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ZKC surges 156.43% in the past 24 hours despite significant pullbacks over extended periods

ZKC surges 156.43% in the past 24 hours despite significant pullbacks over extended periods

Bitget-RWA2025/09/18 01:38
By:CryptoPulse Alert

- ZKC surged 156.43% in 24 hours to $0.7812, contrasting 1639% declines over 7 days, 1 month, and 1 year. - Short-term buying pressure likely drove the rebound, but analysts warn long-term bearish trends persist without structural market shifts. - Increased trading activity lacks volume/liquidity growth, suggesting concentrated speculative activity rather than broad demand. - Technical indicators show extreme volatility, with RSI oscillating between overbought/oversold levels and moving averages signaling

On September 17, 2025, ZKC soared by 156.43% in a single day, reaching $0.7812. Despite this dramatic spike, the token has experienced substantial drops of 1639% over the past week, month, and year. This sudden daily rally has caught the eye of both traders and market observers, even as the overall trend for the token remains negative.

The notable 24-hour surge for ZKC stands out against a backdrop of ongoing losses. The token's uptick appears to be the result of short-term speculative interest, likely sparked by traders seeking to profit from rapid price fluctuations. While the sharp daily increase is significant, it is in stark contrast to the persistent decline in the token’s long-term performance. Experts believe that unless there is a fundamental change in the market environment or industry-wide trends, these temporary recoveries are unlikely to alter the prevailing downward pattern.

This price spike comes amid increased trading activity across the digital asset market, yet it has not been matched by a rise in overall volume or liquidity. This pattern indicates the price jump may be driven by a limited group of traders rather than a widespread surge in demand. Caution prevails among market watchers, who note that ZKC’s latest movement does not align with its established price trends or broader economic indicators. Analysts stress that further insights into on-chain transactions and capital flows are needed to determine if this rebound marks a genuine shift or is merely a temporary outlier.

Current technical analysis highlights significant volatility for ZKC. Both moving averages and RSI readings reveal intense price fluctuations, with the 50-day moving average well below the 200-day average. The Relative Strength Index has fluctuated between overbought and oversold territories in a short time span, pointing to a lack of clear direction. These factors underscore the token's unpredictable nature, suggesting that technical traders may be focusing on short-term, range-based approaches.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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