{"id":537558,"date":"2024-06-19T08:59:31","date_gmt":"2024-06-19T08:59:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=537558"},"modified":"2024-06-19T08:59:31","modified_gmt":"2024-06-19T08:59:31","slug":"zksync-price-prediction-zk-surges-9-but-analysts-say-consider-this-new-ai-meme-coin-for-potential-10x-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/zksync-price-prediction-zk-surges-9-but-analysts-say-consider-this-new-ai-meme-coin-for-potential-10x-gains","title":{"rendered":"zkSync Price Prediction: ZK Surges 9%, But Analysts Say Consider This New AI Meme Coin For Potential 100X Gains"},"content":{"rendered":"

The zkSync price surged 9% in the last 24 hours <\/span>to trade at $0.2230<\/span><\/a> as of 01:09 a.m. EST on trading volume that plunged 37% to $746 million.<\/span><\/p>\n

This comes despite the project continuing to face criticism for failing to implement anti-sybil measures for its airdrop. Failing to implement such measures led to some dubious actors using multiple wallets to claim the tokens, analysts said.<\/span><\/p>\n

After its launch, the zkSync price dropped as over 41% of wallets dumped almost all of their tokens.<\/span><\/p>\n

However, the token retraced further, forming a double-bottom pattern. The pattern then allowed the bulls to stage a markup phase to the $0.2369 resistance zone, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

However, the bulls have not been able to reclaim this high, with the token dropping within a falling channel, forming what resembles a bullish pennant pattern.<\/span><\/p>\n

zkSync Price Set To Soar Over The Bullish Pennant<\/span><\/h2>\n
\"zkSync
ZKUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The zkSync price is still bullish, with the token still trading well above the 50-day Simple Moving Average (SMA).<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is also rebounding as it aims to soar over the 50-midline level, currently trading at 49. If the bulls sustain the bullish stance over the bullish pennant pattern, the RSI could soar as it hurtles toward the 70-overbought region.<\/span><\/p>\n

The general price of zkSync analysis on the 15-minute chart shows a bullish bias, as the bulls aim to push the token toward the upper boundary of the pennant, as they aim at pushing the token toward the $0.2369 resistance level.<\/span><\/p>\n

However, if the ZK price bears exert more pressure at this level, the bulls may retreat to the support zone around $0.2161, which coincides with the 50-day SMA.<\/span><\/p>\n

Meanwhile, as the ZK bulls aim to push the price to a bullish rally, other investors are pivoting to an AI meme coin called WienerAI (WAI), a new dog-themed token that merges two of the hottest niches in crypto right now: AI and meme coins.<\/span><\/p>\n

WienerAI Soars Past $6 Million In Presale – Next 100X Crypto?<\/span><\/h2>\n

WienerAI (WAI)<\/span><\/a> is a new meme coin sensation that has surged past the $6 million milestone in its presale, garnering immense attention within the crypto community.<\/span><\/p>\n

\n

More Wieners every day – Our WienerAI family is growing fast! 🐾<\/p>\n

More holders = More excitement for our launch!<\/p>\n

Ready to join the pack? 🌭🚀 pic.twitter.com\/TPFpsjLGFX<\/a><\/p>\n

— WienerAI (@WienerDogAI) June 13, 2024<\/a><\/p><\/blockquote>\n