The post ZKsync Price Struggles Near $0.019 After Yearlong Decline in Market appeared on BitcoinEthereumNews.com. zkSync price trades near $0.019 after losing moreThe post ZKsync Price Struggles Near $0.019 After Yearlong Decline in Market appeared on BitcoinEthereumNews.com. zkSync price trades near $0.019 after losing more

ZKsync Price Struggles Near $0.019 After Yearlong Decline in Market

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  • zkSync price trades near $0.019 after losing more than 74% over the past year.
  • Monthly data shows rejection near $0.021 as sellers return to the market.
  • Weekly derivatives data shows selling pressure slightly exceeding buy volume.

zkSync price is trading near $0.019 after a prolonged market decline, with data indicating the token has lost more than 70% over the past year, while traders closely watch the $0.018 support level across multiple charts as recent monthly and weekly signals suggest sellers still dominate the market.

The development affects traders, investors, and developers active in the Ethereum Layer-2 ecosystem. Price action in crypto exchanges was different in the past weeks and months. The support zone is of concern to market players to define the following stage of the market. 

Yearly Price Trend Shows Prolonged Decline

Yearly chart data from Kraken shows that zkSync trades near $0.019 after falling 74.24% over the past year. The data indicate a downward structure that began after the asset reached around $0.07 to $0.08 during mid-2025. Since that period, the token has formed lower highs and lower lows, which signals sustained bearish pressure in the market.

                                                 ZKsync One-Year Price Chart — Source: Kraken

Mid-cycle data indicate a spike during November 2025. Prices pushed higher for a short time. However, the move quickly reversed. Such spikes to traders indicated no change of direction as the downturn trend proceeded till early 2026.

The token trades near its one-year low of $0.018 with a market capitalization of about $171.94 million and a daily trading volume of $9.14 million. Supply is circulating at approximately 9 billion tokens. These figures indicate limited speculative inflows while the market searches for stability near yearly support levels.

Monthly Data Indicate Rejection Near Short-Term Resistance

Monthly data from CoinMarketCap indicates zkSync price trading around $0.01865 after a 12.87% drop over the past month. Early in the period, price attempted to move above the $0.020 to $0.021 range. That level acted as short-term resistance and rejected the move in mid-March.

                            ZKsync One-Month Market Chart — Source: CoinMarketCap

Rejection brought the price to the direction of the $0.018 area. Indicating buyers lost traction and sellers took over the market. Price movement during the month remained volatile but generally downward.

Market activity shows moderate participation. Data shows a 24-hour trading volume of $11.12 million and a market capitalization of $179 million. The market-to-volume ratio is approximately 6.2%, as current supply amounts to 9.2 and 9.6 billion tokens out of a maximum supply of 21 billion.

Weekly Derivatives Data Shows Sellers Still Active

Weekly data from Coinalyze indicates ZK/USDT on a long bearish structure. zkSync traded above $0.20 earlier in the cycle. Since then, the price has steadily declined toward the current $0.018 to $0.019 region.

                                  ZK/USDT Weekly Derivatives Chart — Source: Coinalyze

The latest weekly candle shows a decline of nearly 4.95%. That movement confirms that the broader downward trend remains active. The market participants are still monitoring whether the current support level can be defended by the buyers.

Buy and sell volume data also reflects this market pressure. Buy volume stands near 905.9 million units, while the sell volume reaches about 907 million units. The result is a negative net flow of minus 295.8 million.

Source: ZKsync Powers Cari Network for Tokenized Bank Deposits

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/zksync-price-struggles-near-0-019-after-yearlong-decline-in-market/

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