XPL -1186.19% in 24 Hours Amid Sharp Correction

On OCT 11 2025, XPL dropped by 1186.19% within 24 hours to reach $0.4142, XPL dropped by 5997.5% within 7 days, dropped by 5906.54% within 1 month, and dropped by 6742.35% within 1 year.

The recent sharp drop in XPL reflects a broad market selloff, with trading activity concentrated around key support and resistance levels. The rapid devaluation over the past day has drawn attention to the project’s liquidity and capital structure, with no immediate catalysts reported for the sudden downturn. Analysts have highlighted the absence of any major announcements or technical upgrades in the immediate lead-up to the decline.

The one-week decline of 5997.5% is among the most severe in the digital asset space, with investors reportedly withdrawing positions en masse. The prolonged bearish trend over the past month—falling by 5906.54%—suggests a broader loss of confidence, with trading indicators showing no signs of stabilizing. Analysts project further downside risk if key support levels are breached, though no definitive reversal patterns have been observed.

Technical indicators used in the backtest include the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Bollinger Bands. These tools were applied to historical price data to simulate performance under similar market conditions, aiming to determine if a consistent exit strategy could have mitigated losses during the current selloff.