0G Dips 18.34% in 24 Hours Amid Sharp Technical Corrections

On OCT 12 2025, 0G dropped by 18.34% within 24 hours to reach $2.169, 0G dropped by 2364.08% within 7 days, dropped by 1429.13% within 1 month, and dropped by 5503% within 1 year.

The recent price action has triggered a re-evaluation of 0G’s technical profile, with on-chain data and historical patterns indicating a significant sell-off. The coin has failed to hold key resistance levels, and multiple indicators now suggest a continuation of bearish momentum. Traders and analysts have noted the absence of stabilizing factors in the 0G ecosystem, which has led to heightened volatility and a lack of institutional support.

The breakdown in 0G’s price structure is underscored by the coin’s inability to recover above the $3.50 level, a threshold previously seen as critical for short-term stability. The 200-day moving average has been breached, with the price now trading well below this long-term benchmark. In addition, the Relative Strength Index (RSI) has entered oversold territory, though this condition typically reflects exhaustion rather than a potential reversal, especially in the absence of a strong buying signal.

Technical analysts have also pointed to the breakdown of multiple Fibonacci retracement levels, with the price now aligning with a projected target of $1.90—suggesting further downward pressure. The MACD (Moving Average Convergence Divergence) has shown a persistent bearish crossover, reinforcing the view that the short-to-medium-term trend remains negative. These indicators, when taken together, suggest a continuation of the current trend rather than a reversal.