Altcoin Market in Severe Decline: ZkPass (ZKP) Drops Along with the Sector

BankruptWorker · 2025-12-26T19:28:31+00:00

The current crypto market is under pressure, especially altcoins, with ZkPass ($ZKP) experiencing a 15.72% decline to $0.15. Factors like airdrop sales are impacting prices, and the crucial support level at $0.15 will determine future movements. Investors should monitor market behavior closely.

BankruptWorker

2025-12-26 19:28:31

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The current crypto market landscape is characterized by widespread pressure on altcoins, with technical indicators signaling extreme weakness. The fear index remains at 24, reflecting investor caution, while altcoin RSI levels are reaching record lows— a classic sign of potential oversold conditions in the market.

In this volatile environment, ZkPass ($ZKP) could not remain isolated. The coin has experienced a 15.72% drop in the last 24 hours, with the current price at $0.15. Since its debut on December 19, the coin has accumulated approximately a 35% retracement, reflecting the difficulty new listings face in gaining traction in a unfavorable environment.

Market analysts point to a confluence of negative factors. Sales related to airdrops continue to pressure prices, while overall crypto sentiment remains fragile. The selling by free token distributors is a recurring phenomenon that particularly affects early-stage altcoins.

The support zone near $0.15 becomes critical in determining the next moves. If this level gives way, the coin could face a deeper decline. On the other hand, if it manages to stay above this mark, it could indicate that the market is consolidating and preparing for a possible recovery. Investors should closely monitor how the altcoin market will behave in the upcoming sessions.

ZKP2,32%

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