QuickSwap [Old] priceQUICK

$QUICK Be quick to join the train before it is too late

$BROCCOLI sell its time for $QUICK

Guess the pattern for Quick Swap (QUICK) QuickSwap is a decentralized cryptocurrency exchange protocol built atop the Polygon blockchain network. The QuickSwap DEX was developed as a fork of the UniSwap decentralized exchange, which exists on the Ethereum blockchain network. QuickSwap supposedly promotes lower fees and faster transaction speeds than UniSwap and many other decentralized exchanges, largely due to being on Polygon. Since it exists on Polygon, platform users are required to hold MATIC in their decentralized wallets in order to pay for transaction fees whenever trading or engaging in DeFi strategies on QuickSwap. QuickSwap enhances liquidity through a crypto bridge to Ethereum, enabling the trading of ERC-20 tokens and native Polygon tokens. #QUICK $QUICK

might imply, and what I’d watch out for. As always ZKC has dropped below its major moving averages. That is, the current price is under things like the 50-day and 200-day MA. When price is below long-term moving averages, that usually signals a bearish or weak trend (at least until price can reclaim or break above those MAs). RSI is reported to be in extreme oversold territory. An oversold RSI (e.g. below ~ 30) suggests that recent selling is heavy, possibly overdone, meaning there could be a bounce or reversal coming. But oversold doesn’t guarantee reversal. Volatility & Trend Weakness Sharp price falls; big swings. That means any bullish signal will be fragile unless backed by strong support or demand. Price has “fallen below all major moving averages” — that’s a warning sign: often, when assets lose all those support lines, it takes a lot of strength (volume, positive news) to reverse. Recent Short-Term Surge + Reversal Risk There was reportedly a huge short-term spike (e.g. one day gains) followed by big drops. That kind of volatility often results in quick profit taking, sharp corrections Here are possible outcomes based on the data, for short-term and medium-term Short-term bounce Because RSI is oversold, we might see a relief rebound — a move up off a support level, maybe a retest of some lower moving average or recent resistance. Some buying volume, maybe positive news / sentiment, perhaps a stable support zone. Continued downward pressure If the broader trend is still negative, and MA levels stay above price, sellers may dominate; price could drift lower, possibly testing new lows. No major catalyst for demand; more sell pressure; weak market sentiment; lack of solid support. Trend reversal (more bullish) If ZKC can break above important moving averages (50-day, then 200-day), gain momentum (volume), possibly show RSI moving out of oversold into neutral, then bullish. Sustained buying; maybe favorable fundamentals or announcements; increasing demand. Though I didn’t get exact MA values from the sources, the general structure suggests: Resistance levels will likely be around the major moving averages that ZKC is below. So, if price is below the 50-day MA, that becomes resistance; same with the 200-day. Support levels might be previous swing lows (points where price bottomed recently) or psychological round numbers where traders might step in. Also, maybe where volume historically picks up. It helps to look at volume at those levels; big volume near a low suggests stronger support Risks & What to Be Careful Of Oversold RSI does not always mean bounce. In strong downtrends, RSI can stay oversold for a long time. False breakouts: sometimes price may cross above a moving average temporarily on low volume, then fall back