$ZKP is currently trading at 0.0594 USDT which is around Rs16.48. It is up by 29.98 percent in the last 24 hours. It is the third top gainer on your list.
The reason for the pump is the same ZK narrative. ZKC is up 73 percent and PROM is up 32 percent. So the whole zero knowledge sector is running today. ZKP stands for Zero Knowledge Proof and it is related to privacy and scaling tech.
From the chart it looks like ZKP had a strong rally in the first 17 hours. Price went from around 0.046 to 0.0588. Then in the last 6 to 7 hours it started pulling back and is now at 0.0594. So it pumped hard and is now consolidating or taking a small dip.
Three things to watch now. First, 0.0594 is near the recent high. If it breaks and holds above 0.060 we can see 0.065 next. Second, the pullback in the last few hours is normal after a 30 percent move. Watch if it holds above 0.055. Third, do not chase the pump. These fast moves often get a 10 to 15 percent correction.
Overall ZKP looks strong because it is part of the ZK theme that is hot today. Good for short term traders watching momentum.
#TrumpReachesVenezuelaOilDealOn17Fields #ZKP #GAINERS #gainercoin
The reason for the pump is the same ZK narrative. ZKC is up 73 percent and PROM is up 32 percent. So the whole zero knowledge sector is running today. ZKP stands for Zero Knowledge Proof and it is related to privacy and scaling tech.
From the chart it looks like ZKP had a strong rally in the first 17 hours. Price went from around 0.046 to 0.0588. Then in the last 6 to 7 hours it started pulling back and is now at 0.0594. So it pumped hard and is now consolidating or taking a small dip.
Three things to watch now. First, 0.0594 is near the recent high. If it breaks and holds above 0.060 we can see 0.065 next. Second, the pullback in the last few hours is normal after a 30 percent move. Watch if it holds above 0.055. Third, do not chase the pump. These fast moves often get a 10 to 15 percent correction.
Overall ZKP looks strong because it is part of the ZK theme that is hot today. Good for short term traders watching momentum.
#TrumpReachesVenezuelaOilDealOn17Fields #ZKP #GAINERS #gainercoin
