The price of Zilliqa has showed modest resistance to the sell-off, resulting in a persistent fall. To have any hope of moving higher, ZIL must now recover over a critical barrier.
Between June 20 and July 16, the price of Zilliqa dropped 30% from $0.097 to $.0678, many times hitting the range low of $0.0693. Despite the fact that ZIL fell below this level, recoveries have kept the altcoin above it.
Price of Enjin Coin is attempting several slashes through the range’s mid-point in order to generate a positive perspective. ENJ bulls’ forthcoming efforts are predicted to be fruitful, despite their recent failure.
Enjin has announced its integration with Drops, a platform that provides loans for NFT and DeFi assets. Enjin’s highly popular ERC-1155-based NFTs will gain even more value as a result of the collaboration.
The May 19 low and the falling trend line are pulling down on Dogecoin’s price, as the 200-day SMA tries to hold off the unrelenting selling pressure that has been building since June 29. DOGE will fall below the strategically crucial moving average and trigger the neckline of the head-and-shoulders pattern as long as the trend line remains unbreakable.
Since June 29, Dogecoin’s price strength has been hampered by a downward trend line, as evidenced by DOGE’s failure to post a single daily close above the trend line./n
