Phishing Attack Targets ZKsync and Matter Labs X: False US Investigation Alerts Create Havoc
Phishing Attack on ZKsync and Matter Labs: On May 13, ZKsync and Matter Labs fell victim to a phishing attack that compromised their X accounts, leading to the dissemination of false alerts regarding an SEC investigation and a fake airdrop, which caused a nearly 5% drop in the value of their native token, ZK.
Security Concerns and Previous Incidents: This incident follows a prior attack on April 15 where a hacker exploited a vulnerability in the airdrop distribution contract. The repeated breaches have raised significant concerns about ZKsync's security protocols, despite user funds not being directly compromised.
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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 6 technical signals, shows that 3 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 stock.
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 | -0.00287 | 0.00799 | 0.0156 | 0.0265 | 0.0342 | 0.045 | 0.0527 |
| Fibonacci | 0.00799 | 0.0151 | 0.0194 | 0.0265 | 0.0336 | 0.0379 | 0.045 |
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