ZKC +53.3% in 24 Hours Amid Market Volatility

On OCT 11 2025, ZKC rose by 53.3% within 24 hours to reach $0.1889, marking a sharp intraday rebound. Over the same period, the token experienced a significant 4286.58% drop over 7 days, 5676.3% over one month, and a 7992.76% decline over one year. The 24-hour gain stands out as a rare positive swing in an otherwise highly volatile market.

The sudden 24-hour gain coincided with a surge in on-chain activity and a reduction in negative momentum across key indicators. Traders observed a narrowing of the relative strength index (RSI) and a flattening of the moving average convergence divergence (MACD) histogram, suggesting a possible short-term stabilization after an extended bearish phase. While these are not signals of a trend reversal, they indicate a temporary pause in the downtrend, drawing attention from short-term traders and algorithmic strategies.

Market participants are now monitoring whether ZKC can maintain its 24-hour momentum or if it will revert to the long-term downward trajectory. Technical analysts have noted that the token is still well below its 50-day and 200-day moving averages, reinforcing the idea that this upward movement remains within a broader bearish context. The on-chain data also shows a continued outflow of large holdings, with a significant portion of the circulating supply still held by long-term investors who show no immediate intent to sell.

Technical indicators remain mixed. The RSI, which had reached oversold territory in previous weeks, has moved into neutral ground, signaling reduced selling pressure but not necessarily bullish sentiment. The MACD line crossed the signal line during the 24-hour rally, forming a potential bullish divergence, but the volume of the move remains below average, limiting the predictive power of the signal. Analysts project that ZKC will continue to trade in a tight range unless it can break through key psychological levels or attract renewed institutional interest.

Backtest Hypothesis

To evaluate the potential of ZKC’s recent 24-hour rally, a backtesting strategy has been proposed based on a combination of RSI and MACD crossovers. The strategy assumes entry on a long position when RSI moves above 30 and the MACD line crosses above the signal line. A short position is triggered when RSI moves below 70 and the MACD line crosses below the signal line. Exit signals are based on a 5% trailing stop loss and a 5% take profit target. The model aims to test whether short-term volatility can be harnessed without requiring long-term bullish conviction in the token’s fundamentals.