professional technical analysis of the ZKP (zkPass)

📊 TECHNICAL ANALYSIS $ZKP

1. Market Structure

The coin experienced a massive spike to ~$0.30, followed by a steep crash.

Price bottomed around $0.089, forming the current local low.

Since then, price is moving sideways, forming a tight consolidation range between roughly 0.11 – 0.12.

This behavior usually shows:

Panic selling has slowed down

Market is searching for a new equilibrium

📉 2. Moving Averages (MA7 visible)

MA-7 is currently flat and slightly below price, meaning short-term momentum is stabilizing after the selloff.

No higher MAs (MA25/99) visible, but given the crash, they would still be above price, showing the trend remains bearish, but momentum is cooling.

🔊 3. Volume Analysis

After the massive sell volume during the dump, volume dropped significantly.

Low volume after a crash =

✔️ Selling pressure exhausted

✔️ Market waiting for a catalyst

✔️ Possible accumulation phase starting

This usually leads to one of two outcomes:

Relief bounce (common after large dumps)

Continuation down if support breaks

📍 4. Key Levels

Support

$0.089 → Swing low, strong support

$0.11 → Current minor support

Resistance

$0.125 → Immediate resistance

$0.171 → Next resistance above

$0.217 – $0.26 → Heavy resistance zone from the dump levels

📈 5. Prediction: Next Likely Move (Expert View)

Based on the current consolidation, low volume, and MA behavior:

✔️ Most likely scenario (60–70%) → Small Relief Bounce

Price may move toward:

$0.125 first

If broken, next target $0.14 – $0.17

Reason:

Dump appears exhausted

Consolidation after a crash typically attracts scalpers and short-term buyers

MA-7 turning flat suggests momentum shift

❗ Less likely scenario (30–40%) → Retest of Bottom

If price breaks below $0.11

A retest of $0.089 becomes likely

Below that, chart becomes bearish continuation

🧭 Summary

FactorBiasPrice ActionNeutral → Slightly bullishVolumeLow (indecision, possible accumulation)TrendStill bearish but stabilizingPredictionShort-term bounce toward $0.125–0.14

#ZKP

ZKP

Alpha

0.13861

+1.13%

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