XPLUSDT Forming Falling WedgeXPL/USDT is setting up a very compelling technical base, with price forming a falling-wedge pattern that suggests a potential bullish reversal. The tightening range indicates that selling pressure is losing strength, and rising volume hints that accumulation may already be underway. If XPL breaks above the upper boundary of the wedge with conviction, this could trigger a solid move to the upside.
On the fundamental front, XPL is the native token of the Plasma blockchain, a Layer-1 chain specifically optimized for stablecoin transfers. Its design allows for zero-fee stablecoin transactions in certain cases, which makes it very attractive for high-volume payments. The token serves multiple roles: it's used for gas fees, as a staking asset, and as a reward for validators.
In terms of tokenomics, XPL has a total supply of 10 billion. A large portion (40 percent) is allocated to ecosystem growth, with staged unlocks to support long-term adoption. The model also includes inflation for staking rewards, which helps bootstrap network security, while ecosystem incentives aim to drive liquidity and DeFi integrations.
Trade ideas
$XPL - #PlasmaAMEX:XPL showing a potential double bottom pattern on the 1H chart.
Price just bounced from key support and is testing the neckline resistance.
A confirmed breakout could send it toward T1–T3 levels +14%.
Watching for volume confirmation and retest at the breakout point.
#XPL #Crypto #Trading #YodaXCalls
XPL stands for eXPLosion, or wishful thinking?Hey there,
This is quite a new project so let's be honest, there's nothing to analyse, yet.
Therefore, I can only see few interesting things right now.
Currently price is sitting on 0.236 fib level, which is local support for a while (or negative 0.786 fib), therefore, we could potentially touch $ 0.20, and then I'm expecting 1.618 fib to take control.
Will it happen or not, idk. This is not a financial advice, this is an outlook for one of the possible outcomes.
Will see it in 15-20 days.
$XPL (4-HOUR): BREAKDOWN continues, no REVERSAL in sightAMEX:XPL has chosen violence, clearly.
I said a few days ago that it was decision time, at 35c, and the price has fallen by nearly 30% since that post.
DOUBLE BOTTOM (at the bottom of the 10/10 collapse precisely) now, RSI is very oversold at 19.
Does all that mean that a reversal is imminent?
I would not be so sure — there should be a bit of a RELIEF RALLY at some point, but if you focus on all the price action up to now, there have been no violent upswings, ever.
Mostly flat, and down, rinse & repeat.
And a never-ending sequence of HIDDEN BEAR RSI divergences, roughly 10 in 5 weeks, and virtually zero other divergences. That's super rare, in the most bearish way there is.
So, I am not saying this is a DEAD coin yet, but it surely has been trading like a broken one.
Any ideas what happened fundamentally? I can already see it on the chart, just no time to get into it deeper.
👽💙
#Plasma
$XPL (4-HOUR): DECISION TIME now, ZERO or HERO from here?AMEX:XPL has got an interesting combination of chart patterns waiting to resolve — a FALLING WEDGE (breakout point around $0.37, confluence with the yellow 50 MA) and a BEARISH PENNANT, which has already broken to the downside with a retest.
The breakdown is targeting $0. This is quite rare, but in the past, I’ve seen two or three coins that had a bearish pattern breaking down toward zero — and they ended up being rug pulls. Lol.
Probably not in this case, but this is crypto — never say never.
All in all, bearish outlook, a DOWNTREND, and a clear negative Elliott Wave count showing a wave target at (you guessed it) nearly zero again — independently of the pennant.
For a bullish reversal, we definitely need to see stronger volume — it’s been pathetic so far — and a FALLING WEDGE breakout, followed by a reclaim of the $0.40–$0.42 support/resistance zone.
Kicking myself for investing so early in this #Plasma thing ($1.1 average price). Still not a dead project at all — but the charts are looking awful for now.
💙👽
Plasma looking for support after a big fallXPL has been falling, and the only signs of support are on the H1. Looking for a market structure within this time frame has to be considered a quick move. The larger the structure, the better it is. However, given the stage of the market, anything can happen. Which means spot positions will give you the exposure you need without the added risk. At the moment, RR on 1h is healthy under the condition that the price continues to create a CHOCH.
XPL : The rise of a star or an illusion?Hello friends
Technically, this currency has formed two important supports after its decline and a resistance level has been identified.
Note that for price growth, it is very, very important that resistance is broken, so don't go buying and then say why it didn't grow. We need volume for growth, and with volume, resistance is broken, and in that case, we can wait for the specified targets to move.
This coin is on the Swift blockchain in the DeFi space, which has attracted a lot of market attention, which could be very important, and many are investing in next-generation layer 1 networks and the powerful DeFi protocol instead of Ripple.
Of course, this project is very attractive on paper, but always observe capital management and avoid emotional decisions.
*Trade safely with us*
XPLUSDT Technical Analysis – Bearish Pressure with Key LevelsCurrent Market Status:
Price: $0.3799 (-4.57%)
Exchange: Binance Spot
Volume: 115.72M USDT
Timeframe: 4H Chart
Technical Overview:
XPLUSDT is facing significant selling pressure, down 4.57% and currently trading at $0.3799. The price action shows clear rejection from higher levels with bears maintaining control. Despite the monthly gain of +277.80%, recent weakness suggests consolidation or further downside before any meaningful recovery.
Key Levels:
Resistance Zone: $0.4332 - $0.4507
This red zone represents a major overhead resistance area. Any rally attempts will likely face strong selling pressure in this region. Bulls need to reclaim and hold above $0.4507 to invalidate the bearish structure.
Support Zone: $0.3779 - $0.3805
The green zone marks critical support. Price is currently testing this area at $0.3799. A break and close below $0.3779 could trigger accelerated downside with next support levels potentially much lower.
Trading Strategy:
For Sellers: Look for rejection at the support zone or a breakdown below $0.3779 for continuation shorts
For Buyers: Wait for price to reclaim and hold above $0.4332 with volume confirmation before considering long positions
Risk Management: No man's land between $0.3805 - $0.4332. Avoid trading in this choppy zone.
Conclusion :
XPLUSDT remains under pressure with critical support being tested. The risk/reward favors patience—either wait for a clean breakdown for shorts or a breakout above resistance for longs. Avoid catching falling knives in the current structure.
$XPL (4-hour): STABLIZING at 0.786 fib and above TRENDLINEAMEX:XPL last FRIDAY post, the one I'm quoting, an analysis made before the flash-crash. GOLDEN POCKET support was in-action.
I pointed out the risk due to recent huge OBV distribution (blue arrow) that happened a DAY before the market total collapse. These smart-money players knew sth we didn't, but using rather simple methods I was able to red-flag in due time.
The distribution has ended apparently, I'm seeing a BULL OBV divergence (yellow arrow), and the price action has been building a flat bottom around the 0.786 fib retracement level. And even seems to have reclaimed a falling trendline.
Some really positive, yet still early signs of strenght, which prompted me to dig into research a bit, fundamentals are really amazing, actually. Very legit asset, delivering what has been promised in the background.
See comments for the pill-sized version of the research (on X, here I cant paste images in comments). On my watch for another entry (still holding SPOT at $1.1 average price).
👽💙
Plasma: A Fundamental and Technical Bet on Stablecoin PotentialToday we’re talking about Plasma, in my opinion the most interesting project in recent years. From a fundamental analysis perspective, it’s a must-have bet considering the potential of stablecoins in the near future and Tether’s involvement in the project. That said, from a technical analysis viewpoint, the price has bounced off the support created by Binance’s perpetual listing. I’d expect a quick acceleration toward $1.6, which is currently the most significant reversal point. At that moment, it will be crucial to see if the market is strong enough to break the all-time high and continue rising, or if the price will be rejected and fall back to the established support. In any case, the project has enormous potential, and at a $1 billion market cap, I believe it’s a great bet. Thanks to everyone for your attention.
$XPL | 1H ChartPrice is consolidating in a symmetrical triangle after a strong drop volatility is loading.
Currently sitting at the breakout zone.
A decisive move is coming soon 👀
✅ Bullish scenario: Break and close above → target resistance zone $0.50+
❌ Bearish scenario: Rejection → revisit support near $0.40
Momentum indicator showing early signs of a potential reversal.
Let’s see which side wins the breakout ⚔️
#XPL #Crypto #TradingView #PriceAction #Breakout
$XPL (4-hour): huge SELL-OFFS ongoing, GOLDEN POCKET supportAMEX:XPL is right inside of the GOLDEN POCKET (66c - 71c) and EXTREMELY oversold. Normally I would jump in, not this time.
In the recent update I pointed out HUGE selling volumes and OBV signaling distribution. In simple terms, some people/entities have been dumping heavy.
And the red volumes got even bigger yesterday, and more dumpage evidenced in the on-balance-volume indicator.
Many people will but here automatically because it's 'cheap' (nearly 60% down from the ATH two weeks ago).
Not for me. I do have spot bought at an average price of $1.1 and that will be fine if/when the project starts gaining adoption.
But currently, some big players have been selling and I don't intend to be their exit liquidity.
By the way, this last crash was predicted accurately by a RSI HIDDEN BEAR divergence which popped at support (82c). Put a vertical white line in that place for you to see.
I will update when any solid signs of a reversal to the upside show up. Staying away from #Plasma for now. 💙👽
Plasma XPL price analysis🤔 Hard to believe all this FUD around #XPL isn’t just a setup to let the big players buy cheaper 😏
🔹 The OKX:XPLUSDT chart has entered the previous consolidation zone — technically, it looks like the market is trying to build a solid base before the next move.
💎 Ideally, market makers and buyers won’t let the price drop below $0.6150–0.6950, which could become a perfect accumulation zone before the next wave up 🌊
🤔 What do you think — just short-term FUD or the start of a deeper correction
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🧠 DYOR | This is not financial advice, just thinking out loud
$XPL (4-hour): TRIPLE BOTTOM breakout attempt has FAILEDLast night before bedtime I made a post about an attempted TRIPLE BOTTOM breakout on AMEX:XPL but decided to stand by and wait for a retest.
And that was an ace decision as it turns out, the BREAKOUT has failed miserably. Huge selling volumes appeared as the US Stock markets opened in blood.
What's really worrying here, at least short term is the OBV profile which has been nose-diving, and that confirms heavy DISTRIBUTION. I did mention last night that I was concerned about the coin's tokenomics. For a reason, it seems.
The TRIPLE BOTTOM support is $0.82 and that's EXACTLY where the only cluster of LONG LIQUIDATIONS is located (see the attached HEATMAP).
So, to put it simply, the market structure remains BULLISH, just had a HIGHER high, and if the price puts in a higher low, then there is a potential LONG entry on another breakout above the triple bottom's neckline ($1.035).
And I will skip it, these gigantic red volume candles are also a massive red flag for me.
Keeping the spot holdings intact, once the distribution is over, it should do well. It's an investment for Q4 as far as I'm concerned💙👽
#XPL #Plasma






















