LINEA +904.86% in 7 Days Amid Technical Indicators Shift

On OCT 5 2025, LINEA dropped by 15.36% within 24 hours to reach $1.1671, LINEA rose by 904.86% within 7 days, rose by 904.86% within 1 month, and rose by 2230.35% within 1 year.

LINEA’s recent price trajectory has shown a significant deviation from its long-term average, indicating a potential shift in investor sentiment and market dynamics. Over the past 7 days, the token surged by nearly 905%, with the 1-month performance echoing the same gain. This sharp rise comes after a brief correction in early October, where the asset fell 15.36% in a 24-hour span. These movements suggest a market correcting from a short-term overreaction, with long-term bullish momentum resuming thereafter.

Technical indicators now reflect a strong alignment with recent gains. The 20-day Exponential Moving Average (EMA) has crossed above the 50-day EMA, signaling a potential bull market phase. Meanwhile, the Relative Strength Index (RSI) has moved into the 55–65 range, indicating that the asset is neither overbought nor oversold, but rather in a period of balanced accumulation. These readings, when viewed together, suggest a market in transition, with buyers beginning to dominate the price action.

Backtest Hypothesis

To explore the potential sustainability of this bullish phase, a hypothetical backtesting strategy could be designed using the same technical indicators observed in recent data. The strategy would be triggered when the 20-day EMA crosses above the 50-day EMA, with an exit signal when the RSI exceeds 70, suggesting overbought conditions. Given the current RSI level, the strategy would remain active and could be tested against historical performance to evaluate its efficacy. This approach aims to capture the trend while avoiding overextended positions.