-09T19:53:19","slug":"zilliqa-zil-price-prediction-as-crypto-market-bounces","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/zilliqa-zil-price-prediction-as-crypto-market-bounces","title":{"rendered":"Zilliqa (ZIL) Price Prediction as Crypto Market Bounces"},"content":{"rendered":"
As we enter 2023, Zilliqa has started off strong, closing six consecutive green daily candles for an impressive 10.93% jump while retesting the 20-day EMA. ZIL hasn’t stopped there, however. Yesterday saw a 24.15% surge that demolished both the 20-day and 50-day EMAs. Today, prices have continued to climb with another impressive 18.67% rise thus far as of writing. What’s next for ZIL and how high can ZIL’s price go? This Zilliqa price prediction will give you the low down on where this crypto sits in the current market.<\/p>\n
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Current trends suggest a bullish sentiment across the short, medium, and long-term. For this to be reinforced further, the 20 day, 50 day, and 100 day EMAs must arrange themselves in ascending order; the shorter duration of EMA should be above its longer-term counterparts.<\/p>\n
The RSI is currently in oversold territory at 80.44. With the cryptocurrency moving parabolic for the past two days, traders must anticipate a possible retracement and a consolidation before moving up further.<\/p>\n
The MACD is in a bullish crossover position with the MACD line breaking out from the zero line due to the recent strong upward trend. Observing the histogram reveals that the MACD is healthy with a steady and gradual increase in separation between the MACD and the signal line.<\/p>\n
The price has surpassed the resistance levels of the 20-day, 50-day, and 100-day EMAs pretty convincingly for the past two days as well as the key resistance levels of $0.02000 and $0.02500.<\/p>\n
ZIL’s price is at $0.02587 as of writing–up by 18.75% for the day.<\/p>\n
With the price looking to move higher, the next significant resistance level is the previous support now potentially turned resistance level of $0.02900. If the price fails to move higher due to buyer exhaustion<\/a>, $0.02500 is the immediate support in confluence with the 100-day EMA.<\/p>\n As the cryptocurrency market prepares for a potential comeback in 2023, investors should look into a range of altcoins beyond high caps such as ZIL, which may have more potential for growth–particularly those with promising fundamentals such as FGHT, D2T, CCHG, TARO, and RIA.<\/p>\n Fight Out<\/a> is looking to disrupt the fitness industry with its revolutionary move-to-earn (M2E) platform and gym chain. Featuring smart technology in its gyms, users will be able to earn rewards for their effort while engaging in challenges against other players to rack up REPS tokens. These tokens grant access to memberships, subscriptions and merchandise like apparel, supplements, or training equipment. Fight Out will also provide a supportive community where members can support each other in reaching their potential.<\/p>\n Fight Out will encourage users to reach their health and fitness objectives by incorporating the unique reward system as well as an NFT<\/a>-based avatar, where each physical achievement will level up this digital version of members. The combination of tangible incentives with social motivation from other users will provide a powerful framework that is sure to inspire people on their journey towards becoming healthier versions of themselves.<\/p>\n The physical gyms, the first of which is set to open in Q4 2023, will be equipped with the latest Web3-connected technology such as “mirrors” that feature users’ digital fitness profiles. Sensors will also track workouts and give out helpful advice to boost a user’s workout while also recording their progress for rewards and bonuses. Fight Out is also launching an ambassador program featuring esteemed boxers and athletes who will host masterclasses along with other exclusive events.<\/p>\n Hurry, the Fight Out presale stage 1 is selling out fast! ⏰<\/p>\n We’re already over 50% sold out, so don’t miss your chance to get in early and make the most of this opportunity!<\/p>\n Join the presale now and be a part of something special! ⚡️⬇️https:\/\/t.co\/z34Nkx3ffi<\/a> pic.twitter.com\/ZxiQVfTiQ4<\/a><\/p>\n — Fight Out (@FightOut_) January 9, 2023<\/a><\/p><\/blockquote>\nAlternative Cryptocurrencies to Invest In<\/h2>\n
Fight Out (FGHT) Set to Pack a Punch
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