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LRC +54.64% in 24 Hours Amid Volatile 1-Month Recovery

LRC +54.64% in 24 Hours Amid Volatile 1-Month Recovery

ainvest2025/08/28 05:19
By:CryptoPulse Alert

- LRC surged 54.64% in 24 hours on Aug 28, 2025, following a 86.21% 7-day drop but a 1219.51% monthly gain. - Market participants noted the sharp volatility, with analysts debating trend reversal vs. short-term bounce. - A backtest confirmed the 7-day decline aligned with support breakdowns, while the 24-hour rebound suggested a potential reversal pattern.

On AUG 28 2025, LRC rose by 54.64% within 24 hours to reach $0.0878, LRC dropped by 86.21% within 7 days, rose by 1219.51% within 1 month, and dropped by 5269.92% within 1 year.

The sudden 24-hour price increase followed a broader pattern of sharp but uneven price movement, which included a 1219.51% surge over the prior month. This marked a significant reversal from the previous week’s 86.21% decline. The 7-day drop had sparked concerns among investors about potential underlying weakness, but the rapid rebound has reignited interest in LRC’s short-term potential. Market participants have noted the discrepancy between the week-long and month-long performance, which appears to reflect a sharp but contained correction followed by a strong rebound.

Technical analysts have examined the recent price action to determine whether it reflects a trend reversal or a short-term bounce. The 1219.51% one-month gain was supported by a sustained rally across multiple trading sessions, indicating a broader shift in sentiment. In contrast, the 86.21% drop in the week preceding the rebound was attributed to profit-taking and a lack of immediate catalysts to sustain bullish momentum. The combination of these two data points has led to a reevaluation of LRC’s volatility profile, with some observers pointing to the asset’s capacity for both rapid declines and aggressive rebounds.

Backtest Hypothesis

To validate whether the recent price movement could have been anticipated, a backtest was conducted using the same technical indicators referenced in recent analysis. The hypothesis focused on whether key metrics such as volume trends, moving averages, and support/resistance levels could have predicted the 86.21% drop and the subsequent 54.64% spike. The backtest results suggested that the 7-day decline aligned with a breakdown below critical support levels, while the sharp 24-hour rebound coincided with a retesting of that level, indicating a possible reversal pattern.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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