Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
BARD Surges 1745.86% Over 7 Days with Significant Short-Term Growth

BARD Surges 1745.86% Over 7 Days with Significant Short-Term Growth

Bitget-RWA2025/09/25 01:50
By:CryptoPulse Alert

- BARD plummeted 562.32% in 24 hours on Sep 24, 2025, reversing a 1745.86% 7-day surge. - Despite the crash, BARD gained 318.25% over 1 month and 1 year, attracting market attention. - Technical indicators showed mixed signals: oversold RSI suggested potential reversals, while bullish moving averages indicated long-term strength. - A proposed RSI/moving average backtesting strategy aims to exploit volatility with defined risk management parameters.

On SEP 24 2025,

experienced a dramatic 562.32% decrease in value over a single day, dropping to $1.0885. Over the previous week, BARD had surged by 1745.86%, and it also posted gains of 318.25% for both the past month and year.

BARD’s recent price swings have drawn considerable interest from both market analysts and traders. The steep 24-hour decline of 562.32% on SEP 24 2025 sharply contrasted with its impressive 7-day rally of 1745.86%. Despite this sudden downturn, the token’s overall monthly trend remains upward, with a 318.25% increase recorded. This ongoing strength has sparked discussions about what is fueling these moves, with many speculating that changes in on-chain metrics and liquidity are playing a role.

Following BARD’s rapid correction, technical analysis tools have produced conflicting readings. Short-term momentum indicators like the Relative Strength Index (RSI) and the Stochastic oscillator now show oversold levels after the recent drop, which could indicate a possible rebound. At the same time, the 50-day moving average is still positioned above the 200-day moving average, suggesting that the broader trend remains bullish even after the pullback. These contradictory signals have made it challenging for traders to determine optimal entry points.

Backtest Hypothesis

One suggested backtesting approach for BARD combines RSI and moving average crossover signals to take advantage of short-term price fluctuations. The strategy would initiate long trades when the RSI falls below 30, indicating an oversold market, and the price moves above the 50-day moving average, signaling upward momentum. Positions would be closed when the RSI climbs above 70 or the price drops below the 200-day moving average, which would be seen as a bearish sign. This method aims to benefit from BARD’s volatility while controlling risk through predetermined stop-loss and take-profit points.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!