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TRXJPY Surges 30.55% in a Day as 1-Year Performance Remains Robust

TRXJPY Surges 30.55% in a Day as 1-Year Performance Remains Robust

Bitget-RWA2025/10/23 06:38
By:Bitget-RWA

- TRXJPY surged 30.55% in 24 hours on Oct 23, 2025, with a 407.86% 7-day gain amid volatile market dynamics. - Annual performance shows 1890.39% growth, contrasting with a 36.42% monthly decline, highlighting extreme short-term/long-term divergence. - Analysts attribute volatility to crypto-fiat cross pair liquidity shifts, suggesting backtesting surge events to assess post-surge market patterns.

On October 23, 2025, TRXJPY experienced a dramatic 30.55% jump within a single day, climbing to $49.32. Over the previous week, the pair soared by an impressive 407.86%, indicating a strong and swift upward trend. Despite this, the monthly data reveals a 36.42% drop, though the yearly figures remain extremely positive, with a total increase of 1890.39%. The sharp differences between short-term and long-term trends highlight the highly volatile and speculative behavior of the TRXJPY pair, likely influenced by broader economic factors and shifting market sentiment.

TRXJPY’s recent rally stands out, especially considering the 36.42% decline recorded over the past month. This contrast implies that, although the pair faced downward pressure in the near term, it has recently rebounded sharply. The significant gains over the last day and week may signal a turning point in investor sentiment, possibly sparked by renewed interest in the asset or positive developments in the crypto or forex markets. Experts note that such price swings are typical for cryptocurrency-to-fiat pairs like TRXJPY, especially when market liquidity and demand fluctuate quickly.

From a technical perspective, TRXJPY displays a complex mix of short-term setbacks and long-term strength. While annual performance remains robust, the steep monthly drop could indicate that the market is either overbought or stretched. This level of volatility may point to cyclical trends or reactions to specific external events. The 30.55% surge in the last 24 hours suggests a sudden increase in buying interest, possibly due to news or shifts in trading strategies. However, the one-month decline serves as a warning, as traders might be cautious about potential overvaluation and the risk of a pullback.

Backtesting Approach

To gain deeper insight into TRXJPY’s price behavior and the probability of continued gains after such sharp increases, an event-driven backtesting method can be utilized. The goal is to identify past occasions when TRXJPY’s daily return was at least +5%, and then analyze how the pair performed in the days following these “surge” events. This analysis can help determine if the 30.55% rise on October 23, 2025, fits typical market patterns or is an anomaly.

For the backtest, it is important to gather precise daily closing prices for TRX/JPY from a reputable source. If direct TRXJPY data is difficult to access, alternative methods such as using TRX/USDT prices and converting them to JPY using USDJPY exchange rates can be employed. Once the dataset is established, daily percentage changes can be calculated to pinpoint surge events. The subsequent performance of the pair over 1, 3, 5, and 10 days after each surge can then be reviewed to assess average returns and the largest drawdowns typically seen after such events.

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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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