ZKP Protocol Enters Phase 2, Daily Allocation Drops to 190 Million
- Privacy Asset Surge: Monero's price has surged 54% over the past week, currently trading at $708.50, reflecting a strong demand for financial privacy amid tightening global regulations.
- ZKP Protocol Supply Tightening: As the ZKP protocol enters Phase 2, the daily allocation will drop to 190 million, with analysts predicting this change could lead to a staggering 7000x price increase, compelling investors to act quickly to avoid missing out.
- Solana Network Upgrade: Solana's price remains stable at $144.17, with the Firedancer upgrade reducing transaction times to 150 milliseconds, attracting over $1 billion in institutional investments, indicating growing market confidence in its long-term potential.
- Rapid Market Reaction: The 300% price increase of the ZKP protocol demonstrates the effectiveness of its mechanism, urging investors to secure assets quickly before supply tightens, to avoid paying a steep premium in the future.
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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 | -0.0541 | 0.00868 | 0.046 | 0.109 | 0.146 | 0.209 | 0.246 |
| Fibonacci | 0.00868 | 0.0469 | 0.0705 | 0.109 | 0.147 | 0.171 | 0.209 |
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