Zerobase ZBT Price Surges 55%, Triggering $1.2 Million Liquidation Cascade
- Price Surge: Zerobase (ZBT) experienced a remarkable 55% price increase within five hours on March 21, 2025, elevating its market capitalization to approximately $44 million, indicating strong market demand and potential value for the token.
- Liquidation Impact: This price surge triggered over $1.2 million in forced liquidations, primarily affecting short positions against ZBT, highlighting the inherent risks and volatility within the cryptocurrency derivatives market.
- Volume Spike: Trading volume on the South Korean exchange Upbit surged dramatically during the event, with ZBT's price briefly reaching around 270 KRW, indicating a significant increase in market participation that further fueled the price rally.
- Market Structure Analysis: Market analysts suggest that the short-term price fluctuations of ZBT may have been triggered by a sudden shift in market sentiment or coordinated buying by large holders, emphasizing the importance of risk management in the crypto market.
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Technical Analysis for ZBT
Technical Sentiment Analysis for ZEROBASE (ZBT) As of , ZEROBASE (ZBT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ZBT 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 stock.
Support, Resistance & Moving Averages From a structural perspective, ZBT 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 $-.
ZEROBASE (ZBT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00964 | 0.0331 | 0.053 | 0.0765 | 0.0964 | 0.12 | 0.14 |
| Fibonacci | 0.0331 | 0.0497 | 0.0599 | 0.0765 | 0.0931 | 0.103 | 0.12 |
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