Little intro: I've been watching this coin since its tokensale. At that time BTC and all Alts market was so hyped, so didn't bought but I inserted ZKP into my Wishlist for the bear market. Currently it's sitting at -95% from the ATH. So I entered :)
Description: Bought my 1st bag here at $0.016. now it's at 5M mcap, with fully diluted mcap at 20M. A competitor is SCRT, during past bull run it went to 1.4B mcap, and it's now at 100M mcap.
So, I expect ZKP to reach at least 100M mcap within 2024-2025, during the next bull phase. In 2024 the circulating supply of ZKP will increase and (estimated) the price of ZKP for having 100M mcap will be roughly $0.15 [ 1st yellow ellipse ] that I imagine will be a strong resistance. During a Bull peak I expect ZKP (If the project gains traction) to move further into the 300M+ mcap zone (that acted as a support/resistance for SCRT as well). A 300Mcap valuation (considering the increase in the supply side) is at roughly $0.46 per ZKP [ 2nd yellow ellipse ].
NOTE1: we are still in the BTCUSD bear market (we don't know if 16k was the bottom or not), so ZKP may reach lower levels if BTC will dip further. In addition, I think that $0.016-0.02 maybe a good entry for Long Term. If ZKP will drop further under $0.01, I will certainly buy more!
NOTE2: Every red lines will act as resistance (and then support). My blue lines are NOT drawn respecting the TF. As I said I expect ZKP to move inside a vast range of 2-3years.
تم فتح الصفقة
ZKP broke 1st resistance at $0.037 and it's approaching the 2nd one at $0.057
تم فتح الصفقة
good path: Broke $0.057 resistance (now turned into a support) and rejected on the $0.08 resistance lines.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.