UNI Weakens, HYPE Stalls, ZKP Rises as the Next Big Crypto
- UNI Price Decline: Uniswap's price has slipped approximately 9% over the past week, currently trading between $4.70 and $5.00, with significant protocol developments overshadowed by market conditions, leading analysts to estimate less than a 20% chance of a near-term upside.
- HYPE Price Lag: Despite Hyperliquid's on-chain activity surging, leading all major blockchains in daily fees and trading volume, its price remains stagnant around $23 to $24, failing to reflect strong trader engagement, which has left traders cautious.
- ZKP Participation Model Innovation: Zero Knowledge Proof is distributing 190 million ZKP daily through an on-chain presale auction, avoiding fixed pricing and encouraging steady involvement, while also running a $5M giveaway that has attracted significant trader interest.
- Market Participation Differentiation: As consolidation continues, ZKP's structure-driven design allows it to stand out during price volatility, offering an alternative path centered on engagement, showcasing its potential in the future crypto market.
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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 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 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 | -0.0528 | 0.00935 | 0.0473 | 0.109 | 0.147 | 0.21 | 0.247 |
| Fibonacci | 0.00935 | 0.0476 | 0.0712 | 0.109 | 0.148 | 0.171 | 0.21 |
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