Traders Lose Confidence in INJ and XRP, Redirect Toward Zero Knowledge Proof’s Upcoming 200M/Day Auction Presale

The latest Injective (INJ) price analysis shows growing pressure as selling continues and key levels are tested. At the same time, the XRP price pattern is holding a strong support area that traders are watching closely for a possible move higher. These shifts have many people rethinking which project truly belongs on the best long term crypto list.

While short-term swings dominate the charts, a different approach is starting to draw attention. Zero Knowledge Proof (ZKP) is preparing for a fair and transparent auction system for its upcoming presale launch. This system is designed to give everyday users control, not only big players. With interest growing around how the process works, many are paying close attention to Zero Knowledge Proof (ZKP) as a serious contender among the best long term crypto projects to watch now.

Injective (INJ) Price Analysis: Market Under Pressure

According to the current Injective (INJ) price analysis, the coin has come under strong selling pressure. INJ recently dropped by around 7.33% and moved close to the $6.07 level. It is trading below the main moving averages, with the 20-day near $7.13, the 50-day near $8.87, and the 200-day near $11.81. This shows that the market is leaning more to the downside.

Support is holding near the $6.00 area, and that level is important. If the price slips below it, the next risk level could sit closer to $5.35. Some forecasts also show possible weakness in the short term, with a 7-day outlook pointing toward the $4.34 zone.

XRP Price Pattern: Holding Ground at Key Support

The current XRP price pattern shows the coin testing a very important support level around $2.00 to $2.06. This level has been held multiple times, and buyers continue to step in each time the price moves down to this zone. That repeated support is creating a strong base on the chart.

A pennant shape is now forming, which often appears when a market is getting ready for a larger move. In simple terms, the price is moving in a tighter range, and pressure is building up. If the XRP price pattern breaks upward from this shape, the next major level to watch would be around $2.64.

As long as the price stays above the $2 area, the situation remains stable. A drop below that level could weaken the setup. But for now, the XRP price pattern reflects a balance between buyers and sellers, with a possible shift coming if support continues to hold.

Zero Knowledge Proof (ZKP): How the Auction System Works

Rather than locking buyers into a single pre-set price, Zero Knowledge Proof (ZKP) has chosen a launch model that allows the market itself to shape the value from the very beginning. This shift has sparked growing curiosity around one key detail: how do ZKP presale auctions actually work? The process is designed to be open, visible, and driven purely by real demand instead of behind-the-scenes decisions.

Through its Initial Coin Auction (ICA), ZKP crypto makes 200 million coins available every 24 hours. Participants can contribute using ETH, USDC, or ZUSD, and once the daily window closes, the price is calculated by dividing total contributions by the available coin supply. To prevent large players from controlling the outcome, a $50,000 per-wallet daily limit is enforced across the board.

This balanced structure allows both smaller and larger participants to compete on equal footing. It also gives users the option to observe that day’s demand and decide whether to enter or wait for a better opportunity. All activity is recorded on-chain, ensuring a tamper-proof and transparent process.

Interest in this project has grown even stronger following the ZKP crypto’s new partnerships with the Dolphins and FC Barcelona. These global names have pulled massive attention toward the project, adding fresh excitement and pushing anticipation for ZKP’s auction launch to a whole new level.

To Sum Up

Recent Injective (INJ) price analysis highlights continued selling pressure and uncertainty at key support levels, while the XRP price pattern shows steady defense around the $2 zone with a possible breakout forming.

These trends give insight into short-term market movement, but they also remind people to look at the deeper structure and fairness when thinking long term. This is where Zero Knowledge Proof (ZKP) stands out.

The ZKP project’s transparent auction system, clear daily limits, and growing partnerships create a sense of balance and access for everyone. With presale interest rising and its model focused on fairness and user control, many now see Zero Knowledge Proof (ZKP) as a serious best long term crypto contender for the future.

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Website: https://zkp.com/

The post Traders Lose Confidence in INJ and XRP, Redirect Toward Zero Knowledge Proof’s Upcoming 200M/Day Auction Presale appeared first on Blockonomi.

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