ID +287.81% in 1 Month Amid Technical Breakout and Market Recovery

On AUG 31 2025, ID dropped by 226.88% within 24 hours to reach $0.1615, ID rose by 90.09% within 7 days, rose by 287.81% within 1 month, and dropped by 6148.56% within 1 year.

The recent price rebound in ID reflects a sharp reversal following a significant short-term decline. Despite the 226.88% drop in a 24-hour period, the asset has recovered strongly over the past week, rising 90.09%. This short-term bounce suggests a potential shift in sentiment, though the broader annual context remains highly bearish with a total decline of 6148.56% from a year ago.

Technical indicators show signs of a recovery in ID’s price action. Momentum appears to have shifted in favor of buyers, with positive divergences emerging in key oscillators. This has led to a break above several key support-turned-resistance levels, which historically have acted as barriers to upward movement. The sustained price above these levels may indicate the formation of a new bullish trend, although traders are advised to monitor for potential retracements.

The price structure in recent days suggests a potential continuation of the upward trend. A measured move from the recent lows would suggest a target level near $0.32 if the trend holds. However, this would require sustained volume and follow-through buying to confirm the breakout. Analysts project that the next several sessions will be critical for determining whether the trend is gaining institutional support or is being driven primarily by retail traders.