📉 Recent Price & Market Trends
$XPL has underperformed sharply since its launch, trading well below its all-time highs from September 2025 and down roughly 80–90% from early peaks. Recent prices sit around ~$0.17–$0.18, reflecting steep selling pressure and weak buyer demand compared with the broader crypto market. �
Coinbase +1
⚠️ Key Weaknesses
• Persistent bearish momentum — technical indicators show continued weak trend with negative MACD and RSI hovering near oversold levels, signaling that selling pressure still dominates. �
• Declining ecosystem use — on-chain activity and total value locked (TVL) have both dropped from earlier highs, pointing to lower utility demand for XPL as a network asset. �
• Sell-side pressure from unlocks — upcoming token unlocks and dilution risk are potential catalysts for further downward bias unless countered by real adoption. �
CoinMarketCap
CoinMarketCap
CoinMarketCap
🟢 Potential Bullish Signals
• Oversold conditions — RSI near oversold territory suggests buyers may step in at current levels if broader sentiment improves. �
• Macro correlation uplift — small positive moves in the overall crypto market can support minor XPL rebounds, though these tend to lag larger altcoin gains. �
CoinMarketCap
CoinMarketCap
📌 Short-Term Outlook
XPL remains in a bearish consolidation, with critical resistance now near key retracement levels (~$0.16–$0.18). A sustained break above resistance could spark short rallies, but until network activity and real utility increase, volatility and downtrend risk remain dominant.@Plasma #Plasma
