EPIC +64.81% in 24 Hours Amid Volatile Market Shift

On SEP 6 2025, EPIC surged by 64.81% within 24 hours to reach $2.024, marking a sharp reversal in a highly volatile asset. Despite this 24-hour gain, the coin has recorded a 613.67% drop over the past seven days, a 1006.68% drop over the last month, and a 751.26% decline year-to-date. These figures highlight the extreme price sensitivity and market uncertainty surrounding the token.

The recent jump suggests a potential short-term rebound, though the broader trend continues to indicate a bearish trajectory. Analysts have noted that the surge could be attributed to a combination of speculative trading and algorithmic buying pressure, but without a clear fundamental catalyst. The price movement appears to be driven by liquidity shifts and market sentiment rather than news or project developments.

Technical indicators suggest that EPIC is trading near key support and resistance levels. The Relative Strength Index (RSI) has shown a sharp upward movement from oversold territory, indicating a short-term buying interest. Meanwhile, the 50-day moving average has crossed below the 200-day moving average, reinforcing a bearish outlook. Traders are closely watching whether the recent bounce will be sustained or if the price will retreat toward previous support levels.

The convergence of short-term momentum and long-term bearish signals presents a complex scenario for market participants. While the 24-hour gain has sparked renewed interest, traders are advised to approach with caution. Analysts project that without a fundamental shift in the token’s use case or a broader bullish market sentiment, the long-term bearish trend is likely to persist.

Backtest Hypothesis

A proposed backtesting strategy seeks to evaluate the effectiveness of a trading approach based on the recent price divergence and technical signals. The strategy is designed to simulate buy and sell actions triggered by specific RSI and moving average crossover conditions. It involves entering long positions when RSI moves above 30 and the 50-day moving average crosses above the 200-day moving average. Exit points are set when RSI exceeds 70 or the 50-day moving average falls below the 200-day average. The goal is to test whether the strategy could have captured the recent 24-hour move while mitigating the impact of the larger downward trend.