MIRA +162.26% in 24 Hours Amid Sharp Volatility Amid Broader Market Downtrend

On OCT 11 2025, MIRA rose by 162.26% within 24 hours to reach $0.3373, MIRA dropped by 4412.69% within 7 days, dropped by 4448.46% within 1 month, and dropped by 7229.23% within 1 year.

MIRA’s recent 24-hour surge marks a dramatic but isolated rebound in an otherwise sharply declining trend. Despite the significant intraday gain, the token has experienced a steep decline over the past week, month, and year, indicating that the rally may not be indicative of a broader reversal in sentiment or fundamentals.

The technical analysis of MIRA’s recent behavior highlights a highly volatile price profile. Following the 24-hour spike, the token has seen a substantial retraction, with the 7-day performance showing a drop of over 4400%. This pattern is consistent with a sharp correction, rather than a sustainable upturn. Analysts have not issued new forecasts in the immediate aftermath of the price movement, as no material on-chain or off-chain developments have been disclosed to support the movement.

Backtest Hypothesis

A proposed backtesting strategy aims to evaluate MIRA’s volatility and identify potential patterns that could inform future trading decisions. The strategy uses a modified Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to detect short-term entry and exit points. The RSI is adjusted to be more sensitive to rapid price swings, while the MACD is used to confirm momentum shifts. The hypothesis is that these indicators, when combined, can help capture the sharp spikes and corrections seen in MIRA’s price action. The backtest will assess whether these signals align with past price surges and retracements, with particular attention given to the performance around OCT 11 2025. The goal is to determine if a systematic approach can reliably exploit the token’s volatility without overfitting to historical data.