ZKP Crypto Emerges as Key Focus Amid ETH and SOL Price Stagnation
- Ethereum Price Stability: Ethereum's price remains near major averages, with market participants awaiting clear direction as price swings diminish, indicating a cautious sentiment that may precede larger price movements.
- Solana Price Pullback: Despite strong on-chain metrics for Solana, including transactions and active wallets, its price has retreated from recent highs, increasing focus on support levels, where a failure to hold could lead to deeper pullbacks.
- ZKP Presale Auction Model: ZKP is conducting a daily on-chain presale auction releasing 190 million ZKP, utilizing a proportional distribution system that ensures fairness and transparency, drawing attention to new crypto projects amid market uncertainty.
- Strengthened Technical Infrastructure: Operating as a Substrate-based Layer 1 network, ZKP integrates an AI layer and zero-knowledge proofs to verify heavy workloads without exposing private data, with analysts suggesting its structure could yield up to 500x investment returns.
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Technical Analysis for ZKP
Technical Sentiment Analysis for (ZKP) As of , (ZKP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 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 stock.
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 | -0.0542 | 0.00864 | 0.0459 | 0.109 | 0.146 | 0.209 | 0.246 |
| Fibonacci | 0.00864 | 0.0469 | 0.0705 | 0.109 | 0.147 | 0.171 | 0.209 |
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