ZKC -41.24% in 24 Hours Amid Sharp Downtrend

Generated by AI AgentAinvest Crypto Movers Radar
Thursday, Oct 2, 2025 8:08 pm ET1min read
Aime RobotAime Summary

- ZKC plunged 41.24% in 24 hours to $0.3395, extending its 7-day 3978.63% and 1-year 6401.66% declines.

- Analysts warn of structural bearishness as ZKC's sharp drop confirms a sustained downward trend with no stabilization signs.

- Technical indicators show 50/200-day moving averages far above current price and RSI at historic lows, reinforcing extreme oversold conditions.

- Persistent bearish momentum remains unchallenged despite extreme price erosion, raising concerns for long-term investors.

On OCT 2 2025, ZKC dropped by 41.24% within 24 hours to reach $0.3395, marking a continuation of its severe decline that has seen the token fall by 3978.63% over 7 days, 2248.97% over 1 month, and 6401.66% over 1 year. The asset remains in a deep bearish phase, with no immediate signs of stabilization.

ZKC’s price action has triggered a broad reassessment of its market position, with analysts emphasizing the rapid and sustained losses as key concerns for long-term holders and investors. The asset’s performance has deviated sharply from historical trends, with the recent 24-hour drop reinforcing the downward trajectory. The extended timeframes show a consistent pattern of erosion, indicating a structural shift rather than a temporary correction.

Technical indicators confirm the bearish momentum. The 50-day and 200-day moving averages are both positioned significantly above the current price, signaling a strong bear trend. The Relative Strength Index (RSI) has fallen to a historically low level, indicating extreme oversold conditions. However, this has not been accompanied by a reversal in price action, suggesting that bearish sentiment remains firmly in place.

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