Zilliqa Price Prediction: ZIL Faces Test of Conviction as Roadmap Progress Meets Weak Spot Demand

• ZIL volatility persists as price defends $0.0036 while resistance caps recovery attempts
• Derivatives interest rebounds, yet spot outflows show traders lack conviction still
• Network upgrades support long-term narrative, but demand confirmation remains missing

Zilliqa’s ZIL token has returned to trader focus as price volatility intersects with renewed development activity across its ecosystem. On the 4-hour ZIL/USDT chart, recent price action reflects a market balancing speculative interest against still-fragile demand conditions.

Price Structure Shows Volatility and Caution

ZIL recently recorded a sharp upside move before facing firm rejection near the $0.00756 resistance area. That advance showed aggressive momentum, yet sellers quickly reasserted control. 

Consequently, price retraced sharply and stabilized near $0.0036, a level now acting as short-term su…

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