Based on today's classical pivot point (P1) with the value of $0.02894, zkSync has support levels of $0.02785, $0.02656, and the strongest at $0.02547. Similarly, zkSync resistance levels are at $0.03024, $0.03133, and $0.03262.
| # | Price | Strength |
|---|---|---|
| S1 | $0.02785 | |
| S2 | $0.02656 | |
| S3 | $0.02547 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.03024 | |
| R2 | $0.03133 | |
| R3 | $0.03262 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 29.37 | BUY |
| Stoch RSI (14) | 62.40 | NEUTRAL |
| Stochastic Fast (14) | 34.29 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 16.36 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.01 | NEUTRAL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -65.71 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 41.22 | NEUTRAL |
| VWMA (10) | 0.03 | BUY |
| Hull Moving Average (9) | 0.03 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.03 | NEUTRAL |
Over the past 7 days, zkSync price was most positively correlated with the price of Cosmos (ATOM), Algorand (ALGO), Toncoin (TON), Aptos (APT) and Immutable X (IMX) and most negatively correlated with the price of Sun Token (SUN), JUST (JST), TRON (TRX), Quant (QNT) and Nexo (NEXO).
| Name | Correlation |
|---|---|
| Cosmos | 0.874 |
| Algorand | 0.845 |
| Toncoin | 0.841 |
| Aptos | 0.837 |
| Immutable X | 0.828 |
| Name | Correlation |
|---|---|
| Sun Token | -0.793 |
| JUST | -0.780 |
| TRON | -0.737 |
| Quant | -0.665 |
| Nexo | -0.648 |
zkSync price is positively correlated with the top 10 coins by market cap with a price of 0.295, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.020.
Currencies that are positively correlated with zkSync indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with zkSync, a move in one direction for zkSync would translate into a move in the opposite direction for the negatively correlated coin.
