Zilliqa (ZIL) has been a major mover over the past three weeks. The token posted record gains while many other coins cooled off, and the subsequent pullback has led to a dramatic rebound for ZIL. Despite the volatility, the coin still shows significant potential.
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Rising buying pressure could push ZIL higher in the coming days.
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The token is currently trading inside a key demand zone between $0.097 and $0.121.
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ZIL could potentially rise by roughly 30% from its present levels.
Source: TradingView
How Zilliqa Could Regain Momentum
ZIL experienced a fairly steep correction over the past week or so. After peaking in the final week of March, the token lost nearly 56% of its value. Following a consolidation period, however, ZIL has begun to recover.
At present, ZIL sits inside an important demand zone ranging from $0.097 to $0.121. Historically, this area has attracted strong buying interest, and we are already seeing upward movement. ZIL rose at least 7% in the last 24 hours, and bulls appear likely to keep buying within this zone.
As a result, ZIL’s price has room to climb, with a near-term upside estimate of about 30%. That said, a full recovery to the all-time high of $0.237 remains unlikely in the immediate term. While such a rebound is possible later in the year, the coin will likely encounter major resistance before approaching the $0.20 level.
What Are ZIL’s Long-Term Prospects?
After the exponential gains last month—where ZIL surged roughly 540%—it’s understandable that momentum has cooled. In the short- to medium-term, the token may struggle to sustain strong demand as markets consolidate.
Over the longer term, however, ZIL still presents substantial potential. If broader market conditions and on-chain and development milestones align, the token could see renewed strength. While near-term volatility is likely, the fundamentals and past performance suggest ZIL could still deliver meaningful returns over an extended time horizon, and 2026 could yet prove to be a productive year for the project.