ZKC +1033.03% in 24 Hours Amid Short-Term Surge

On SEP 20 2025, ZKC rose by 1033.03% within 24 hours to reach $0.8107, ZKC dropped by 1361.22% within 7 days, dropped by 1361.22% within 1 month, and dropped by 1361.22% within 1 year.

The sharp 24-hour price increase suggests a sudden inflow of demand, potentially driven by speculative trading or a previously unpublicized development. This rise contrasts sharply with the token’s broader downward trend, where ZKC has lost over 1,300% in both the 7-day and 1-month periods. The discrepancy between the one-day jump and longer-term decline underscores the volatile nature of the asset and its susceptibility to market sentiment shifts or short-term catalysts.

Despite the recent single-day rally, the technical indicators remain bearish. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) both point to oversold conditions and a lack of sustained momentum. Traders and analysts have noted that without a structural shift in buying behavior or fundamental improvements, the upward move may not be sustainable. The price surge could be interpreted as a short-term correction rather than a reversal in the asset’s long-term trend.

Backtest Hypothesis

The backtesting strategy under consideration is designed to evaluate performance in a market similar to ZKC’s recent dynamics. The approach is based on a combination of RSI and moving average crossover signals. The strategy generates buy signals when RSI dips below 30 and the short-term moving average crosses above the long-term moving average, indicating a potential rebound. Sell signals are triggered when RSI rises above 70 or when the short-term moving average crosses back below the long-term average, signaling weakening momentum.

This hypothesis is particularly relevant in the context of ZKC’s recent price action. Given the sharp, one-day spike followed by a sustained decline, the strategy could have captured a portion of the upward movement while exiting before the downturn. However, the strategy's success would depend on the frequency and magnitude of such short-term rebounds, which appear to be rare in ZKC’s case. Traders using this approach would need to manage risk tightly due to the high volatility and the limited number of actionable signals.