LTCJPY climbed 640.74% over the past month, experiencing significant short-term growth

On September 11, 2025, LTCJPY experienced a 7.02% decrease within 24 hours, landing at $17,084. Over the past week, LTCJPY climbed by 324.77%, surged by 640.74% in the last month, but has fallen 1241.53% over the previous year.

Technical signals present a mixed short-term perspective for LTCJPY. The weekly chart highlights robust upward momentum, as evidenced by the 324.77% weekly gain, yet the 7.02% decline in a single day reveals heightened short-term fluctuations. Experts anticipate that LTCJPY could remain in a consolidation phase soon, since the 20-day moving average recently crossed below the 50-day average—an indication of possible bearish momentum. With the RSI dropping into oversold levels, a brief rebound could occur; however, unless key resistance levels are surpassed, more downside is probable.

Within the last month, LTCJPY's sharp 640.74% rise stands in stark contrast to its yearly performance. This dramatic growth points to intense short-term buying interest, likely influenced by changing market sentiment and liquidity. The monthly chart displays a breakout pattern, where the pair moved above an important resistance after an extended sideways period. While this breakout could signal the start of a new trend, analysts urge caution due to the sharp drop in the last 24 hours.

The price remains well above the 200-day moving average, reflecting an ongoing long-term uptrend, though recent turbulence suggests this positive momentum may face challenges in the short run. Traders are encouraged to watch critical support levels closely to spot early signs of either a reversal or a continuation of the current downward movement.

Backtest Hypothesis

A backtesting strategy that leverages LTCJPY’s historical price action and technical analysis tools seeks to assess the effectiveness of a trend-following method. This strategy combines moving averages and RSI readings to pinpoint potential buy and sell positions. In detail, a long position is opened when the 20-day moving average crosses above the 50-day and RSI exceeds 50; a short position is taken when the 20-day falls below the 50-day and RSI is under 50.

The underlying hypothesis is that this two-indicator system can enhance risk-adjusted returns by reducing false entries and capturing sustained trends. Running this strategy against the past year’s data would help determine its robustness amid LTCJPY’s recent volatility. Considering the notable monthly increase, the backtest aims to illustrate how well the approach would have seized rapid upward moves while navigating the substantial annual decline.