GHST +68.65% in 24 Hours Amid Short-Term Volatility and Long-Term Drawdown
- GHST surged 68.65% in 24 hours to $0.434, reversing a 5744.68% annual decline. - Analysts warn of a deeply bearish long-term outlook despite short-term volatility. - Retail/algorithmic traders drove the rally, but lack of institutional activity complicates sustainability. - Technical indicators highlight extreme volatility, with no clear baseline established for price stability.
On AUG 31 2025, GHST surged by 68.65% within 24 hours to reach $0.434, reversing a broader downward trend that has seen the token decline by 350.88% over the past week, 200.45% in the last month, and an extraordinary 5744.68% over the last year. The rapid rise in the last 24 hours has sparked renewed interest in the token’s short-term trajectory, though analysts caution that longer-term performance remains deeply bearish.
GHST’s recent sharp price rebound contrasts with its overall trajectory, suggesting potential short-term volatility amid a deteriorating longer-term outlook. The token has shown no signs of stabilizing over the past several weeks, and the 7-day and 1-month declines highlight an ongoing bearish trend. Investors and traders are closely watching whether this 24-hour rally represents a short-term bounce or a temporary market reaction to unconfirmed news or speculative activity.
Technical indicators suggest the token is operating in a high-volatility environment, with sharp price swings over short timeframes. While the 24-hour increase may indicate buying pressure from retail or algorithmic traders, the token has yet to establish a clear baseline or show signs of a broader reversal in sentiment. The absence of significant institutional activity or fundamental catalysts further complicates the interpretation of the recent move.
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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