ZKP Presale Sees Strong Early Demand as Uniswap and Monero Stall
Uniswap (UNI) and Monero (XMR) have cooled after recent moves: UNI slipped below short-term moving averages and key resistance at $5.15–$5.35, testing support around $4.90–$5.00 with potential downside to $4.60–$4.70 if that level breaks. On-chain outflows suggest position trimming despite intact long-term fundamentals (protocol fees and burns). XMR is stabilizing near weekly support at $615–$625 after a pullback from $720–$760, with $600 as a critical level; failure to hold could expose $555 support. Meanwhile, a Zero Knowledge Proof (ZKP) project is drawing heavy early interest from builders and institutions via a demand-based presale auction that tightens supply each phase. The article argues ZKP’s privacy/verifiability use case and institutional-focused token distribution make it structurally different from past high-speed speculative winners and could create asymmetric upside if adoption and supply dynamics accelerate. Key actionable points for traders: UNI and XMR offer defined support/resistance levels for short-term risk management; ZKP presale demand may compress entry windows and increase volatility — traders should treat presale participation and secondary-market positioning as higher risk but potentially higher reward.
Neutral
The piece presents a mixed market picture: established tokens UNI and XMR show technical weakness and capital outflows, suggesting short-term downside risk or consolidation, but their fundamentals remain intact which limits a strongly bearish outlook. Simultaneously, rising institutional and developer interest in a ZKP presale implies potential future demand and structural growth for ZKP-related assets. That combination produces a neutral overall market impact: short-term trading may be choppy and risk-on toward ZKP-related instruments, while UNI and XMR could see limited rebounds if key supports hold. Historical parallels include phases where new infrastructure-focused tokens drew capital away from mature protocols (e.g., early DeFi/Layer-2 rotations), causing temporary pressure on established tokens but not immediate market-wide bullishness. Traders should expect higher volatility, defined risk setups for UNI/XMR around the support levels mentioned, and potentially sharp price moves or supply squeezes around the ZKP presale and subsequent listing phases. Position sizing, use of stops, and attention to on-chain supply changes are recommended.