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AVNT Plummets by 689.87% Within a Day as Market Experiences a Correction

AVNT Plummets by 689.87% Within a Day as Market Experiences a Correction

Bitget-RWA2025/09/19 04:38
By:CryptoPulse Alert

- AVNT plummeted 689.87% in 24 hours to $1.0245 on Sep 19, 2025, followed by a 2645.68% rebound in the next week. - The crash reflected profit-taking after prior speculative buying, with RSI and MACD signaling bearish exhaustion. - Despite short-term volatility, AVNT maintained a 2645.68% monthly/annual gain, suggesting underlying bullish fundamentals. - A backtesting strategy using RSI/MACD divergence aims to predict such corrections, testing indicators' predictive reliability.

On September 19, 2025,

experienced a dramatic 689.87% drop within a single day, falling to $1.0245. This event stands out as one of the sharpest short-term declines the token has seen. In the days that followed, however, AVNT quickly rebounded, climbing 2645.68% from its lowest point during the week. This turbulent price activity highlights both the highly unpredictable nature of AVNT’s market and the intense speculation that surrounds it.

The abrupt price crash came after a stretch of aggressive accumulation and speculative buying, indicating a possible correction from an overbought market. According to traders and analysts, the primary cause of the decline was a wave of profit-taking after the impressive 2645.68% surge seen the prior week. This dramatic shift suggests that bullish momentum may have waned and that AVNT could enter a phase of sideways movement in the near term.

Technical signals currently point toward a continued downward adjustment. The relative strength index (RSI) has slipped under the oversold line, while the moving average convergence divergence (MACD) indicator revealed a bearish crossover. These developments are typically seen as early warnings of market fatigue and possible changes in trend direction, but confirmation from future price moves will be necessary.

Even after the steep decline, AVNT’s value has maintained significant growth over the past month and year, each period witnessing a 2645.68% increase. This resilience hints at strong underlying factors or persistent speculative interest that might keep supporting the token, despite recent volatility. Nonetheless, the rapid 24-hour drop is a reminder that AVNT’s market remains highly volatile.

Backtest Hypothesis

To assess how AVNT might behave in similar volatile markets, a backtesting

has been designed. This approach relies on technical tools like RSI and MACD, which have often been effective in signaling shifts in market sentiment. The central thesis is that a mix of RSI divergence and MACD crossovers might have anticipated the recent sharp drop in AVNT’s price.

The methodology details specific entry and exit points based on these indicators, incorporating stop-loss rules to help limit potential losses. By applying this strategy to AVNT’s recent price data, the aim is to evaluate whether these signals could have accurately forecasted the downturn. Should historical testing validate their effectiveness, these indicators may play a critical role in shaping future trading tactics.

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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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