Zilliqa (ZIL) holds the 82nd position on CoinGecko. ZIL price prediction 2022 is explained below with a daily time frame.
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. this is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels form in periods of price consolidation. Buying and selling forces are similar in a horizontal channel until a breakout or breakdown occurs.
Currently, Zilliqa (ZIL) is at $0.03729. If the pattern continues, the price of ZIL might reach the resistance level of $0.04960, If the trend reverses, then the price of ZIL may fall to $0.02984
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