LUNA +0.8% Daily Gains Amid Ongoing Recovery

On OCT 24 2025, LUNA rose by 0.8% within 24 hours to reach $0.1003, LUNA rose by 1.31% within 7 days, dropped by 27.23% within 1 month, and dropped by 75.84% within 1 year.

LUNA continues to show mixed signals in its longer-term performance, with a 1-month decline of nearly 27%, but has seen a notable short-term rebound over the past week. This suggests market participants may be responding to either improving sentiment around the protocol’s fundamentals or limited downside catalysts in recent trading sessions. While the 1-month period indicates a deeper bearish trend, the 7-day and daily metrics reflect a more nuanced, possibly temporary, stabilizing trend.

Technical analysis over recent sessions has focused on whether LUNA is consolidating into a new support range or beginning a fresh upward phase. Analysts project that the asset could remain in a tight trading range in the near term, with key resistance levels above $0.105 and support hovering just below $0.095. A sustained break above $0.105 may attract algorithmic buying pressure and could signal a broader recovery.

Backtest Hypothesis

The performance of LUNA over recent months has prompted renewed interest in evaluating historical price reactions to key events. However, an initial backtest attempt encountered a technical limitation: it failed due to insufficient event observations—specifically, only one relevant date (2022-05-12) was available for the analysis. The underlying computational routine requires at least two event data points to compute variance and produce meaningful statistical results, and a single data point led to a “division-by-zero” error.

To address this issue, two alternative strategies have been proposed for further investigation. The first involves identifying multiple key dates associated with major LUNA price movements, such as 2022-05-12, 2022-06-08, and 2023-05-05, among others. This approach, termed a multi-date event study, allows the system to generate a baseline of event-driven price impact by ensuring a minimum of two observations. It preserves the structure of event-based analysis and supports a clearer understanding of how the market historically reacts to critical points in LUNA’s timeline.

The second method is a simple “buy-and-hold” back-test, which treats the 2022-05-12 price movement as a potential entry or exit signal. This strategy bypasses the need for multiple events by using the back-test engine focused on trading strategies rather than event-driven analysis. It would involve holding the position from the event date until the present and measuring the cumulative return.