ETHZAR +155.88% in 24H on Strong Rally

On SEP 12 2025, ETHZAR rose by 155.88% within 24 hours to reach $79095, marking a continuation of its explosive growth trajectory. The asset has surged by 299.77% over the past seven days and 44.96% in the last 30 days, underscoring sustained momentum across multiple timeframes. The one-year cumulative gain stands at a staggering 2336.43%, signaling a powerful turnaround in market dynamics.

The recent sharp upswing has drawn attention from both retail and institutional participants, with on-chain metrics indicating increased participation in long positions. There is no mention of trading volume figures, but the velocity of price action suggests high conviction from market participants. This surge has repositioned ETHZAR as one of the most volatile yet compelling assets in the current market cycle.

Technical indicators have aligned with the bullish sentiment. The 50-period and 200-period moving averages are both trending upward, and ETHZAR has closed above the 200-period line, confirming a long-term positive trend. The RSI is currently in overbought territory, indicating the need for a potential consolidation phase. Analysts project that the price could continue climbing in the near term if the RSI remains above 50 and the asset maintains above its 50-period moving average.

Backtest Hypothesis

A backtesting strategy has been developed to analyze potential trading signals based on ETHZAR’s recent price action and technical indicators. The hypothesis centers on a dual-moving average crossover system, using the 50-period and 200-period moving averages to identify trend direction. A long signal is triggered when the 50-period line crosses above the 200-period line, while an exit is considered when the opposite occurs. The RSI is used as a filter to avoid false signals, with positions only entering when RSI remains above 50 and exiting when it dips below 30.

This strategy is designed to capture ETHZAR’s prolonged upward momentum while minimizing exposure during potential pullbacks. Given the asset’s current positioning above the 200-period line and a RSI that remains elevated, the conditions are currently aligned with the strategy's long bias. The backtesting aims to validate whether such a model would have captured the recent price surge and managed risk effectively during earlier correction phases.