ZKC +58.24% in 24 Hours Amid Sharp Volatility

On OCT 4 2025, ZKC surged by 58.24% within 24 hours, closing at $0.3408. Despite this short-term rally, the token has seen a 3001.01% decline over seven days and a 2081.61% drop over one month. Over the past year, ZKC has plummeted by 6323.97%, reflecting an overall bearish trend amid ongoing market instability. These figures highlight the extreme volatility characterizing ZKC’s price action in recent periods.

The recent 24-hour gain marks a rare uptick in an otherwise declining trajectory. While the token remains deep in negative territory year-to-date, the sharp upward move in such a short time frame has drawn attention from observers of the ZKC ecosystem. The surge does not appear to be linked to any publicly announced developments related to the ZKC project, such as upgrades, partnerships, or governance changes.

From a technical perspective, ZKC’s price pattern continues to show signs of weakness, with key support levels frequently breaking under pressure. Traders and technical analysts have noted that the asset has yet to establish a sustainable bullish momentum following the 24-hour rebound. The absence of a clear reversal pattern on the charts suggests that the underlying bearish trend remains intact, and further testing of key support levels is likely in the near term.

The price action has also sparked renewed interest in the use of technical indicators for managing ZKC’s inherent volatility. Indicators such as the 50-period and 200-period moving averages remain in a bearish alignment, with the shorter-term average well below the longer-term line. The Relative Strength Index (RSI) has not yet shown signs of oversold territory, indicating that the recent upswing may be more of a short-term retracement than a trend reversal.

Backtest Hypothesis

A potential trading strategy under review involves the use of moving average crossovers and RSI divergence to identify potential entry and exit points in ZKC’s highly volatile environment. The backtest is designed to evaluate whether a systematic approach—triggering buy signals when the 50-period moving average crosses above the 200-period and RSI shows oversold divergence—can yield positive returns during periods of high volatility. Sell signals are generated when the 50-period moving average crosses back below the 200-period or when RSI shows overbought divergence.

The hypothesis is that while ZKC’s price is largely driven by macroeconomic and speculative factors, a structured approach using technical signals may offer a disciplined way to manage risk and capture short-term momentum. The backtest will be evaluated using historical price data and will be used to refine the strategy’s parameters for future implementation.