EDEN -6643.07% in 1 Year Due to Sustained Decline

On OCT 14 2025, EDEN dropped by 459.77% within 24 hours to reach $0.0001328, EDEN dropped by 3079.73% within 7 days, dropped by 6643.07% within 1 month, and dropped by 6643.07% within 1 year.

Over the past 24 hours, the cryptocurrency EDEN experienced one of the most dramatic declines on record, with a single-day price drop of 459.77%. This brought the asset to a price of $0.0001328. The steep decline continued over the following week, with a 3079.73% drop, and has since expanded into a one-month and one-year price collapse of 6643.07%. These figures represent a sustained and severe bearish trajectory with no signs of reversal at this stage.

Technical indicators suggest that EDEN has fallen into a deeply bearish technical pattern. The asset has failed to recover above key previous support levels, which have since become resistance. The relative strength index (RSI) is currently at an extreme oversold level, though historically, this has not translated into a price rebound. The absence of a bullish reversal pattern on recent candlestick formations further confirms the bearish momentum.

The moving average convergence divergence (MACD) line has remained in negative territory for the past three months, reinforcing the downward trend. The 200-day moving average has also acted as a significant ceiling, with repeated failures to close above it indicating a structural bear market. No immediate catalysts have emerged to challenge the current price action, with all major metrics aligning in a bearish formation.

Backtest Hypothesis

To evaluate the reliability and predictive power of such technical patterns, a backtesting strategy can be implemented. The proposed approach involves analyzing a stock (e.g., AAPL, MSFT, or AMZN) based on a specific event definition: any trading day where the stock closes at least 10% below the prior day’s close. Using this -10% threshold as a trigger, the backtest will examine the stock's behavior in the days following such an event.

The backtesting period will span from 2022-01-01 to the current date, OCT 14 2025. This window allows for a comprehensive review of multiple market cycles, including both bullish and bearish environments. By identifying all instances where the stock closed down 10% or more and then analyzing subsequent price action, this strategy aims to determine whether such declines historically led to further price deterioration or eventual rebounds.