LUNA Value Remains Steady Despite Ongoing Decline and Market Fluctuations

As of November 2, 2025, LUNA’s price held steady over the previous 24 hours at $0.0945. Despite this short-term stability, the token has experienced a significant 7.21% loss over the past year. On a monthly basis, LUNA managed a slight gain of 1.18%, while the weekly chart reflected a 2.28% decrease. These varying timeframes highlight the token’s complicated market dynamics, where brief periods of calm conceal a persistent downward trend in value.

LUNA’s latest price action mirrors the broader uncertainty affecting the cryptocurrency sector, shaped by macroeconomic influences and shifting investor attitudes. Although the token’s value was unchanged in the last day, it remains entrenched in a bearish consolidation pattern, prompting long-term holders to keep a close watch on important technical signals and fundamental shifts. Experts believe that unless there is a notable change in market sentiment or a significant on-chain event, LUNA is likely to remain under selling pressure.

Technical analysis, including the 50-day and 200-day moving averages, continues to indicate a prevailing bearish outlook, with recent short-term gains failing to spark a decisive upward move. On-chain data also reveals a slow but steady decline in the number of long-term holders, suggesting waning confidence in the asset’s future prospects. This trend is particularly important for market participants who use momentum or reversal-based trading approaches.

Backtesting Strategy Hypothesis

When considering possible trading approaches for LUNA or similar cryptocurrencies, establishing a robust backtesting process can yield important findings. For example, one could test a mean-reversion approach, where a trade is initiated if LUNA’s price drops 10% from the previous day’s close. The position would be entered at the close of the day the decline is confirmed and held for 10 days, or until the price rebounds by at least 5%. This method seeks to benefit from short-term price swings while limiting exposure to longer-term market movements. Each trade would use equal position sizes, and a transaction fee of 0.1% per trade would be included to reflect actual trading conditions. Running this test from January 1, 2022, to November 2, 2025, would offer a comprehensive evaluation of the strategy’s effectiveness in recent market environments.