ANKR -701.84% in 1 Month Amid Market Volatility and Liquidity Constraints

On SEP 6 2025, ANKR dropped by 108.62% within 24 hours to reach $0.01463, ANKR dropped by 142.08% within 7 days, dropped by 401.84% within 1 month, and dropped by 5667.56% within 1 year.

The recent dramatic price movement of ANKR has underscored the asset's volatility and liquidity challenges. Over the past 24 hours, the token saw its value plummet by more than 100%, signaling a sharp sell-off likely driven by a combination of market sentiment and fundamental underperformance. The decline continued over the next week, with the token falling another 142.08%, further eroding investor confidence and highlighting the fragile positioning of the asset.

By the one-month mark, ANKR’s value had dropped by a cumulative 401.84%, indicating a sustained bearish trend. This prolonged downward movement reflects a broader struggle within the cryptocurrency space, where certain tokens have seen significant devaluation due to macroeconomic pressures and waning demand. The one-year decline of 5667.56% is particularly stark, illustrating the long-term deterioration of the token’s value and the challenges it faces in regaining its market position.

The technical landscape of ANKR has also reflected these trends, with key indicators pointing to continued weakness. The 200-day moving average remains significantly above the current price, reinforcing the bearish narrative. Additionally, the RSI and MACD have remained in oversold territory for an extended period, suggesting limited buying interest and a lack of momentum to reverse the trend.

Backtest Hypothesis

A backtesting strategy was developed to evaluate the potential effectiveness of a contrarian trading approach in the context of ANKR’s prolonged bearish momentum. The strategy is based on technical indicators such as the 50-day and 200-day moving averages, as well as the RSI and MACD. The core logic involves entering long positions when the 50-day moving average crosses above the 200-day line, and the RSI and MACD indicate a potential shift in momentum from oversold to neutral territory.

This strategy was backtested on historical ANKR price data to determine its theoretical performance in past bearish conditions. The hypothesis is that while ANKR continues to underperform in the long term, short-term market corrections or rebounds may provide opportunities for traders to capture value. The results of the backtest are intended to offer insight into the feasibility of such a strategy in the context of ANKR’s current market dynamics.