MIRA +579.34% in 24 Hours Amid Market Volatility

MIRA surged by 579.34% within 24 hours on OCT 13 2025, reaching $0.3662, marking a dramatic short-term price movement. The token, which has experienced a 2999.06% drop over the past week, a 3914.97% decline in the last month, and a staggering 6962.97% fall over the past year, saw a sharp reversal in sentiment overnight. This sharp increase followed a series of on-chain activity spikes and significant inflows into key exchange platforms, suggesting a sudden shift in investor behavior and liquidity.

The recent volatility in MIRA’s price has sparked renewed interest among traders and analysts. The 24-hour jump is considered an anomaly given the prolonged downtrend, with many attributing it to speculative trading or coordinated buying activity. The price action suggests a strong short-term reversal signal, though analysts caution that such moves are often followed by retesting of key support levels. Technical indicators show an overbought condition following the surge, raising questions about the sustainability of the rally.

Despite the recent gains, MIRA remains significantly lower than its all-time highs. The 7-day and 1-month declines indicate structural weakness in the token’s fundamentals and liquidity profile. However, the 24-hour jump has temporarily restored some investor confidence, as seen in the increase in open interest and short-covering activity. Analysts project that the price could face immediate resistance at the $0.40 level before encountering stronger barriers at $0.45 and $0.50.