MIRA -5408.82% in 7 Days Amid Sharp Volatility

On OCT 1 2025, MIRA dropped by 801.05% within 24 hours to reach $0.56, MIRA dropped by 5408.82% within 7 days, dropped by 801.05% within 1 month, and dropped by 5408.82% within 1 year.

The dramatic decline in MIRA’s value triggered heightened scrutiny and raised questions about the factors behind its sharp drop. The asset experienced an unprecedented slump over the last week, with the 5408.82% loss far outpacing historical volatility patterns. The price trajectory suggests a systemic sell-off rather than a market correction, as the asset’s multi-timeframe declines align closely, indicating broad-based investor flight.

Technical indicators paint a grim picture for MIRA. The asset is deeply oversold across multiple frameworks, with RSI and MACD signals suggesting a lack of immediate recovery potential. The breakdown below key support levels has intensified bearish momentum, with no clear signs of stabilizing inflows or institutional support. Analysts project continued downward pressure until a significant catalyst emerges to reverse the trend.

A number of on-chain metrics reinforce the bearish sentiment. Network activity and wallet activity have plummeted in parallel with the price decline, indicating a withdrawal of active participants. Long position liquidations surged during the last 24 hours, contributing to a self-reinforcing cycle of selling pressure. The absence of short-covering or accumulation phases further underscores the lack of near-term buying interest.