Despite a 33% rise in the past fortnight, ZK is still facing negative sentiment. The token’s weighted sentiment is -0.26, reflecting fear, uncertainty, and doubt in social media discussions, often leading to a decline in value. Additionally, ZK’s Accumulation/Distribution (A/D) Line has fallen by 30% since 5 July, indicating a drop in demand. If this trend continues, ZK could drop to $0.16. If demand picks up, the price might increase to $0.20.
Chainlink (LINK) Shows Lacklustre Performance
Chainlink dropped to the $5 range during the 2022 crypto bear market, giving investors a chance to buy at lower prices in hopes that LINK would reach new highs, but it didn’t. LINK displayed average price movement and didn’t rise above $22 during the recent bull run. Currently, LINK is trading in the $14 range, over 70% down from it’s all-time high of $53.
Chainlink’s poor price movement has made it less attractive to those hoping to turn small investments into substantial profits. This is why many dissatisfied LINK holders are turning to hidden opportunities like Rollblock amid an expected market recovery.