XPL Drops 9.4% in 24 Hours Amid Broader Selloff and Regulatory Scrutiny

On OCT 9 2025, XPL dropped by 9.4% within 24 hours to reach $0.7473, XPL dropped by 1404.14% within 7 days, dropped by 2682.73% within 1 month, and dropped by 4176.78% within 1 year.

A series of developments surrounding XPL has triggered a sharp downward trend, drawing attention from institutional and retail investors alike. Recent regulatory inquiries into the asset class have heightened uncertainty, contributing to the volatility. Additionally, a number of exchange delistings and reduced liquidity have intensified the downward pressure, especially in the short-term time frame. These factors have led to a broad selloff and a loss of investor confidence across the broader market.

Technical analysis of XPL reveals a deepening bearish trend. The asset has broken below key support levels that had previously acted as a floor for the price over the past several months. The Relative Strength Index (RSI) has moved into oversold territory, a signal often interpreted as a potential reversal point. However, the strength of the ongoing downtrend suggests that RSI readings may remain depressed for some time. The Moving Average Convergence Divergence (MACD) indicator also shows a narrowing histogram and a bearish crossover, reinforcing the downward momentum.

The chart pattern indicates a continuation of the bear market, with no immediate signs of a reversal. A breakdown of key psychological and round-number levels has further accelerated the decline, as stop-loss orders and panic selling have compounded the pressure. Traders are now focusing on the next level of support, which, if broken, could trigger further downward movement.