LRC - 65.42% 24H Drop Amid Volatile Market Conditions

On SEP 2 2025, LRC dropped by 65.42% within 24 hours to reach $0.083, LRC rose by 2260.67% within 7 days, rose by 47.26% within 1 month, and dropped by 4534.7% within 1 year.

The recent price correction of LRC has sparked increased scrutiny from market participants, particularly given its prior performance. Over the past 7 days, LRC surged by 2260.67%, following a sustained 47.26% increase over the previous month. This sharp rebound marked a notable reversal after a prolonged bearish trend that had seen the token decline by nearly 4534.7% over the course of a year. The sharp 24-hour decline on SEP 2 2025, however, indicates the market is reevaluating risk exposure to the asset class following its explosive short-term gains.

From a technical perspective, LRC’s price behavior shows signs of overbought and oversold conditions shifting rapidly. The token has bounced between critical support and resistance levels over the past few weeks, with its price action reflecting high volatility and a lack of a clear directional bias. Analysts project that such volatility may persist in the near term as traders react to both fundamental developments and algorithmic trading pressures.

Backtest Hypothesis

A potential trading approach to evaluate LRC’s price behavior could involve a momentum-based strategy using a 14-day Relative Strength Index (RSI) and a 50-period Exponential Moving Average (EMA). The hypothesis suggests entering long positions when RSI crosses above 30 while the price is above the EMA, and exiting when RSI exceeds 70 and the price closes below the EMA. This method aims to capture short-term swings within LRC’s volatile price environment.