Latest Boundless (ZKC) Price Analysis

Deep Dive

1. Technical Breakdown (Bearish Impact)

Overview: ZKC broke below its 7-day SMA ($0.204) and 30-day SMA ($0.23), with RSI-14 at 34.82 nearing oversold territory. The MACD histogram turned positive (+0.0094), but the MACD line (-0.0475) remains below the signal line (-0.057), suggesting weak bullish momentum.

What this means: The breakdown below key moving averages indicates persistent selling pressure. While RSI nearing 30 could signal a potential bounce, the lack of strong bullish divergence suggests further downside risk if $0.18 support fails.

What to watch: A sustained close above the 7-day SMA ($0.204) could stabilize prices, while a drop below $0.18 may trigger panic selling.

2. Market Sentiment Drag (Bearish Impact)

Overview: The crypto market cap fell 1.54% in 24h, with Bitcoin dominance rising to 59.8%. The Fear & Greed Index hit 21 (“Extreme Fear”), and altcoin season metrics show capital rotating to safer assets.

What this means: ZKC, as a mid-cap altcoin, is disproportionately affected by risk-off sentiment. Traders are exiting speculative positions amid macroeconomic uncertainties and reduced liquidity (global crypto volume down 12.88%).

3. Post-Recovery Profit-Taking (Mixed Impact)

Overview: ZKC surged 66% on October 17 after Upbit lifted an investment warning, but prices have since retraced 35.8% as early buyers cashed out. The 24h volume spike (+72.8% to $56.3M) suggests elevated selling activity.

What this means: The rally was driven by short-term speculation rather than organic demand. With no major protocol updates or partnerships since October, traders lack incentives to hold through volatility.

Conclusion

ZKC’s decline stems from technical breakdowns, sector-wide risk aversion, and profit-taking after its October rebound. While oversold conditions might invite tactical buying, the token remains vulnerable to broader market swings and its own thin liquidity (turnover ratio: 1.44).

Key watch: Can ZKC hold the $0.18–$0.19 support zone, or will Bitcoin’s dominance and macro fears trigger another leg down?

Deep Dive

1. Regulatory Clarity (Bullish Impact)

Overview: On 17 October 2025, South Korea’s largest exchange, Upbit, removed ZKC’s “investment warning” after the Boundless Foundation clarified tokenomics discrepancies. This reversed a prior 50% price crash triggered by deposit suspensions and supply transparency concerns.

What this means: The resolution restored confidence in ZKC’s legitimacy, sparking a 1,300% surge in trading volume post-announcement. Upbit’s decision signals reduced delisting risk, a critical factor for liquidity and retail participation in Asia.

What to watch: Sustained trading volume on Upbit and further DAXA updates.

2. Technical Rebound Signals (Mixed Impact)

Overview: ZKC’s RSI-14 (35.13) remains near oversold levels, while the MACD histogram turned positive (+0.010049) for the first time since September.

What this means: Traders may interpret this as a short-term buying opportunity, especially after ZKC stabilized near its September low of $0.13. However, resistance at the 23.6% Fibonacci level ($0.288) could cap gains.

What to watch: A close above the 7-day SMA ($0.207) to confirm bullish momentum.

3. Market Sentiment & Macro Context (Neutral Impact)

Overview: The crypto market rose 2.5% in the past 24h, but ZKC outperformed, suggesting coin-specific demand. Fear sentiment (CMC Fear & Greed Index: 24) persists, limiting upside.

What this means: ZKC’s rebound reflects selective risk-taking in altcoins, possibly driven by oversold conditions and its recent Binance VIP Loan listing (17 September 2025), which improved institutional access.

Conclusion

ZKC’s rally stems from reduced regulatory overhangs and technical bargain-hunting, though macro headwinds and high inflation (7% annual token supply growth) linger. Key watch: Can ZKC hold above $0.20 to challenge its 30-day SMA ($0.234)?