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ILV Drops 14.89% Over 24 Hours as Market Remains Unstable

ILV Drops 14.89% Over 24 Hours as Market Remains Unstable

Bitget-RWA2025/09/23 16:14
By:CryptoPulse Alert

- ILV plummeted 14.89% in 24 hours, with 1387.28% 7-day and 2470.52% annual declines, signaling extreme bearish momentum. - Technical indicators show oversold RSI (18), bearish MACD crossover, and diverging moving averages reinforcing prolonged downtrend. - Key $13.00 support level under pressure, with potential breakdown targeting $11.50 and triggering stop-loss orders. - Backtesting proposes systematic shorting strategy using RSI<20 and MA crossovers to capitalize on ILV's volatility.

As of SEP 23 2025,

experienced a 14.89% decline over the past 24 hours, falling to $13.42. Over the last 7 days, ILV plummeted by 1387.28%, dropped 289.65% in the past month, and saw a 2470.52% decrease over the previous year.

Technical analysis reveals a pronounced downward trend for ILV. Moving averages across all major intervals are sharply decreasing, with the gap between the 50-day and 200-day averages widening, which underscores the persistent bearish momentum. The RSI is currently at 18, indicating extreme oversold conditions, while the MACD has moved below its signal line, showing negative momentum. Although such indicators sometimes precede short-term recoveries, ILV has yet to reverse course, suggesting that buyers may be exhausted and the asset could face further consolidation or additional losses.

The latest wave of selling has put significant strain on ILV’s crucial support zones. The $13.00 support level is under threat, and a breach could send the price down to the next support at $11.50. Market participants are watching this area closely for signs of a rebound or a breakdown that might activate stop-loss triggers. The lack of a bullish reversal signal or a notable increase in trading volume continues to reinforce the short-term bearish outlook.

Backtest Hypothesis

Looking at past data, ILV’s price swings may be more effectively analyzed using a systematic backtesting method. One possible strategy would be to initiate short positions when the RSI drops below 20 and the 20-day moving average falls beneath the 50-day average, both confirming bearish divergence. Exits would be determined by either achieving a 5% profit or hitting a stop-loss set at 2% below the entry price. This method would be evaluated with a rolling window of historical data to gauge its effectiveness in navigating ILV’s recent volatility. The objective is to assess whether a rules-based approach could have reduced risk or taken advantage of the sharp declines.

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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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