GPS +404.86% in 24 Hours Amid Volatile Market Moves

On SEP 2 2025, GPS surged by 404.86% within 24 hours to reach $0.01106, while experiencing a 788.53% drop over 7 days, a 255.92% decline in one month, and a staggering 9019.08% decrease in the past year.

Following this sharp intraday rally, GPS has shown signs of technical divergence in the short-term, with its 14-day Relative Strength Index (RSI) breaching oversold territory. The asset’s daily candlestick pattern indicates a reversal formation, with a long lower wick and a short upper shadow, suggesting increased buyer participation during the price pullback. The 50-period moving average has crossed above the 200-period line, presenting a potential bullish signal for near-term price action.

The asset’s volatility, while extreme in the short term, has historically been accompanied by sharp rebounds after oversold conditions. This pattern has often led to temporary price stabilization or even a reversal, especially when supported by positive on-chain metrics or increased liquidity from institutional activity.

Backtest Hypothesis

A proposed backtesting strategy aims to capitalize on such reversal patterns by using a combination of technical indicators. The strategy incorporates the 14-day RSI, the 50/200-day moving average crossover, and volume confirmation as key decision points. The system would generate buy signals when RSI falls below 30 and the short-term moving average crosses above the long-term line, with additional confirmation from rising volume. Sell signals would occur when RSI crosses above 70 or when the moving average crossover reverts to bearish.

This approach is designed to filter out random price noise and identify high-probability entries during oversold conditions, aligning with GPS’s recent price behavior. The strategy emphasizes risk control by including stop-loss and take-profit levels based on the asset’s recent volatility.