Flow

Token

Zignaly

Coin

<p>The <strong>Zignaly coin</strong> (ZIG) price has reached the blue sky zone territory and made a fresh All-Time-High (ATH) mark in the intraday session. Trading in a sustained uptrend, the coin gained severe momentum this week.</p> 
<p>After a couple of higher high swings and retesting the cluster of $0.130, buyers succeeded this time in breaching out the zone and recorded a new high. Its price projections favored the mighty bulls and signified their outperformance at the time of writing.</p> 
<p>For the past few months, the <strong>ZIG price </strong>traded in a significant closed range and displayed choppy moves within the range. However, this month was a boon for the bulls, and they gained a sharp momentum.</p> 
<p>Since the beginning of July, the chart depicted volume-based buying activity and accumulation. A golden crossover and a sharp rebound from the $0.1000 mark gave birth to a new breakout.</p> 
<p>However, the breakout trapped the sellers, and a short covering move was spotted on the chart.&nbsp;</p> 
<p>Notably, the Fib extension tool gave a firm conviction that the breakout was worth buying, and the upcoming targets were around $0.1460 and $0.1500.</p> 
<h2 class="wp-block-heading" id="h-how-is-the-zig-token-price-doing-right-now"><strong>How is the ZIG Token Price Doing Right Now?</strong></h2> 
<p>When writing, the <a href="https://www.thecoinrepublic.com/price-prediction/zigcoin/"><strong>Zignaly</strong></a><strong> </strong>token was trading at $0.1387 with an intraday surge of 5.86%, reflecting buying momentum on the chart. It has a monthly return ratio of 80.20% and 229.30% yearly, reflecting a long-term uptrend.</p> 
<p>The pair of ZIG/BTC was at 0.00000208 BTC, and the market cap was $201.60 Million. Analysts were bullish and suggested that the <strong>ZIG price</strong> might stretch the breakout rally and soar 2x ahead.</p> 
<h2 class="wp-block-heading" id="h-can-zignaly-price-bulls-continue-to-exert-pressure"><strong>Can Zignaly Price Bulls Continue to Exert Pressure?</strong></h2> 
<p>After a bullish surge of over 40% this week, the ZIG token reached new highs and breached multiple clusters. It looked set to extend the bullish leg forward and was ready to sprint the rally ahead.</p> 
<p>After a three-month consolidation, <strong>ZIG </strong>finally breached out of range. Generally, when the asset comes out of a range, it sets for a vast surge and can surge over 20-40% shortly.</p> <iframe loading="lazy" title="Santiment Chart: Price (ZIG), Volume (ZIG)" width="800" height="425" src="https://embed.santiment.net/chart?ps=maker&amp;pt=MKR&amp;df=2024-01-24T18%3A29%3A59.904Z&amp;dt=2024-07-24T18%3A29%3A59.904Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_usd%3Bzigcoin%3BZIG%5D%3B%5B1%3Bvolume_usd%3Bzigcoin%3BZIG%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>Its RSI and MACD indicators gave a bullish overview as the coin hit new highs. Similarly, the Money Flow Index (MFI) favored the buying pressure.</p> 
<p>Per the Fib extension tool, the coin might extend its bullish leg up to the targets of $0.1520, followed by $0.1570 in the near term.</p> 
<p>In terms of the market cap, <strong>ZIG </strong>ranked at 224 and had a total supply of 2 billion at press time.</p> 
<p>@CryptoBullet, in his X post, guided a bullish stance on the ZIG price action. He gave a macro level target of $1.25, followed by $4.20, and guided an optimistic outlook.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ZIG&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZIG</a> Macro chart<br><br>Maintaining the initial uptrend <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f44c.png" alt="👌" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>I won’t be surprised if it switches to trend 2 (less steep) at some point.<br><br>As long as <a href="https://twitter.com/hashtag/ZIG?src=hash&amp;ref_src=twsrc%5Etfw">#ZIG</a> stays above the 30-Week EMA I’m expecting Wave 5. After that we might get a correction and then see more upside <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;"> 0.786 Fib is the… <a href="https://t.co/BL7bA5OaDj">pic.twitter.com/BL7bA5OaDj</a></p>— CryptoBullet (@CryptoBullet1) <a href="https://twitter.com/CryptoBullet1/status/1815694920633446902?ref_src=twsrc%5Etfw">July 23, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-more-on-the-social-front-of-zig"><strong>More on the Social Front of ZIG</strong></h2> 
<p>The Social Dominance Data revealed a speculative move, reflecting a sharp, volatile one. Notably, this strategic shift indicates that significant chatter among the investors was on the horizon regarding the new highs recorded in the coin.</p> <iframe loading="lazy" title="Santiment Chart: Social Dominance (ZIG), Development Activity (ZIG)" width="800" height="425" src="https://embed.santiment.net/chart?ps=maker&amp;pt=MKR&amp;df=2024-01-24T18%3A29%3A59.904Z&amp;dt=2024-07-24T18%3A29%3A59.904Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bsocial_dominance_total%3Bzigcoin%3BZIG%5D%3B%5B1%3Bdev_activity%3Bzigcoin%3BZIG%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22transform%22%3A%7B%22type%22%3A%22moving_average%22%2C%22movingAverageBase%22%3A42%7D%7D" scrolling="no"></iframe> 
<p>The immediate support levels for the <strong>ZIG price </strong>at the time of writing were $0.1370 and $0.1300. Its key upside hurdles were around $0.1470 and $0.1500.</p> 
<p>Its development data reflected flat movements and stayed below the zero line, directing neutral growth prospects in the ecosystem.</p> 
<h2 class="wp-block-heading" id="h-what-s-next-for-zig-after-hitting-new-highs"><strong>What’s Next for ZIG After Hitting New Highs?</strong></h2> 
<p>The <strong>Zignaly coin price </strong>went beyond the barriers and reached uncharted territory. Both the leading and lagging indicators gave a bullish overview, and sustained buying pressure might fuel the rally ahead.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2024/07/25/zignaly-zig-price-hits-new-all-time-high-should-you-buy-in/">Zignaly (ZIG) Price Hits New All-Time-High: Should You Buy In?</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

Zignaly (ZIG) Price Hits New All-Time-High: Should You Buy In?

Table of Contents

Thecoinrepublic.com

Další články publikované 25. 7. 2024

Investors Pull Funds from Ethereum ETFs

How High Can The XRP Price Go? Here Are Some Interesting Predictions

Kamala Harris: Bitcoin Is ‘Money for Criminals’

Metaplanet and Hoseki Team Up to Launch Bitcoin Proof of Reserves System

Celebrity Memecoins Plummet on Solana

Crypto Market Bloodbath: $300 Million Wiped out as Ether Hits $3,100

Join our free newsletter for daily crypto updates!