IQ Surges 201.75% in 24 Hours Amid Strong Short-Term Gains

On SEP 8 2025, IQ rose by 201.75% within 24 hours to reach $0.003348, marking one of the most dramatic short-term price movements in its recent history. Over the past 7 days, the asset surged by 189.47%, and by 376.72% in the past month, despite a sharp 5196.37% decline over the prior year.

The rapid rise appears to be driven by renewed speculative interest and momentum-driven trading patterns. While no formal statement was issued regarding the catalyst, the short-term gains reflect a sharp reversal in sentiment following a long period of bearish pressure.

IQ’s performance over the past week has outpaced broader market movements and demonstrated a strong upward bias in daily trading. The 24-hour and 7-day gains highlight the asset’s susceptibility to sudden inflows of capital and short-term volatility. These metrics underscore its high-risk, high-reward profile and suggest a market environment favoring aggressive momentum plays.

The 1-month gain of 376.72% further reinforces the asset’s potential as a speculative vehicle, despite its 1-year drop. This suggests a shift in investor behavior, with traders prioritizing short-term gains over long-term stability.

IQ’s technical indicators have shown signs of bullish momentum, including a strong RSI divergence and a positive MACD crossover. These patterns are commonly associated with breakout scenarios and have historically preceded periods of rapid price appreciation. Traders are closely monitoring these signals for confirmation of a sustained upward trend.

Backtest Hypothesis

A hypothetical backtesting strategy has been devised to evaluate the potential performance of a momentum-based approach to trading IQ. The strategy involves entering long positions when the 12-period and 26-period EMAs cross in favor of the shorter EMA, a condition known as a "golden cross." Exit points are determined by a trailing stop-loss of 5% or when the EMA crossover reverses (a "death cross").

The rationale behind this approach is to capture short-term bullish momentum without relying on fundamental analysis, making it particularly suited to an asset like IQ, which is more influenced by market psychology and algorithmic trading than by traditional economic factors. If applied to historical data, this strategy could offer insights into the viability of technical signals in predicting IQ's extreme price swings.