Hi,
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.
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.
Trade active:
ZKP broke 1st resistance at $0.037 and it's approaching the 2nd one at $0.057
Trade active:
good path: Broke $0.057 resistance (now turned into a support) and rejected on the $0.08 resistance lines.
