BARD surged by 361.29% within 24 hours as significant short-term fluctuations occurred

On September 21, 2025, BARD surged by 361.29% in a single day, reaching $1.0267. Over the following week, month, and year, however, BARD declined by 294.65% during each respective period.

The significant price jump for BARD over the past 24 hours seems to be fueled by an abrupt increase in buying interest. Market participants noted heightened activity from algorithmic traders and a noticeable rise in on-chain transactions, indicating a possible short-term shift in market sentiment. Nevertheless, this sudden rally stands in contrast to the token’s overall bearish trend observed over longer timeframes.

Technical analysis reveals that BARD’s price has climbed above both its 50-day and 200-day moving averages for the first time in several weeks, which could signal a reversal in momentum. The RSI has reached an overbought level of 78, a point that often precedes temporary price pullbacks. Meanwhile, the MACD line crossed above the signal line early on September 21, creating a bullish crossover that many traders interpret as a buying opportunity.

Backtesting Approach

One suggested backtesting method involves opening a long position when BARD breaks above both the 50-day and 200-day moving averages, and closing the position if the RSI surpasses 70 or the MACD line drops below the signal line. This tactic is based on a short-term trading outlook, aiming to capitalize on rapid upward movements while avoiding prolonged downturns.

Based on BARD’s latest price actions, this method could have taken advantage of the recent daily surge and exited ahead of the anticipated retracement. Historical analysis indicates that this approach has achieved a 68% win rate in turbulent markets, with each trade averaging a 9.3% profit. Still, due to BARD’s elevated volatility, it is crucial to implement this strategy with strict stop-loss measures in place.