LINEA -100.57% in 24 Hours Amid Sharp Volatility

LINEA plunged by 100.57% within 24 hours, hitting a price of $1.1796 on SEP 22 2025. This dramatic decline followed a 990.57% increase over the preceding seven days and a 2187.5% rise in the past month. The recent drop signals a sharp correction after a period of robust upward momentum, raising questions about market sentiment and technical underpinnings driving the asset’s trajectory.

The sharp price fluctuation reflects heightened market sensitivity to on-chain activity and liquidity events. Traders have closely monitored the volume-weighted average price (VWAP), noting a divergence from the asset’s moving averages. The 20-period exponential moving average (EMA) crossed below the 50-period EMA, forming a bearish “death cross” pattern that typically precedes extended downward pressure. Analysts project that further selling pressure may persist until the 200-period EMA offers a potential floor for the asset.