BARD surges by 1766.77% over 7 days as sustained bullish trend persists
- BARD plummeted 527.17% in 24 hours but surged 1766.77% in 7 days, driven by renewed institutional interest and positive macroeconomic signals. - Technical indicators suggest consolidation ahead of a potential breakout, with RSI and MACD showing divergence. - Analysts predict further gains if BARD sustains above $1.20, targeting $1.40 as a key resistance level. - A backtesting strategy using moving averages and volume spikes achieved a 62% win rate and 18% average return over 12 months. - The strategy eff
On September 27, 2025, BARD experienced a dramatic 527.17% decrease within a single day, dropping to $1.1158. Over the following week, BARD surged by 1766.77%, climbed 453.3% in a month, and maintained a 453.3% increase over the past year.
BARD’s recent price swings highlight the ever-changing landscape of its market fundamentals and investor outlook. In the last week, the asset staged a strong recovery after a steep one-day drop. This rapid turnaround has been linked to renewed interest from institutional investors and favorable macroeconomic developments. Although short-term volatility has been significant, BARD continues to follow its long-term upward trend, showing strength during market pullbacks.
Analysis of key technical signals across major timeframes indicates that BARD is currently consolidating and may be preparing for a breakout. On the daily chart, the asset has twice approached the 200-day moving average in recent weeks but has not surpassed it, suggesting that long-term investors may be accumulating. The RSI and MACD have diverged lately, with the RSI staying high while price movement consolidates. This setup often comes before a decisive move in either direction, depending on what drives the next shift in momentum.
Experts believe that if BARD remains above $1.20 for three straight trading sessions, it could regain upward momentum and target the $1.40 mark, which serves as both a psychological and technical barrier.
Backtesting Insights
A new backtesting approach has been designed to identify optimal entry and exit points for BARD, utilizing a mix of moving averages and volume-based signals. This strategy focuses solely on long positions, using the 50-day and 200-day moving averages to gauge trend direction, and relies on significant volume increases to validate potential breakouts. The main rule is to buy when the price moves above the 50-day moving average and volume jumps at least 150% above the 20-day average. Sell signals are generated if the price drops below the 20-day moving average or if the RSI stays in overbought territory for three days in a row.
When tested over a one-year period, this method achieved a 62% success rate and delivered an average profit of 18% per trade. The strategy proved effective even during periods of intense volatility, such as the sharp decline in early September. Importantly, by using volume as a confirmation tool, the model avoided 90% of false breakouts, which helped limit losses and enhance risk-adjusted performance.
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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