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MAV sees a 21.9% increase within 24 hours as robust growth continues over the past week

MAV sees a 21.9% increase within 24 hours as robust growth continues over the past week

Bitget-RWA2025/09/20 21:08
By:CryptoPulse Alert

- MAV surged 21.9% in 24 hours, with 662.69% weekly gains and 3117.72% annual returns, showing strong investor confidence. - Rising on-chain activity, including 400% more active wallets and higher transaction volumes, signals increased adoption and usage. - Technical analysis confirms bullish momentum as MAV breaks above key resistance and forms an ascending weekly pattern. - A backtested trading strategy using moving averages and volume data successfully captured recent gains, validating trend-following p

In the past 24 hours, MAV jumped 21.9%, finishing at $0.07314 as of SEP 20 2025. Over the previous week, it has soared by 662.69%, highlighting strong and sustained growth. The asset’s monthly return is 81.24%, and its annual performance has climbed to a remarkable 3117.72%, signaling robust confidence among long-term investors.

This upward trend is fueled by a combination of on-chain developments and favorable macroeconomic conditions for utility-driven digital assets. Experts point to rising transaction activity and evolving on-chain trends as evidence of increasing adoption and use of

. Despite persistent short-term fluctuations, the current price movement suggests a widespread shift in market sentiment.

From a technical standpoint, MAV has surpassed important resistance zones that had previously limited its advance. Maintaining levels above the 21-period moving average has indicated that the bullish trend may continue. The weekly chart now displays a solid upward pattern, hinting at additional gains if momentum remains strong.

Recent blockchain metrics reveal that active wallet numbers have surged almost 400% over the last month. Traders often view this indicator as an early sign of price changes, with increased wallet activity typically preceding upward movement. The average daily transaction volume has also grown significantly, reinforcing the perspective that MAV is undergoing a meaningful shift in user engagement.

Backtest Hypothesis

Researchers constructed a backtesting model utilizing historical MAV price points and major technical signals such as the 21-period moving average and daily trading volume. The approach tested whether a straightforward entry strategy—purchasing when the price rises above the 21-period moving average and when daily volume surpasses the 5-day average—could effectively capture a large share of MAV's recent rallies.

Applying this strategy across the past year produced strong results in pinpointing bullish periods for MAV. The entry signals closely matched periods of increasing on-chain activity and accelerating prices, especially during the notable 662.69% weekly gain. These findings indicate that integrating price trends with on-chain data can be a powerful method for identifying MAV’s market movements.

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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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