MIRA -64.58% in 24 Hours Amid Sharp Technical Deterioration

Generated by AI AgentCryptoPulse Alert
Tuesday, Oct 14, 2025 2:05 am ET1min read
Aime RobotAime Summary

- MIRA plummeted 64.58% in 24 hours, 3686.8% in a month, and 6849.09% in a year, marking extreme price erosion.

- Technical indicators show broken support levels, oversold RSI, and no reversal signs, confirming deep bearish momentum.

- Market sentiment dominates trading behavior, with prices failing to recover despite structural weakness and lack of catalysts.

- Analysts emphasize risk management over recovery forecasts, as MIRA's decline outpaces peers in magnitude and duration.

On OCT 14 2025,

dropped by 64.58% within 24 hours to reach $0.3822, MIRA dropped by 1684.32% within 7 days, dropped by 3686.8% within 1 month, and dropped by 6849.09% within 1 year.

MIRA has experienced a dramatic and sustained downturn, with its price plummeting significantly over multiple timeframes. The asset now trades at a level not seen in over a year, reflecting a broad erosion of confidence among market participants. The 24-hour decline of 64.58% represents one of the most severe intraday drops in recent history, exacerbating already fragile market sentiment. The 3686.8% drop over the past month further underscores the asset’s weak technical position.

From a technical standpoint, MIRA appears to be in a deep bearish phase. Key support levels have been broken, and momentum indicators show no signs of reversal. The Relative Strength Index (RSI) has plunged into oversold territory, yet no meaningful bounce has occurred. This suggests that the downward trajectory is not only momentum-driven but also structurally embedded in the current market psychology. Traders and investors appear to be reacting more to sentiment than fundamentals, as the asset continues to trade below prior key price levels without any apparent catalyst for recovery.

The broader market context does not offer any immediate relief, and MIRA’s performance has outpaced most peers in terms of magnitude and duration of decline. Analysts have not provided projections for near-term recovery, with the prevailing focus being on risk management and loss mitigation strategies among holders.

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