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ZIG Price Analysis: Accumulation and Manipulation Phases Completed, Expansion Phase Possible Says Cas Abbé | Flash News Detail | Blockchain.News
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4/28/2025 3:59:31 PM

ZIG Price Analysis: Accumulation and Manipulation Phases Completed, Expansion Phase Possible Says Cas Abbé

ZIG Price Analysis: Accumulation and Manipulation Phases Completed, Expansion Phase Possible Says Cas Abbé

According to Cas Abbé (@cas_abbe), $ZIG has completed both its accumulation and manipulation phases, indicating that a market bottom may be in place. Cas Abbé suggests that ZigChain ($ZIG) could soon enter its expansion phase, potentially leading to a significant price rally. Traders should monitor $ZIG for breakout confirmation and volume surges as indicators for the onset of a new upward trend. This analysis is based on Cas Abbé's recent post on April 28, 2025 (source: Twitter/@cas_abbe).

Source

Analysis

The cryptocurrency market has been buzzing with discussions around Zignaly's native token, ZIG, following a tweet from crypto influencer Cas Abbé on April 28, 2025, at 10:15 AM UTC, suggesting that ZIG may be entering its expansion phase after completing its accumulation and manipulation phases (Source: Twitter, @cas_abbe, April 28, 2025). This statement has sparked interest among traders looking for the next big rally in altcoins, especially in the context of ZIG's price movements and market sentiment. As of April 28, 2025, at 12:00 PM UTC, ZIG is trading at $0.095 on Binance, reflecting a 7.2% increase from its 24-hour low of $0.088 at 3:00 AM UTC on the same day (Source: Binance Live Data, April 28, 2025). This price surge aligns with a noticeable uptick in trading volume, which spiked by 35% to $12.5 million in the last 24 hours as of 12:00 PM UTC (Source: CoinMarketCap, April 28, 2025). Additionally, on-chain data from Dune Analytics shows a 22% increase in unique wallet addresses holding ZIG, recorded at 18,450 addresses as of April 27, 2025, at 11:59 PM UTC, indicating growing investor interest (Source: Dune Analytics, April 28, 2025). For traders searching for 'ZIG price prediction 2025' or 'ZIG token rally potential,' this development could signal an early entry point into a promising altcoin with momentum building across multiple trading pairs like ZIG/USDT and ZIG/BTC on exchanges such as Binance and KuCoin.

Diving deeper into the trading implications, the tweet from Cas Abbé on April 28, 2025, at 10:15 AM UTC, has acted as a catalyst for short-term bullish sentiment around ZIG (Source: Twitter, @cas_abbe, April 28, 2025). The price movement from $0.088 at 3:00 AM UTC to $0.095 by 12:00 PM UTC on April 28, 2025, suggests a potential breakout if momentum sustains (Source: Binance Live Data, April 28, 2025). Trading volume analysis reveals a significant concentration of activity on the ZIG/USDT pair, accounting for 68% of the total volume with $8.5 million traded in the last 24 hours as of 12:00 PM UTC (Source: CoinMarketCap, April 28, 2025). Meanwhile, the ZIG/BTC pair recorded a volume of $2.3 million, reflecting a 15% share of total trades during the same period (Source: KuCoin Data, April 28, 2025). On-chain metrics further support a bullish outlook, as transaction volume on the ZIG network increased by 28% to 1.2 million transactions between April 27, 2025, at 12:00 AM UTC and April 28, 2025, at 12:00 PM UTC (Source: Dune Analytics, April 28, 2025). For traders exploring 'ZIG crypto trading strategies' or 'best altcoins to buy in 2025,' these metrics suggest that ZIG could offer scalping opportunities on short timeframes, especially if social media sentiment continues to drive retail interest. However, caution is advised, as sudden spikes driven by influencer tweets can lead to volatility.

From a technical analysis perspective, ZIG's price chart on the 4-hour timeframe shows a breakout above the $0.092 resistance level at 9:00 AM UTC on April 28, 2025, with the current price at $0.095 as of 12:00 PM UTC (Source: TradingView, April 28, 2025). The Relative Strength Index (RSI) stands at 62, indicating bullish momentum without entering overbought territory as of the same timestamp (Source: TradingView, April 28, 2025). Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, with the MACD line crossing above the signal line at 8:00 AM UTC on April 28, 2025, further supporting a potential upward trend (Source: TradingView, April 28, 2025). Volume data corroborates this analysis, with a peak of $5.8 million in trading volume recorded between 9:00 AM and 10:00 AM UTC on April 28, 2025, coinciding with the breakout (Source: CoinMarketCap, April 28, 2025). For those searching 'ZIG technical analysis 2025' or 'ZIG trading signals,' key levels to watch include the next resistance at $0.098 and support at $0.090, based on historical price action over the past week (Source: Binance Historical Data, April 28, 2025). While ZIG is not directly tied to AI-related developments, its integration with automated trading tools on the Zignaly platform could attract interest from AI-driven trading communities, potentially influencing sentiment if AI trading volumes for altcoins rise in the future (Source: Zignaly Official Website, April 28, 2025). Traders should monitor social media trends and on-chain activity for further confirmation of sustained momentum in this emerging altcoin.

In summary, ZIG presents an intriguing opportunity for traders following the recent price surge and influencer-driven sentiment as of April 28, 2025. With concrete data points across price, volume, and on-chain metrics, those searching for 'ZIG token investment tips' or 'altcoin breakout 2025' can find actionable insights in this analysis. Keep an eye on key technical levels and market sentiment for optimal entry and exit points.

FAQ Section:
What is the current price of ZIG token as of April 28, 2025? The current price of ZIG is $0.095 as of 12:00 PM UTC on April 28, 2025, based on live data from Binance (Source: Binance Live Data, April 28, 2025).
What are the key trading volumes for ZIG on April 28, 2025? ZIG recorded a 24-hour trading volume of $12.5 million as of 12:00 PM UTC on April 28, 2025, with the ZIG/USDT pair contributing $8.5 million (Source: CoinMarketCap, April 28, 2025).

Cas Abbé

@cas_abbe

Binance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.