0G -1118.37% in 24 Hours Due to Sudden On-Chain Activity and Regulatory Concerns
On OCT 10 2025, 0G0G-- dropped by 1118.37% within 24 hours to reach $2.24, 0G dropped by 2115.98% within 7 days, dropped by 1007.87% within 1 month, and dropped by 5281.97% within 1 year.
The sharp decline in 0G was triggered by a sudden spike in on-chain activity, suggesting large-scale offloading or liquidations. Network data showed a significant increase in outgoing transfers, indicating that a substantial amount of the asset was being moved out of exchanges and private wallets. Analysts project that the movement could reflect a strategic reallocation by major stakeholders or a forced liquidation event tied to margin calls.
Technical indicators on 0G’s price chart showed a breakdown of key support levels and a confirmation of bearish divergence. The RSI fell below 30, signaling oversold conditions, while the MACD histogram continued to shrink, indicating a weakening of the bullish momentum that had driven the asset in earlier phases. These patterns, though commonly associated with potential rebounds, have not led to a reversal in 0G’s trajectory, reinforcing the bearish narrative.
Backtest Hypothesis
A proposed backtesting strategy involves the use of RSI and MACD as core indicators to identify potential reversal zones during sharp declines. The hypothesis tests whether a sell signal on a confirmed bearish crossover in the MACD, coupled with RSI failing to rebound above 50, could have allowed a sell position to be taken prior to the recent drop. The strategy also incorporates a trailing stop-loss to mitigate exposure in case of a sudden rebound. The idea is to use the divergence in these indicators as a guide for early exit timing in volatile assets like 0G.
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