🔥 Land A High Paying Web3 Job In 90 Days LEARN MORE

Zilliqa price prediction 2024-2030: What’s the future for ZIL?

Key takeaways

  • Zilliqa’s price prediction for 2024 projects a maximum price of $0.0155.
  • Zilliqa price forecast in 2027 expects the token to reach a peak price of $0.0529.
  • By 2030, the Zilliqa forecast price might reach a maximum of $0.1582.

Zilliqa (ZIL) is a high-performance, scalable blockchain platform designed to handle thousands of transactions per second through its unique sharding technology. Developed to address the scalability issues faced by other blockchains, Zilliqa aims to provide a secure and efficient infrastructure for decentralized applications (dApps) and smart contracts. The ZIL coin is the native cryptocurrency of the Zilliqa network, used for transactions, paying fees, and staking within the ecosystem. As one of the pioneering blockchains to implement sharding, Zilliqa has positioned itself as a robust platform in the growing decentralized finance (DeFi) and digital asset space.

Overview

CryptocurrencyZilliqa
TokenZIL
Price$0.0126
Market Cap$239,213,104
Trading Volume$15,390,677
Circulating Supply18,704,789,775
All-time High$0.2563 May 06, 2021
All-time Low$0.002477 Mar 12, 2020
24-h High$0.01311
24-h Low$0.01267

Zilliqa technical analysis

MetricValue
Price Prediction$ 0.016072  (26.91%)
Volatility5.10%
50-Day SMA$ 0.014838
14-Day RSI38.44
SentimentBearish
Fear & Greed Index23 (Extreme Fear)
Green Days15/30 (50%)
200-Day SMA$ 0.02171

Zilliqa price analysis: ZIL declines to $0.0126 amid persistent bearish trend

TL;DR Breakdown

  • ZIL price analysis is bearish today.
  • ZIL resistance and support are at $0.01267,$0.01311, respectively.

The Zilliqa (ZIL) price analysis for September 9 shows a bearish trend, with the price gradually declining over the observed period. Despite occasional short-term upward movements, the overall direction has been downward, with the price struggling to maintain previous levels. The recent decline from around $0.0130 to $0.0126 highlights the selling pressure in the market. This consistent downward movement indicates that Zilliqa is experiencing a prolonged bearish trend, reflecting a lack of strong buying interest at the current levels.

Zilliqa analysis for 1-day: ZIL under bearish pressure with weak recovery signs

The Zilliqa (ZIL) price on the 1-day chart shows a consistent downward trend, reflecting a bearish market sentiment. The price has gradually decreased to level of $0.0126, with no significant upward momentum observed during this period. This decline indicates sustained selling pressure, with ZIL struggling to regain any lost ground.

Zilliqa analysis for 1-day
ZIL/USD 1-day price chart ⏐ Source: TradingView

The RSI has been hovering in the lower range, recently around 43.84, suggesting weak buying interest and a possible oversold condition. The MACD shows a slightly negative trend, with both the MACD line and the signal line below the zero line, indicating a bearish momentum. The convergence of the MACD lines suggests the potential for a weak recovery, but the overall sentiment remains bearish for now.

See also  Tron Price Prediction 2024–2030: Will Tron reach $10?

Zilliqa 4-hour price chart: ZIL shows signs of bullish momentum with a gradual uptrend

The 4-hour Zilliqa (ZIL) chart shows a slight upward trend, with the price experiencing minor gains. The price has been gradually climbing from $0.01294 to $0.01301, indicating a mild bullish sentiment in the market. The movement suggests that buyers are slowly gaining control, pushing the price upwards, although the momentum appears to be cautious.

Zilliqa 4-hour price chart
ZIL/USD 4-hour price chart ⏐ Source: TradingView

The Relative Strength Index (RSI) is currently at 52.51, crossing above the neutral 50 mark, which implies that the buying pressure is starting to outweigh the selling pressure. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line (in blue) slightly above the signal line (in orange) and the histogram turning positive.

Zilliqa technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$ 0.012993SELL
SMA 5$ 0.013067SELL
SMA 10$ 0.013382SELL
SMA 21$ 0.014167SELL
SMA 50$ 0.014838SELL
SMA 100$ 0.016811SELL
SMA 200$ 0.02171SELL

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3$ 0.013721SELL
EMA 5$ 0.013716SELL
EMA 10$ 0.013742SELL
EMA 21$ 0.014155SELL
EMA 50$ 0.01556SELL
EMA 100$ 0.017907SELL
EMA 200$ 0.020395SELL

What to expect from ZIL price analysis

Zilliqa (ZIL) is currently experiencing a period of price stabilization, with gradual upward movement observed in the short-term trend. Despite previous bearish trends, the recent price action suggests a potential shift toward bullish momentum as the market shows signs of recovery. This indicates that Zilliqa may be positioning itself for further gains, making it a cryptocurrency to watch closely for potential investment opportunities.

Is Zilliqa a good investment?

Zilliqa (ZIL) has shown resilience in the volatile cryptocurrency market, with potential for growth due to its unique sharding technology and focus on scalability. While the coin has experienced fluctuations, its recent stabilization and signs of recovery indicate that it could offer long-term investment potential. However, as with any cryptocurrency, it carries inherent risks, and investors should carefully consider market conditions and their risk tolerance before investing in Zilliqa.

Will ZIL reach $1?

It is unlikely that ZIL will reach $1 in the near term, as it is trading significantly below that level at around $0.0131.

Will ZIL reach $10?

It is highly improbable that ZIL will reach $10 in the foreseeable future.

Does Zilliqa have a good long-term future?

Zilliqa has potential for a good long-term future, particularly due to its focus on scalability and high-throughput blockchain solutions. Its unique sharding technology, which allows for parallel processing of transactions, positions it as a strong contender in the blockchain space. 

See also  Algorand price prediction 2024-2030: Is a resurgence possible?

Zilliqa price prediction September 2024

For September 2024, Zilliqa is expected to see a price range with a minimum of $0.0128, an average of $0.0257, and a maximum of $0.0308.

Zilliqa Price PredictionMinimum priceAverage priceMaximum price
Zilliqa Price Prediction August 2024$0.0128$0.0257$0.0308

Zilliqa price prediction 2024

For 2024, Zilliqa’s price is projected to range between a minimum of $0.0142 and a maximum of $0.0155, with an average estimate of $0.0149.

Zilliqa price predictionMinimum priceAverage priceMaximum price
Zilliqa price prediction 2024$0.0142$0.0149$0.0155

Zilliqa price predictions 2025 – 2030

YearMinimum priceAverage priceMaximum price
2025$0.0211$0.0218$0.0251
2026$0.0303$0.0314$0.0366
2027$0.0443$0.0456$0.0529
2028$0.0625$0.0643$0.0767
2029$0.0909$0.0934$0.1113
2030$0.1360$0.1397$0.1582

Zilliqa price prediction 2025

The analysis of Zilliqa pricr prediction for 2025 projects a maximum trading price of $0.0251, an average trading price of $0.0218 and a minimum price of $0.0211.

Zilliqa price prediction 2026

The price of the Zilliqa coin is predicted to reach a minimum level of $0.0303 in 2026. Expert analysis suggests a maximum price of $0.0366 and an average price of $0.0314.

Zilliqa price prediction 2027

According to the Zilliqa price prediction for 2027, ZIL will touch a maximum price of $0.0529, a minimum price of $0.0443, and an average price of $0.0456.

Zilliqa price prediction 2028

The Zilliqa price prediction for 2028 points at a bullish trend, which could drive ZIL to a maximum price of $0.0767, an average price of $0.0643, and a minimum price of $0.0625.

Zilliqa price prediction 2029

As per expert analysis and Zilliqa (ZIL) price prediction for 2029, the coin might trade at a peak price of $0.1113, an average of $0.0934, and a minimum price of $0.0909.

Zilliqa price prediction 2030

The Zilliqa price prediction for 2030 suggests that ZIL will trade between $0.1360-$0.1582. Based on these figures, the average price of ZIL could be around $0.1397.

Zilliqa price prediction 2024 -2030

Zilliqa market price prediction: Analysts’ ZIL price forecast

Firm Name20242025
Changelly$0.0154$0.0258
CoinPedia$0.01258$0.013209
Coincu$0.2689$0.4481

Cryptopolitan’s Zilliqa price prediction

Cryptopolitan’s comprehensive price predictions for Zilliqa span from 2024 to 2030, showcasing a gradual upward trajectory. In 2024, ZIL is forecasted to range between $0.0142 and $0.0155, averaging around $0.0149, indicating a stable but moderate growth outlook. By 2030, Cryptopolitan anticipates ZIL could potentially peak at $0.1582, with an average price around $0.1397, underlining sustained bullish sentiment and market confidence in Internet Computer’s blockchain capabilities.

Zilliqa historic price sentiment

Zilliqa Price History
Zilliqa price history from coinmarketcap
  • Zilliqa conducted an Initial Coin Offering (ICO) that ended in January 2018, raising ether (ETH) worth $22 million.
  • At the time of the ICO, one ZIL coin was going for 1 ZIL = 0.0000084656 ETH, and only 30% of the ZIL’s total supply of 21 million ZIL coins was up for the ICO sale.
  • Originally the ZIL cryptocurrency was an ERC20 token since the Zilliqa blockchain had been launched on the Ethereum blockchain. However, the Zilliqa blockchain introduced its mainnet in 2019, and the ERC20 was swapped with Zilliqa (ZIL) tokens. 
  • The current circulating supply is about 11,670,142,875 ZIL tokens out of the total 21,000,000,000 ZIL tokens generating a market capitalization of $1.2 billion.
  • The coin hit its all-time high market price of $0.2563 on May 06, 2021.
  • After this peak, the price started to decline, with 2022 and 2023 seeing a gradual downtrend, punctuated by smaller spikes.
  • By 2024, ZIL’s price had dropped to around $0.013, showing a substantial reduction from its previous highs, marking a period of consolidation and correction following the speculative boom of 2021.
  • As of now, the price is at approximately $0.013, indicating a significant decrease from its previous highs.

FAQs

Is ZIL a good investment?

Many things affect ZIL’s price. The rate of supply and demand, the awareness, competition faced, and developments made all affect the price, and since the network is in constant growth, we expect that the price will constantly rise. Ultimately, ZIL can be a good investment.

What does buffered deposit mean?

If you're getting the 'buffered deposit' error when trying to unstake your ZIL, just wait for up to 24 hours and try again.

What are signs for a bullish trend for ZIL?

The main pointers for a long-term bullish trend of the ZIL digital coin prices include DApps, NFTs, Staking, Zilliqa Initial Launch Offering (ZILO), and the increasing adoption of Zilliqa blockchain users owing to its scalability and security features.

What's the role of DApps in the Zilliqa?a ecosystem?

Zilliqa DApps ecosystem is expected to expand in the future as more DApps developers seek alternative blockchains to Ethereum due to the increasing gas prices on the Ethereum blockchain. With more DApps launched on Zilliqa, ZIL token users will also increase, and thus the bullish ZIL cryptocurrency price prediction in the long term.

How do I make money with staking?

Besides trading the ZIL token on various crypto exchanges, Zilliqa also allows non-custodial staking through a propriety system referred to as the Zillion portal. The current APY for staking ZIL on the platform is about 6% which is considerably high compared to staking other cryptocurrencies elsewhere, making ZIL staking a good investment and a coveted yield farming option.

How can Zilliqa users profit from NFTs?

Zilliqa team also launched an NFT marketplace called ZILSTAR, in partnership with Polaris Sports, where users can buy and sell iconic football stars. Learn more here: Zillistars NFT marketplace

What is Zilliqa coin used for?

Zilliqa coin (called ZIL) is the native coin used on the Zilliqa blockchain. Zilliqa uses sharding technology to increase the number of transactions the blockchain can handle. Zilliqa coins are used to pay for computing power on the Zilliqa blockchain.

How high can ZIL go?

Favorable market conditions will push ZIL to a high price of $0.983 in 2032.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Cryptopolitan
Subscribe to CryptoPolitan