OPEN surges by 1352.68% within 24 hours during significant market fluctuations
On September 14, 2025, OPEN experienced an extraordinary 1,352.68% jump within a single day, reaching a price of $1.0978. Over the previous week, the token climbed 157.65%, though it remains down by 2,099.21% over both monthly and yearly time frames. This recent price movement underscores the token’s pronounced volatility, largely influenced by speculative trading and notable on-chain developments.
Earlier this week, the OPEN team announced a significant change to its consensus protocol, aiming to improve transaction processing speed and lower network delays. Details of this upgrade, which introduces a new layer-2 scaling feature, were shared in a public statement outlining the technical advancements. While overall market sentiment is mixed, some traders interpret these changes as a possible driver for renewed enthusiasm in the asset.
Technical analysis continues to point to heightened volatility. In the last 24 hours, the price broke through important resistance points, and the RSI has moved into overbought territory, indicating the likelihood of a short-term pullback. Experts predict the token may stabilize briefly before continuing its longer-term downward movement.
One backtesting approach would be to open a long position at the lowest price of the surge day, using the lowest price from the previous week as a stop-loss to help control losses. If the price surpasses the week’s high, a trailing stop is added to lock in profits as the price continues upward. This method aims to take advantage of breakout momentum while protecting against quick reversals. The strategy also establishes a fixed take-profit target at 15% above the entry price, ensuring an orderly exit regardless of further gains. In light of recent rapid price swings, this plan offers a disciplined way to participate in the asset’s short-term moves, though it does not ensure positive results.
