Recently, Zilliqa has successfully conducted the first-ever virtual town hall on account of its third-anniversary celebration. The key milestones brought the spotlight to reflect on how the bigger, more reliable, more diverse company has become over the years.
The 2-hours event included CEO and Founder, Forkast News, Angie Lau, and Changpeng Zhao, CEO of Binance (Guest of Honor). Including YouTube, Zoom, and BOLT app, the event crossed 5000 times views and counting!
As per LunarCRUSH’s key highlights, ZIL coin marked a massive upward escalation with social media activity with a whopping 12% hike in the price over the last 24 hours. Almost 2,977,289 social engagements on social media.
— LunarCRUSH Social Listening for Cryptocurrencies (@LunarCRUSH) August 7, 2020
Zilliqa Price Analysis
Zilliqa is reflecting an impressive growth in the 90 days. On May 10, the currency was trading around $0.00697. The price escalated and took it beyond $0.01005 on May 18. The price locked itself at the same level for over a week. Later, the ZIL price registered a tremendous hike and closed the month at $0.0160.
In June, Zilliqa continued to trade with upside momentum, and over the next ten days, the price crossed a key resistance of $0.0298. However, after trading above $0.0298, the coin faced strong bearish pressure and reversed the price trend. ZIL price dribbled to $0.0160 level.
Since July, the currency marked moderate momentum and continued to trade around $0.018 mark.
However, since the beginning of the ongoing month, Zilliqa managed to reflect steady upside movement and recovered up to $0.0232. Currently, the coin holds active support from its daily moving averages of 20 & 50 days, are at $0.0223 and $0.0213, respectively. As per the MACD chart, the MACD line overlapped the signal line. The impending period holds positive indications.