ADI Chain to Integrate with ZKsync Elastic Network and Launch UAE Dirham Stablecoin
ADI Chain Integration: ZKsync has integrated ADI Chain, the first blockchain utilizing its Airbender technology, into its Elastic Network, enabling faster Ethereum block proofs in approximately 35 seconds.
UAE Stablecoin Initiative: ADI Chain will host the UAE's first dirham-backed stablecoin, with plans announced by Abu Dhabi institutions, pending regulatory approval from the Central Bank.
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Technical Analysis for ZK
Technical Sentiment Analysis for ZKsync (ZK). As of , ZKsync (ZK) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ZK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
ZKsync (ZK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0154 | 0.0175 | 0.0196 | 0.0216 | 0.0237 | 0.0258 | 0.0278 |
| Fibonacci | 0.0175 | 0.0191 | 0.02 | 0.0216 | 0.0232 | 0.0242 | 0.0258 |
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