Biggest Movers: LINK Hovers Near Long-Term Support as ZIL Loses 10% of Its Value – Market Updates Bitcoin News

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Since hitting $0.2300 earlier this month, ZIL is now down by over 50%.

ZIL was down by as much as 10% to start the week, as prices continued to fall following recent highs. LINK was also predominantly red on Monday, as it marginally fell below the long-term support level, hitting a one-month low in the process.ZIL was one of the biggest crypto movers on Monday, as prices dropped by as much as 10% to start the week.

Today’s drop sees ZIL fall for the fourth consecutive session, pushing prices below its recent support level in the process.This floor of $0.1030 gave way for the first time this month, with prices falling to their lowest level since late March. Following a high of $0.2300 to start the month, ZIL has seen consistent falls in price, which now means prices are over 50% lower so far in April.Similar to ZIL, LINK has fallen for much of April thus far, as prices moved away from multi-month highs.

This move sees LINK trading around 8% lower to start the week, and has led to a breakout of the $13.50 price floor.As a result of today’s drop, prices have fallen to their lowest point since March 15, which could be good news for bulls looking to buy the dip.

 

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It’s gonna dump 75%

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