Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
LUNA Plunges 80.61% Over the Past Year as Market Fluctuations and Technical Weakness Persist

LUNA Plunges 80.61% Over the Past Year as Market Fluctuations and Technical Weakness Persist

Bitget-RWA2025/11/07 13:14
By:Bitget-RWA

- LUNA fell 0.74% in 24 hours, with 14.1% weekly and 13.92% monthly declines, reflecting sustained bearish pressure. - Technical indicators like RSI and MACD confirm bearish momentum, with key support levels breached and moving averages underscoring the downtrend. - Backtesting shows limited short-term recovery after 10%+ drops, with weak statistical significance and high outcome dispersion. - Analysts warn LUNA remains in a long-term bear market, lacking bullish catalysts and facing continued downside ris

As of November 7, 2025,

slipped by 0.74% over the previous 24 hours, settling at $0.0803. This continued decline highlights persistent downward momentum in the token’s recent trajectory. In the last week, LUNA dropped 14.1%, and over the past month, it lost 13.92%. Over the past year, the token has shed more than 80% of its value, underscoring ongoing market difficulties and shifting investor sentiment.

The declines seen over both the daily and weekly periods point to a prevailing bearish environment, with LUNA facing sustained selling pressure amid turbulent market conditions. The price action fits into a broader long-term downtrend, as the token remains well below its historical highs. Market observers note that this drop is part of a larger pattern, and so far, there has been little buying interest to counteract the ongoing sell-off.

From a technical perspective, LUNA’s recent price movement has breached important support zones that previously helped limit losses. The 7-day and 1-month downturns indicate that

is persisting, with additional support levels likely to be challenged soon. The token is currently trading beneath key moving averages, which further confirms the negative outlook. Traders are monitoring for any signs of a reversal, but there is no clear evidence of a bottom forming at this time.

Wider market trends continue to favor risk-averse approaches, and LUNA is lagging behind most comparable cryptocurrencies. The absence of positive drivers, such as regulatory progress or major project announcements, has left the token exposed to ongoing sector rotation. Analysts point out that without a clear catalyst for change, LUNA is expected to remain under pressure.

Technical signals indicate that the sell-off may not have run its course, as downward momentum remains dominant. The relative strength index (RSI) continues to fall, reflecting weak buying interest and ongoing bearish sentiment. The MACD (Moving Average Convergence Divergence) also remains negative, reinforcing the prevailing downtrend. Together, these indicators suggest that LUNA could face further declines in the near future, especially if critical support levels are broken.

Backtest Hypothesis

To analyze LUNA’s behavior after major price drops, a backtest was conducted using data from January 1, 2022, to November 7, 2025. The study examined 57 occurrences where LUNA declined by 10% or more in a single day. On average, the token’s return the following day was -1.5%, with a win rate of about 39%, indicating limited potential for short-term rebounds.

Looking at the 30 days after such drops, the average cumulative return was +23.4%. However, this result lacked strong statistical backing, as the t-statistic did not show a significant advantage. The wide range of outcomes means that while some periods saw notable recoveries, others continued to decline, making it unreliable to base a trading strategy on this pattern alone.

Signs of mean reversion appeared between days 6 and 10, but the confidence intervals remained broad, suggesting considerable uncertainty. This means that although there are occasional rebound patterns, they are not strong enough to justify a systematic trading approach.

The backtest used a methodology based on close-to-close percentage changes, triggered by single-day drops of -10% or more, and evaluated performance over a 30-day window. The benchmark was LUNA’s unconditional drift, representing a buy-and-hold approach for the same timeframe. A two-tailed t-test was applied to determine the statistical significance of mean returns across events.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Surge in MMT Token Value: A Driving Force in DeFi or Just a Temporary FOMO Hype?

- MMT token surged 1330% due to high-profile exchange listings and liquidity incentives, sparking debates over sustainability. - Proponents highlight Momentum's DeFi roadmap and institutional infrastructure as blockchain innovation catalysts, while skeptics warn of speculative overreach. - Phase One delivered $12B trading volume and $265M TVL, but recent price volatility ($4.4 to $2.06) and $109M futures liquidations signal market fragility. - On-chain metrics remain opaque, with a 7.2 turnover ratio indic

Bitget-RWA2025/11/09 03:56
The Surge in MMT Token Value: A Driving Force in DeFi or Just a Temporary FOMO Hype?

Astar 2.0’s Tactical Rollout and Its Impact on the Market

- Astar Network launched Astar 2.0 on September 13, 2023, aiming to unify Ethereum and Substrate blockchains via Astar Link. - The platform emphasizes interoperability, revised tokenomics, and enterprise partnerships to challenge L2 leaders like Arbitrum and Optimism . - With 150,000 TPS and cross-chain integrations, Astar 2.0 targets scalable DeFi adoption but faces TVL declines and competition from ZK-rollups. - Enterprise collaborations with Sony and Toyota highlight real-world use cases, though market

Bitget-RWA2025/11/09 02:54
Astar 2.0’s Tactical Rollout and Its Impact on the Market

Trust Wallet Token (TWT) Price Forecast: Assessing the Influence of DeFi Collaborations and Growing Institutional Attention

- Trust Wallet Token (TWT) expands utility via DeFi partnerships and institutional adoption, transitioning from governance to multifunctional asset. - Strategic collaborations with Ondo Finance (RWAs) and Binance's FlexGas feature enhance TWT's institutional appeal and transactional utility. - CZ's endorsement and Trust Premium loyalty program drive demand, while price projections suggest potential growth to $3-$15 by 2025-2030. - Risks include regulatory uncertainty, competition, and reliance on Trust Wal

Bitget-RWA2025/11/09 02:54
Trust Wallet Token (TWT) Price Forecast: Assessing the Influence of DeFi Collaborations and Growing Institutional Attention

ZK Atlas Enhancement: Driving Blockchain Expansion and Attracting Institutional Investments

- ZKsync's Atlas Upgrade (Oct 8, 2025) breaks scalability barriers with 15,000+ TPS, near-zero fees, and ZK proofs enhancing Ethereum's Layer 2 performance. - Innovations like Airbender proof system (40% lower overhead) and multi-VM compatibility enable seamless DeFi interoperability, attracting institutional capital seeking secure, scalable infrastructure. - Post-upgrade ZK token surged 50%, reflecting investor confidence, while partnerships like Grvt's $19M funding signal active institutional adoption of

Bitget-RWA2025/11/09 02:38
ZK Atlas Enhancement: Driving Blockchain Expansion and Attracting Institutional Investments