EDEN +134.63% in 24 Hours Amid Sudden Price Surge

On OCT 11 2025, EDEN surged by 134.63% within 24 hours, reaching a price of $0.0001355. Despite this notable short-term gain, the cryptocurrency has seen a sharp decline of 5317.9% over the past seven days, and has lost 6574.82% of its value in both the past month and the past year. The abrupt price movement has drawn attention from traders and analysts, as the sudden upward spike contrasts with the broader downtrend observed over recent weeks.

The rapid increase was largely driven by a combination of speculative buying and a brief liquidity spike in decentralized trading platforms. While the surge did not stem from a major news event or protocol upgrade, it coincided with increased on-chain activity and a short-lived price pump on several decentralized exchanges. This suggests the movement was primarily liquidity-driven rather than signaling a broader trend in market sentiment.

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The one-day gain of over 130% was followed by a swift correction, reinforcing the volatile nature of the asset. Traders noted that the spike occurred amid a larger bearish trend, where EDEN has continued to trade below key support levels. Market participants remain cautious, as the broader crypto market has struggled to find a bottom. The 24-hour gain appears to be an isolated incident rather than a reversal of the long-term trend.

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Technical analysis suggests that EDEN is currently in a sustained bearish phase. The RSI indicator has remained below the oversold threshold for several weeks, while the MACD has been in a negative territory for the majority of the year. These indicators suggest continued downward pressure, and the recent one-day gain is seen as a temporary deviation rather than a reversal signal.

Backtest Hypothesis

A proposed trading strategy to evaluate potential signals from the recent price movement involves using a combination of RSI and MACD crossovers to identify short-term reversal opportunities. The backtest would focus on detecting when RSI rises above 30 and the MACD line crosses above the signal line within a 14-day window. The objective is to assess whether such a combination could have captured the recent 24-hour surge or mitigated some of the losses from the extended bearish trend. The strategy would be tested on historical data from the past year to evaluate its robustness and adaptability under varying market conditions.

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