Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
ZKC has dropped by 2202% over the past year as a result of an extended downward trend.

ZKC has dropped by 2202% over the past year as a result of an extended downward trend.

Bitget-RWA2025/09/19 04:22
By:CryptoPulse Alert

- ZKC plummeted 549.46% in 24 hours and 2202% over 1 year, triggering market concern about its viability. - Analysts warn of prolonged bearish trends, citing weak RSI/MACD indicators and broken support levels. - A backtesting strategy proposes short-term selling with tight stops to capitalize on the sustained downtrend.

On September 19, 2025, ZKC plummeted by 549.46% in just 24 hours, hitting a price of $0.7348. Over the span of 7 days, 1 month, and 1 year, ZKC has experienced a steep decline of 2202%.

The dramatic and swift fall in ZKC has captured the attention of both traders and investors. The asset’s value has eroded by 2202% over the past year, reflecting extremely bearish market sentiment. This negative momentum has not let up, as significant losses have accumulated over the last week and month. The most recent one-day drop of 549.46% highlights a rapidly worsening decline, prompting concerns about ZKC’s immediate prospects and its overall stability.

Many have turned to technical analysis in hopes of spotting a turnaround or verifying the ongoing downtrend. Despite these efforts, the majority of technical signals remain on the bearish side, with indicators like RSI and MACD failing to reveal any hints of a rebound or upward momentum. These factors support the outlook of continued selling, as the price keeps falling through critical support thresholds. Experts believe that unless there is a substantial change in market dynamics or significant developments, the negative trend is expected to persist, at least for the foreseeable future.

Backtest Hypothesis

A backtesting

has been created to assess if trading ZKC during these bearish conditions could be profitable. This approach centers on short-term selling, with trades initiated by certain technical triggers such as moving average crossovers and RSI divergence. The premise is that the prevailing downtrend is both strong and likely to continue. The plan makes use of strict stop-loss and take-profit parameters to seize brief price changes while reducing risk. The hypothesis suggests that by trading with the dominant trend and exiting positions quickly, traders might achieve steady, though limited, profits from the ongoing price decline.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!