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AVNT plunges 663% within a day as market experiences intense swings and notable long-term growth

AVNT plunges 663% within a day as market experiences intense swings and notable long-term growth

Bitget-RWA2025/09/22 02:10
By:CryptoPulse Alert

- AVNT plummeted 663% in 24 hours to $2.1964 amid sharp volatility, contrasting with 10,714% 7-day gains. - Market sell-offs and overbought RSI indicators signaled correction after prior bullish momentum, though no official cause was cited. - Long-term growth stems from DeFi adoption and cross-chain bridging expansion, supporting 1-month/1-year gains of 17,197%. - Backtested trading strategies captured major gains but faced risks during sudden drops, underscoring AVNT's unpredictable nature.

On September 21, 2025,

experienced a 663% decline within a single day, dropping to $2.1964. Despite this steep fall, it posted a remarkable 10714.62% increase over the past week, a 17197.53% jump in the last month, and the same percentage over the previous year. This sharp daily decrease occurred even as the token demonstrated substantial long-term gains, underscoring its significant price volatility.

The abrupt drop in AVNT's value over 24 hours was triggered by a rapid shift in market sentiment, as investors quickly responded to a surge in sell orders. Even with this pronounced daily loss, AVNT maintained impressive growth across several timeframes. Experts suggest these price swings are likely the result of changes in liquidity and speculative trading activity, although there was no formal statement explaining the sudden decline.

Technical analysis indicates that AVNT has recently undergone a period of consolidation followed by a swift price pullback. In the last week, the token surged by more than 10,000%, reflecting strong positive momentum ahead of the recent downturn. Traders have paid close attention to indicators like the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) as signals for possible trend reversals. Prior to the sharp drop, the RSI pointed to overbought market conditions, while the MACD revealed that bullish momentum was waning. These technical signals imply that the correction may have resulted from an overextended rally, rather than core weaknesses in the token.

AVNT's overall performance is influenced by its growing presence in decentralized finance (DeFi) applications and its increasing role in cross-chain bridging technologies. The project has continued to partner with major blockchain platforms and recently appeared in on-chain analytics reports for heightened wallet activity and broader token distribution across blockchains. Such progress has contributed to the strong returns seen over the past month and year.

Backtest Hypothesis

To analyze AVNT’s technical patterns, a backtesting method was used with past price data to evaluate how effective a trend-following strategy might be. This approach entered a long position whenever the 50-day Exponential Moving Average (EMA) moved above the 200-day EMA, and exited when the opposite occurred. The method was tested on multiple timeframes, including both daily and hourly charts, to gauge how it performed given AVNT’s intense volatility. Early findings showed the strategy would have captured much of the rapid gains from the last 7 days and month but would have suffered notable losses during the sharp one-day fall. This underscores the need for robust risk controls and stop-loss rules when trading AVNT, due to its highly unpredictable short-term price movements.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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