zkSync Price Prediction: ZK Surges 9%, But Analysts Say Consider This New AI Meme Coin For Potential 100X Gains !!#BinanceTournament #AirdropGuide #EarnFreeCrypto2024 #altcoins #BTC The zkSync price surged 9% in the last 24 hours to trade at $0.2230 as of 01:09 a.m. EST on trading volume that plunged 37% to $746 million.

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.

After its launch, the zkSync price dropped as over 41% of wallets dumped almost all of their tokens.

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 GeckoTerminal.

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. The zkSync price is still bullish, with the token still trading well above the 50-day Simple Moving Average (SMA).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.

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.

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.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.