Price Position and Structural State
Zilliqa (ZIL) closed at 0.002517 USDT on August 30, 2026, down 1.06%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.002177 USDT, with resistance near 0.003162 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
ZIL is trading between key moving averages. MA20 at 0.002506 USDT stands as moving-average support, while MA50 at 0.002576 USDT stands as moving-average resistance. This creates a clear decision zone. A sustained hold above MA20 at 0.002506 USDT keeps the structure constructive, while a rejection near MA50 at 0.002576 USDT leaves the trend unresolved.
Trading Friction and Price Efficiency
ZIL shows high trading friction, with a 3-day friction score of 30.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.
Open Interest, Funding, and Positioning
Open interest fell -2.04% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is near neutral across the 24-hour and 7-day averages, at -0.000428% and -0.001823%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 2.22 and has moved above its 60-day range. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
ZIL shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is strengthening. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.57 | 0.712 | 0.325 | Moderate linkage |
| 60D | 0.241 | 0.465 | 0.058 | Weak linkage |
| 180D | 0.551 | 0.746 | 0.304 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
ZIL's bands are opening, but the move still lacks full support. Bollinger Band width% reads 31.52, close to the bottom of its full historical range. ATR% reads 7.18, near the lower side of its full historical range. 20-day Volume Z-score is -0.61, showing slightly below-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +12.52%, while RSI is 47.25.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. ZIL has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For ZIL, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.003162 USDT establishes a bullish regime, while a daily close below 55-day support at 0.002177 USDT confirms a bearish regime.