ZKC -2158.49% in 24 Hours Amid Sharp Correction

On SEP 22 2025, ZKC dropped by 2158.49% within 24 hours to reach $0.6681, ZKC dropped by 1339.37% within 7 days, dropped by 2870.37% within 1 month, and dropped by 2870.37% within 1 year.

The dramatic price plunge reflects a sustained downturn in investor sentiment and a broader market reassessment of the asset’s fundamentals. Over the past week, ZKC has underperformed across all measured timeframes, indicating a potential shift in market dynamics or underlying asset value expectations. Analysts project further uncertainty in the near term, given the magnitude of the decline and the lack of immediate catalysts for reversal.

Technical indicators point to a deepening bearish trend. The 50-day and 200-day moving averages have diverged significantly, with the 50-day line now well below the 200-day line, reinforcing a long-term downward trajectory. The Relative Strength Index (RSI) has entered oversold territory, though its position at this extreme may suggest either a potential rebound or further consolidation into a lower range. The Moving Average Convergence Divergence (MACD) has remained negative, with the histogram showing no signs of narrowing, signaling that the bearish momentum remains intact.

The asset’s performance has raised concerns among market observers. While no official explanation has been provided by the project or its stakeholders, the rapid and severe price deterioration points to broader macroeconomic or sector-specific pressures. The lack of immediate counter-movements in related assets suggests that the decline is not merely a correction but potentially a more structural shift.

Backtest Hypothesis

A potential backtesting strategy involves identifying entry points after a 50% pullback from the current price. This approach assumes the RSI’s oversold reading may eventually trigger a temporary rebound. The strategy would look to sell at a 15% profit or cut losses if the price breaks below $0.50. The use of stop-loss and take-profit levels aims to manage risk while capitalizing on any short-term volatility. The 200-day moving average is proposed as a dynamic support level for assessing the potential strength of any recovery attempt. While this remains speculative, the hypothesis is grounded in the current technical configuration and seeks to align with the prevailing bearish trend.