DOLO experiences a 121.98% decrease within 24 hours as market fluctuations persist
- DOLO's price plummeted 121.98% in 24 hours, with 1627.82% drop in 7 days, attributed to macroeconomic sentiment and asset-specific vulnerabilities. - Technical indicators show a severe downtrend, with RSI and MACD in bearish territory, and minimal market buying interest despite sharp declines. - A backtesting strategy using RSI, MACD, and moving averages aims to profit from short-term bearish momentum through short-selling. - Analysts warn of further downside risks unless strategic shifts or catalysts re
On September 27, 2025,
The sharp decline in DOLO’s value is the result of both broader economic pressures and specific weaknesses related to the asset itself. The token has faced challenges in retaining users and sustaining development activity, as shown by falling on-chain data. The latest wave of selling intensified an ongoing downward trend that started earlier this year, with no notable positive news to offset the negative momentum.
From a technical analysis perspective, DOLO’s chart indicates a strong downward trend with no immediate signs of recovery. Major support levels have been broken, and both the RSI and MACD indicators continue to signal bearish conditions. Unless a significant event or intervention occurs, this downward movement is likely to persist.
The market has responded to DOLO’s steep fall with little enthusiasm, as buying interest remains subdued despite the significant price drop. Experts anticipate further declines in the near term unless a major announcement or strategic change revives interest among investors and the community.
Backtest Hypothesis
A backtesting approach was suggested to evaluate the effectiveness of short-selling during periods of heightened volatility in DOLO’s price. This method uses technical tools like RSI, MACD, and moving averages to pinpoint optimal entry and exit moments. The premise is that initiating short trades during overbought scenarios, confirmed by momentum indicator divergence, could be profitable given the asset’s current trajectory.
The strategy involves opening short positions when the RSI surpasses 70, the MACD indicates bearish divergence, and the price drops below a crucial moving average. Exits are signaled when the RSI dips under 30 or when the price approaches a key support level without breaching it. This method seeks to take advantage of clear downward trends without depending on fundamental news.
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.
You may also like
Hyperliquid News Today: LivLive's Practical Profit Approach Ignites Crypto's Next 1000x Surge
- LivLive ($LIVE) surges in Q4 2025 crypto with 300% BLACK300 bonus, $2.1M raised in presale. - AR missions, wearable tech , and real-world utility drive $LIVE's 1000x potential vs. stagnant XRP/Hyperliquid. - $1K investment triples to 200,000 tokens via BLACK300, projected $50K value at $0.25 listing price. - XRP (-1.86%) and HYPE (+1.72%) lag as LivLive's closed-loop economy attracts asymmetric-return seekers.
Crypto Asset Management Strikes a Balance Between Volatile Profits and Professional Security Measures
- Digital Ascension Group, a crypto wealth manager, aids ultra-high-net-worth clients in navigating volatile markets through automated trading and institutional-grade security. - A Dallas client turned $11,000 into $498 million via culturally themed token trading, highlighting crypto's growing role in traditional wealth management. - The firm offers custody via Anchorage, multi-signature governance, and tax optimization, contrasting DeFi's risks with institutional safeguards akin to Charles Schwab. - Crypt
Trump and Socialist Mamdani Reach Agreement on Expenses Despite Republican Opposition
- Trump met with socialist mayor-elect Mamdani, showing rare bipartisan cooperation on affordability issues despite GOP's anti-socialist resolution. - Both leaders emphasized shared goals on housing costs and price controls, contrasting with Trump's earlier attacks on Mamdani's progressive policies. - The meeting highlighted Trump's strategic pivot to address inflation concerns while navigating GOP internal divisions over socialist policies. - Federal-state tensions emerged as Mamdani defended sanctuary ci
Bitcoin News Today: Bitcoin Approaches $80,500—Past Trends Indicate Possible Bullish Recovery
- Bitcoin fell to a seven-month low of $86,300, triggering $914M in liquidations but analysts predict a near-term rebound. - Technical support at $87,300 and inverted retail fear (Fear & Greed Index at 15) mirror 2018 patterns preceding 30% rallies. - Macroeconomic parallels to 2019 shutdown recovery and Fed easing suggest $80,500 half-life level could act as a catalyst. - Crypto outperformed traditional assets with ETH, SOL, XRP rising double-digits, while Deribit data shows mixed positioning around $90k-
Trending news
MoreCrypto prices
More
