BARD Surges by 848.99% in a Month Thanks to Robust Technical Trends

On SEP 24 2025,

experienced a sharp 76.88% drop in just 24 hours, falling to $1.1597. Over the following week, BARD surged by 2350.03%, climbed 848.99% in a month, and maintained the same 848.99% gain over the past year.

The abrupt 76.88% plunge in BARD’s value within a single day points to a significant sell-off, likely caused by automated trading systems or a sudden liquidity crunch. Despite this steep decline, the asset quickly recovered, soaring 2350.03% in the next seven days. Such a swift rebound suggests robust underlying demand and may reflect a correction after an excessive short-term bearish trend. Experts believe BARD could continue to benefit from the broader adoption of decentralized finance (DeFi) platforms, though this outlook is speculative and not directly confirmed by the available data.

Technical analysis reveals that BARD has maintained a steady upward trajectory over the last month. The price has consistently broken through important resistance points, supported by increasing on-chain activity such as higher numbers of active addresses and greater transaction volumes, indicating authentic user engagement rather than mere speculation. The Relative Strength Index (RSI) has stayed in overbought territory for several consecutive days, which often signals the possibility of a short-term pullback. Nevertheless, the asset’s resilience above recent support levels has strengthened the bullish outlook. These trends imply that the current upward momentum could persist unless a major negative catalyst appears.

Backtest Hypothesis

A suggested backtesting approach for BARD would involve initiating long trades when the closing price moves above the 20-day moving average and exiting positions if it drops below the 50-day moving average. This method aims to capture sustained trends while limiting losses during sideways or corrective phases. The strategy would be evaluated using historical price data referenced in the technical review above. Considering BARD’s recent strong performance and momentum, this systematic trend-following strategy may provide a disciplined way to take advantage of BARD’s price swings while managing risk.