ZachXBT Warns Crypto Community of Fund Commingling Risks
- Fund Commingling Warning: ZachXBT revealed at least $25 million in alleged fund commingling linked to investment schemes associated with Gurhan Kiziloz, indicating potential fraud risks in the crypto industry that could undermine investor confidence.
- Lack of Transparency: ZachXBT highlighted the absence of necessary disclosures in the pre-sale materials for BlockDAG and ZKP, exacerbating skepticism towards these projects and potentially affecting their market acceptance.
- Surge in Investor Complaints: An increasing number of retail investors are voicing complaints on social media regarding the BlockDAG Network, indicating functionality issues that could lead to investor losses and damage its reputation.
- Lavish Spending Raises Concerns: ZachXBT exposed Kiziloz's extravagant spending on luxury items, suggesting unclear funding sources that may prompt further regulatory scrutiny, impacting the overall stability of the crypto market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ZKP
Technical Sentiment Analysis for (ZKP). As of , (ZKP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZKP 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, ZKP 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 $-.
(ZKP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0515 | 0.0601 | 0.0669 | 0.0755 | 0.0823 | 0.0909 | 0.0977 |
| Fibonacci | 0.0601 | 0.066 | 0.0696 | 0.0755 | 0.0814 | 0.085 | 0.0909 |
About the author
