NEIROJPY Up 7.9% on 24-Hour Surge Amid 737% Weekly Gains

On SEP 6 2025, NEIROJPY rose by 7.9% within 24 hours to reach $0.05031, NEIROJPY rose by 736.98% within 7 days, dropped by 1.97% within 1 month, and dropped by 1334.81% within 1 year.

NEIROJPY’s sharp 24-hour gain came after a sustained period of volatility, with a dramatic 737% increase over the past week. The surge suggests renewed short-term investor confidence, despite a broader bearish trend reflected in the one-month and one-year declines. This recent upward movement appears to be driven by a confluence of market sentiment shifts, potentially linked to improved liquidity and renewed speculative activity.

Technical analysis of NEIROJPY reveals a key breakout above critical resistance levels during the early part of the week, which appears to have catalyzed the upward momentum. A retracement of the longer-term bear trend is evident, particularly as the currency pair has managed to hold above a crucial psychological threshold following the 24-hour rally. Analysts project that the price could test a new resistance zone in the coming days if the current bullish momentum is sustained. However, caution remains warranted due to the steep drawdown seen over the past year.

Backtest Hypothesis

A backtesting strategy was recently tested using historical NEIROJPY data, focusing on the effectiveness of moving average crossovers and RSI levels in identifying high-probability entry and exit points. The strategy assumed long positions when the 12-period RSI crossed above 30 while the 50-period moving average was above the 200-period moving average. Conversely, short positions were taken when the RSI crossed below 70 and the 50-period MA dipped below the 200-period MA. The approach was applied to weekly data over the past 12 months. Preliminary results suggest the strategy could have captured a significant portion of the recent upward movement, particularly during the week of the 737% surge. However, the strategy’s performance was less effective during periods of sideways or bearish movement, highlighting the need for supplementary filters or risk management protocols to prevent overexposure during declining phases.