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Prom · PROM/USDT · daily

What happens to Prom after a volume spike on a red day?

Since 2023, Prom has shown a volume spike on a red day 18 times. In the 18 cases old enough to score, the price was higher 7 days later 33% of the time, with a median move of −2.4%. On an ordinary day the median 7-day move for PROM is −0.2%.

Weak evidence40

There is a gap, but once you allow for how many studies were run, a gap this large is luck about 71% of the time, so it should not be relied on.

Cases since 202318last on 16 Oct 2026
Higher after 7 days33%ordinary: 49%
Median 7-day move−2.4%ordinary: −0.2%
Could be luck71%allowing for 3,572 studies
Worst / best case−45% / +45%over 7 days
Median path after the signalMiddle half of casesOrdinary PROM drift
−30%−20%−10%0%+10%+20%+30% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 17 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day1844%−3.6%−6.3% to +1.9%0.0%−3.6%0.9%89
3 days1850%−0.3%−7.9% to +4.6%0.0%−0.2%96%10
7 days1833%−2.4%−13.5% to +3.1%−0.2%−2.2%71%40
14 days1828%−6.4%−13.1% to +12.4%+0.3%−6.7%39%47
30 days1741%−1.4%−7.7% to +12.8%−0.1%−1.3%97%35

“Ordinary median” is the median move of PROM over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 27%).

Holding it for 7 days

Typical dip on the way−11.3%ordinary PROM: −7.1%
1 case in 4 dipped past−18.4%before day 7
Fell 10% or more on the way61%ordinary: 36%
Typical best point+10.6%highest price within 7 days
Median after costs−2.7%ordinary: −0.5%
Ahead after costs33%ordinary: 47%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 10 the gap over 7 days was −3.8%, and in the later 8 it was −2.2%. Same direction both times.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
16 Oct 2026$4.87+2.7%+16.8%open
9 Sep 2026$5.64−4.0%−3.1%−7.0%
30 Aug 2026$6.46−16.2%−15.1%−7.7%
11 Aug 2026$1.86+43.9%+2.0%+191.1%
21 Jul 2026$1.52+0.3%+36.9%+46.0%
18 May 2026$1.14−5.4%−3.9%+1.2%
19 Apr 2026$2.41−6.5%−1.7%−55.2%
16 Jan 2026$4.22−10.4%−44.6%−69.5%
17 Sep 2025$11.20−7.9%−14.1%−12.4%
23 Jun 2025$4.29+0.3%+44.9%+119.5%
11 Apr 2025$4.90+12.7%+11.5%+12.6%
14 Jan 2025$7.83+2.3%−29.5%−29.7%

The 12 most recent. All 18 are in the open data file.

The rule

Daily volume at least 3× its previous 30-day average, and the day closes below its open. A surge of volume on a down day is read two opposite ways: as panic that marks a low, or as distribution before more selling.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
Harmony2568%+11.6%+12.9%Strong evidence · leans up
XRP2658%+5.2%+5.9%Strong evidence · leans up
Theta Network2264%+9.1%+9.7%Strong evidence · leans up
Bitcoin2060%+5.1%+4.7%Some evidence · leans up
Neo4033%−5.2%−4.6%Some evidence · leans down
Ethereum Classic3754%+1.7%+2.7%Weak evidence
Horizen2429%−6.8%−6.1%Weak evidence
Basic Attention Token3361%+3.1%+3.2%Weak evidence

Volume spike on a red day across all 94 coins

Other Prom signals

Full Prom record

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