How High Can Zilliqa Go?

Over the past two days, Zilliqa (ZIL) has experienced a sharp surge in volatility, highlighting how quickly momentum can return even to long-quiet altcoins. Following a strong impulsive move, price is now positioned at a technically important area that is likely to influence near-term direction. The market is currently deciding whether upside momentum can be sustained or whether a retracement toward lower, better-defined support levels may develop.

ZIL technical analysis

ZILUSD - 1 Day Time Frame

ZIL has entered an extreme momentum phase over the last two days, advancing by more than 93% in a very short period and currently consolidating around $0.00766. This region aligns closely with the volume point of control of the previous range (vPOCr) at $0.00777 and sits within a broader resistance zone between $0.00747 and $0.00795.

This area represents a technically dense resistance cluster where selling and buying pressure are closely matched, increasing the likelihood of short-term consolidation as the market assesses its next move.

The nearest support below current price is the vPOCr at $0.00687, which may act as an initial reaction zone if momentum weakens. This level represents the first area where renewed buying interest could emerge. Below that, another vPOCr is located at $0.00591, where a deeper retracement could unfold and where stronger demand may potentially appear.

If these key volume-based supports fail to hold, downside risk would increase. In such a scenario, price could rotate toward the next vPOCr at $0.00533 or extend further into the broader support zone between $0.00397 and $0.00420, which represents a more structurally significant base.

ZIL price target

If ZIL is able to stabilize and maintain momentum in the coming days, a confirmed break above the current resistance zone could open the path toward the next major resistance area at $0.01043–$0.01092. This zone is reinforced by the vPOCr at $0.01084, making it a technically significant level where supply may again become active.

Above this area, another important upside reference lies at the vPOCr near $0.01137. Should buying pressure remain persistent and price establish acceptance above that level, the next potential objective would be the resistance zone between $0.01173 and $0.01214, where a renewed slowdown or consolidation could reasonably be expected.