ZKC -123.87% 24-Hour Drop Amid Sharp Downtrend

On OCT 13 2025, ZKC dropped by 123.87% within 24 hours to reach $0.2078. Over the past week, the asset fell by 3216.62%, by 5247.59% over one month, and by 7793.74% over one year. The sharp decline reflects a deepening bearish momentum, with no immediate signs of reversal apparent in the near-term chart structure.

The price action shows a continuation of a bearish trend line, with key support levels breaking sequentially. The RSI indicator has entered oversold territory, but without a corresponding reversal in price direction, this signals a lack of buying interest rather than a bottoming pattern. On the MACD, the histogram continues to shrink in the negative territory, reinforcing the strength of the downtrend. Traders are closely watching for a decisive move below the $0.2078 level, which could extend the decline further into the $0.10 range in the near term.

The technical indicators currently suggest a continuation of the downward trajectory, with little to no likelihood of a short-term recovery. The 200-day and 50-day moving averages have both crossed below the price, forming a bearish crossover that further confirms the negative bias. Additionally, the asset has failed to hold above the $0.50 level since late 2024, indicating a structural shift in market sentiment. These metrics indicate that the sell-off is more than a temporary correction, and instead represents a long-term bear market.