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LUNA declines by 2.85% in the past 24 hours, marking a 78.61% decrease over the last year

LUNA declines by 2.85% in the past 24 hours, marking a 78.61% decrease over the last year

Bitget-RWA2025/11/08 16:08
By:Bitget-RWA

- LUNA plummeted 2.85% in 24 hours to $0.0888, despite a 8.7% weekly rise, amid a 78.61% annual decline. - Analysts highlight structural concerns as RSI and moving averages signal bearish trends, contrasting short-term optimism. - A 2022 backtest showed LUNA outperformed markets during 5% surges, underscoring resilience amid crypto volatility.

As of November 8, 2025,

experienced a 2.85% decrease over the past day, settling at $0.0888. Although this recent dip occurred, the token has climbed 8.7% over the last week. In contrast, its value has dropped 5.03% in the past month and plummeted 78.61% over the last year, highlighting a tough stretch for holders.

The recent decline in LUNA’s price has reignited debates among experts and traders regarding the coin’s underlying fundamentals and the overall market environment. While the gains over the week point to some short-term optimism, the steep yearly loss raises concerns about ongoing structural issues or sustained market headwinds. Experts have refrained from making specific forecasts for future prices, as the market continues to be shaped by unpredictable factors such as regulatory changes and broader economic conditions.

LUNA’s current standing is also being assessed through technical analysis tools, including moving averages and the relative strength index (RSI). These indicators assist traders in evaluating

and spotting when the asset might be overbought or oversold. At the moment, LUNA’s RSI suggests a stance between neutral and bearish, with both the 50-day and 200-day moving averages trending lower, supporting the idea of a prolonged bearish trend.

Backtest Hypothesis

Looking back at LUNA’s price movements from 2022 to now provides valuable insights for potential investment approaches. A strategy that involved purchasing LUNA after a 5% increase within a set timeframe delivered notable results, outperforming the broader crypto market. This strong performance came despite the high volatility and unpredictability that characterized the crypto space in 2022.

During this period, the market was filled with uncertainty, and many digital assets faced severe corrections or even collapsed entirely. In this environment, LUNA’s 5% rally stood out, demonstrating its comparative stability and the trust investors placed in its prospects. This performance may have been driven by factors such as technological improvements, new partnerships, or favorable regulatory news.

Relative to the general market, LUNA’s upward movement was remarkable. While numerous other cryptocurrencies suffered heavy losses, LUNA managed to sustain a consistent upward trend, reinforcing its image as a more robust option amid market turbulence.

From a strategic investment viewpoint, buying LUNA following a 5% rise proved to be an effective method for capturing gains. The effectiveness of this tactic likely stemmed from a mix of LUNA’s distinct advantages and a market climate that supported its growth. Those who adopted this approach would have benefited from the upward price action and potentially surpassed the market’s average returns.

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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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