ZKC - -4002.77% in 1 Year Amid Sharp Downtrend

On SEP 25 2025, ZKC dropped by 12.41% within 24 hours to reach $0.5654, ZKC dropped by 3187.04% within 7 days, dropped by 4002.77% within 1 month, and dropped by 4002.77% within 1 year.

ZKC has entered a prolonged bearish trend, with the price experiencing a dramatic decline of over 4000% in the last 30 days. The asset has shown consistent downward momentum across multiple timeframes, with no immediate signs of stabilization. The steep price action has led to a reevaluation of fundamental and technical positions by institutional and retail participants alike.

Technical indicators such as the 20-day and 50-day exponential moving averages (EMAs) have diverged significantly, reinforcing the bearish narrative. The 20-day EMA is currently positioned far above the 50-day EMA, forming a negative crossover that suggests a weakening trend. Meanwhile, the RSI stands in oversold territory, indicating that the asset has been heavily sold off. However, in the current environment, this does not necessarily suggest a short-term reversal, as strong bearish momentum can persist through oversold conditions.

The sharp sell-off has sparked renewed discussions around the underlying fundamentals of ZKC. Analysts project that the project’s recent performance is being driven by broader market sentiment and a lack of meaningful on-chain activity. Multiple on-chain metrics, including transaction volume and active addresses, have seen declining trends, which may reflect reduced user engagement and developer activity. These signals contribute to a challenging outlook for near-term recovery.

Backtest Hypothesis

A proposed backtesting strategy to evaluate potential responses to ZKC’s price action would involve leveraging a combination of EMA crossover and RSI levels to identify possible entry or exit points. The strategy would utilize a long-only framework, where buy signals are generated when the 20-day EMA crosses above the 50-day EMA and the RSI is within a neutral range (between 40 and 60). Sell signals would be triggered when the 20-day EMA crosses below the 50-day EMA or when the RSI enters overbought territory (above 70). The aim is to capture directional momentum and filter out volatile, overextended movements that are typical of ZKC’s current trend.