XPL -510.77% in 24 Hours Amid Sharp Short-Term Volatility

On OCT 7 2025, XPL dropped by 510.77% within 24 hours to reach $0.9737, XPL rose by 571.21% within 7 days, dropped by 296.11% within 1 month, and dropped by 2277.46% within 1 year.

The sudden collapse in XPL’s price over the last 24 hours has sparked renewed attention from traders and analysts. The drop, which saw the asset fall by more than fivefold in a single day, stands in stark contrast to a strong weekly recovery of over 570%. This sharp reversal highlights the inherent volatility of the asset and raises questions about the underlying drivers of such rapid price swings.

Technical indicators have shown mixed signals in recent trading sessions. The 50-day and 200-day moving averages have remained in a bearish alignment, with the shorter-term average continuing to trail below the longer-term trend. Meanwhile, the RSI has oscillated into overbought and oversold territory multiple times within the past week, suggesting heightened sensitivity to market sentiment.

Backtest Hypothesis

A potential backtesting strategy under consideration involves using a dual-moving average crossover system, combined with RSI divergence as a filter. The approach would trigger long positions when the 50-day moving average crosses above the 200-day line and RSI shows positive divergence from a recent price low. Conversely, short positions would be initiated on a bearish crossover and negative RSI divergence. Stops would be placed at key Fibonacci retracement levels identified in the recent 570% weekly rebound. The strategy’s viability would be evaluated using historical data from the past year, focusing on its ability to capture rebounds like the 571.21% gain while mitigating risk during downturns such as the 2277.46% annual decline.