Market Overview: Zilliqa (ZILUSD) 24-Hour Technical Summary

• Zilliqa consolidates near 0.01143, forming a potential bullish pattern after a rally from 0.0113
• Volume surges at 0.01145–0.01155 indicate key participation during the late-night push
• RSI shows moderate momentum, with no overbought or oversold extremes observed
• Price action suggests a 0.01141 support and 0.01155 resistance boundary
• Volatility remains low, with price within a narrow Bollinger Band range

Zilliqa (ZILUSD) opened at 0.0113 at 12:00 ET − 1 and traded between 0.0113 and 0.01155 before closing at 0.01143 at 12:00 ET. Total volume was 280,320.9 units, with a notional turnover of $3,224.9.

Structure & Formations

Price action over the past 24 hours indicates consolidation around the 0.01143 level, following a small rally from the 0.0113 base. A key breakout candle formed at 19:00–21:00 UTC (02:00–04:00 ET), with a high of 0.01155. A potential bullish flag pattern is emerging, bounded by support at 0.01141 and resistance at 0.01155.

Moving Averages

On the 15-minute chart, the 20-period MA sits near 0.01143 and the 50-period MA slightly below, both acting as dynamic support. On the daily chart, the 50/100/200-period MAs are aligned slightly below the current level, suggesting a potential short-term bullish bias against the longer-term trend.

MACD & RSI

The MACD remains flat with no strong divergence, indicating neutral momentum. RSI is steady at around 52–55, suggesting neither overbought nor oversold conditions. Price may gather strength as RSI approaches 55 over the next few hours.

Bollinger Bands

Volatility has remained low, with price staying within a narrow Bollinger Band range. The mid-band aligns with the 0.01143 level, and price may test the upper band near 0.01155 for confirmation of a breakout.

Volume & Turnover

Volume spiked near the 0.01145–0.01155 level, especially in the early hours of the morning, with a total of 38,320.4 units traded during that period. Turnover also increased, aligning with price action and suggesting a more significant push than a random spike. No clear divergence between price and volume was observed.

Fibonacci Retracements

Applying Fibonacci to the 0.0113–0.01155 move, the 38.2% retrace level is near 0.01142 and the 61.8% level at 0.01144. Price has been consolidating near 0.01143, slightly above both key retracement levels. A break above 0.01155 could target the 0.01162 level.

Zilliqa appears to be forming a short-term bullish setup, with key support and resistance levels clearly defined. While the next 24 hours may bring a breakout attempt, traders should remain cautious of the low volume environment and potential for false moves.