EDEN -5321.03% in 1 Year Amid Sharp Decline in Market Value

On OCT 10 2025, EDEN dropped by 354.35% within 24 hours to reach $0.0001862, EDEN dropped by 4228.25% within 7 days, dropped by 5321.03% within 1 month, and dropped by 5321.03% within 1 year.

The token has experienced a dramatic decline in value across multiple timeframes. Within a single month, the price plummeted by 5321.03%, marking a sharp downturn that has raised questions about its market fundamentals. Investors who previously held the token are now facing significant losses, as the drop has far outpaced even the largest weekly and daily declines. This multi-month performance underscores a structural shift or loss of confidence in the underlying project or market.

Technical analysts have scrutinized EDEN’s price behavior using various indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). These tools typically help identify potential overbought or oversold conditions in the market. In EDEN’s case, the RSI has consistently shown readings near or below 10, indicating an oversold condition. However, such readings have not yet translated into a reversal in price action, suggesting that sellers remain dominant. The MACD has also shown a prolonged negative trend, with the signal line staying well below the histogram, reinforcing the bearish momentum.

Backtest Hypothesis

A proposed trading strategy is built on the technical indicators used to analyze EDEN’s movement. This strategy would trigger a sell signal when the RSI dips below 20 and the MACD line crosses below the signal line, both of which have occurred multiple times in recent months. A buy signal is generated when the RSI rebounds above 40 and the MACD line crosses above the signal line. These thresholds aim to capture potential turning points in the market after extended downturns.

The hypothesis is that entering a long position following these criteria could allow traders to benefit from any short-term recovery attempts, even amid an overall bearish trend. However, the strategy would require strict risk management, including stop-loss orders placed near recent price lows, given the high volatility and rapid declines observed in EDEN. This approach is purely based on the historical behavior of the indicators and the price patterns, with no external market or fundamental data incorporated.