Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
TOWNS rises by 1106.72% in a month, driven by strategic advancements and a strong technical uptrend

TOWNS rises by 1106.72% in a month, driven by strategic advancements and a strong technical uptrend

Bitget-RWA2025/09/18 19:08
By: CryptoPulse Alert
- TOWNS surged 1106.72% in 1 month, driven by strategic gains and a bullish technical uptrend. - Short-term momentum stabilized at $1.125, with technical indicators confirming sustained buyer interest and broken resistance levels. - A 12-month decline of 1855.07% highlights long-term risks, contrasting recent optimism with speculative market volatility. - A backtesting strategy using moving averages and RSI aims to validate if the rally reflects repeatable patterns or isolated events.

As of September 18, 2025,

remained unchanged over the last 24 hours at $1.125. Over the past week, TOWNS increased by 107.91%, surged by 1106.72% in the previous month, but declined by 1855.07% over the past year.

In the last month, TOWNS experienced one of its largest price jumps on record, climbing by 1106.72%. This notable rise signals a major change in investor outlook and market conditions for the asset. The upward movement reflects heightened interest in the project’s technology and growing market acceptance. With the 24-hour price holding steady at $1.125, the recent momentum seems to have transitioned into a more stable period, creating an opportunity for careful analysis.

Technical analysis indicates that the bullish trend may persist, as important resistance levels have been surpassed and trading volumes point to ongoing buying activity. The seven-day gain of 107.91% not only demonstrates short-term market swings but also suggests a strengthening pattern surpassing typical market fluctuations. Experts believe that recent gains may be linked to new strategic alliances and meaningful improvements within the platform’s ecosystem.

However, looking at the yearly performance, there is a significant decrease of 1855.07%. This sharp difference between short-term gains and long-term losses highlights the importance of interpreting current trends with caution. While recent price increases could indicate rising confidence, the one-year data serves as a reminder of the unpredictability and high risk associated with speculative investments in this field.

Backtesting the Hypothesis

A backtesting methodology was designed to gauge the effectiveness of the latest upward move in TOWNS. The strategy relies on technical indicators that were active during the month-long rally, such as moving averages and the Relative Strength Index (RSI). In this model, a buy is triggered when the 50-day moving average rises above the 200-day moving average, and a sell is signaled when the reverse occurs. The RSI acts as a secondary tool to identify overbought or oversold conditions.

This approach is intended to replicate the returns observed in the past month, helping determine if the trend was the result of a repeatable pattern or a unique occurrence. The model also incorporates stop-loss and take-profit parameters to reflect practical trading. By testing this hypothesis on historical data, the backtest assesses how dependable these indicators are for the future, providing a structured basis for potential investment strategies.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — BARD/USDT!
Bitget Announcement2025/09/19 07:28
BTC/ETH VIP Earn Ultimate Carnival is officially here!
Bitget Announcement2025/09/18 07:12
New spot margin trading pair — FLOCK/USDT!
Bitget Announcement2025/09/18 06:55
0GUSDT now launched for pre-market futures trading
Bitget Announcement2025/09/18 05:39

Trending news

More
1
New spot margin trading pair — BARD/USDT!
2
BTC/ETH VIP Earn Ultimate Carnival is officially here!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$116,406.34
-1.03%
Ethereum
Ethereum
ETH
$4,539.52
-1.37%
XRP
XRP
XRP
$3.03
-2.79%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$992
-0.31%
Solana
Solana
SOL
$242.37
-1.80%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2721
-3.14%
TRON
TRON
TRX
$0.3474
-0.08%
Cardano
Cardano
ADA
$0.9075
-0.90%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter