Price Position and Structural State
zkPass (ZKP) closed at 0.05116 USDT on August 30, 2026, up 2.08%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.03814 USDT, with resistance near 0.06237 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
ZKP is trading above short-term moving averages but remains below longer-term resistance. MA100 at 0.050325 USDT can act as near-term support for the recovery attempt, while MA200 at 0.06539 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
ZKP shows moderate trading friction, with a 3-day friction score of 41.9. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased sharply +43.49% in one day and moved above its 30-day range. This shows fresh leverage expansion, with new futures exposure now above the highest level from that range.
Funding is negative on the 24-hour average at -0.151690%, with the 7-day average also negative at -0.017884%. This shows sustained short-side cost pressure across both short and medium windows.
The long/short ratio is 1.92, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
ZKP shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is weakening. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.29 | 0.453 | 0.084 | Weak linkage |
| 60D | 0.338 | 0.798 | 0.114 | Moderate linkage |
| 180D | 0.447 | 0.864 | 0.2 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
ZKP is trading with expanding volatility. ATR% reads 8.92, near the lower side of its full historical range, and Bollinger Band width% reads 28.18, above its 30-day range. 20-day Volume Z-score is 4.05, showing strong above-normal participation. Range movement, volatility structure, and participation are working together.
Momentum is stronger. RSI is 67.62, ROC14 is +26.98%, and MACD histogram is positive. These readings point in the same direction: upside pressure is active across momentum and multi-day acceleration.
The read is clear: volatility, participation, and momentum are aligned, so the pressure build carries more weight.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. ZKP has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For ZKP, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.05408 USDT establishes a bullish regime, while a daily close below 55-day support at 0.03814 USDT confirms a bearish regime.