0G Dips 151.79% in 24 Hours Amid Sharp Market Volatility

On OCT 1 2025, 0G experienced a dramatic 151.79% drop within 24 hours, closing at $2.722. Over the past week, the price fell by 2599.13%, marking one of the most severe declines in recent memory. However, within the last month, the asset saw a significant rebound of 728.35%, illustrating a volatile but dynamic market behavior. Over the past year, the cumulative decline amounts to 4371%, reflecting long-term bearish sentiment.

The abrupt drop in 0G's price signals heightened market uncertainty, potentially triggered by a combination of liquidity issues and sentiment shifts among key stakeholders. Despite the recent 728.35% gain in the last 30 days, the broader trend remains firmly bearish, especially when viewed over a 12-month period. These sharp price swings underscore the challenges of maintaining stability in the asset’s valuation.

Analysts project that the next phase of 0G’s movement will depend on how quickly market participants regain confidence. Given the asset’s history of extreme fluctuations, any potential recovery may be short-lived unless structural improvements in market depth and regulatory clarity are achieved. The recent 151.79% drop, while severe, may be seen by some as a correction within a larger cyclical pattern.

Backtest Hypothesis

To assess potential future performance, a backtesting strategy has been proposed based on historical 0G price behavior. The strategy uses a combination of moving averages and RSI indicators to identify entry and exit points. Specifically, a 200-day moving average is used as a long-term trend filter, while the 14-day RSI is employed to gauge overbought or oversold conditions. When the price crosses above the 200-day moving average and RSI dips below 30, it is considered a potential buy signal. Conversely, a sell signal is generated when the price falls below the 200-day moving average and RSI rises above 70. This approach aims to capture both short-term volatility and long-term directional trends.