The post Explaining the ZK price trend this week and what traders can expect next appeared on BitcoinEthereumNews.com.

Key Takeaways Why has ZK been volatile over the past 24 hours? Its 15% rally on Wednesday, followed by a 12% setback in under 12 hours, was due to the short-term range formation for ZK. What should traders expect for the next price trends? The bullish 1-day timeframe structure meant that a ZK price dip to $0.065 in search of liquidity would likely see a bullish rebound. On Thursday, 06 November, ZKSync [ZK] surged by 15% within two hours, from $0.066 to $0.076. In those two hours, Bitcoin [BTC] bounced by 2% from $100.3k to $102.3k, and ZCash [ZEC] was up 6.86%, from $510 to $540. The performance of ZCash is important because it has been leading the recent craze for privacy tokens and privacy tech. A boost in ZEC prices generally sees tokens such as ZK follow suit. Over the past ten hours, ZK retraced 1% from the $0.76 local high. In doing so, it showed that a short-term range formation may still be in play. The higher timeframe ZK price structure was bullish, and the uptrend could resume once the market sentiment shifts away from extreme fear. Short-term range shows ZK’s price is in a retracement phase Source: ZK/USDT on TradingView The daily chart highlighted a bullish structure in place after ZK broke past the $0.065 swing high from early October on Wednesday. The OBV and volume bars reflected heavy demand in recent days, and this bullish structure shift is likely to result in further gains for ZK. Source: ZK/USDT on TradingView The 1-hour chart underlined a short-term range formation (yellow) from $0.066 to $0.077. The retracement seen from Wednesday’s high was a rejection at the range high and a move to the range lows. The OBV and RSI were both neutral, and did now show an advantage…

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Filed under: News - @ November 7, 2025 9:23 am