XPL -5363.5% in 1 Month Amid Sharp Short-Term Volatility

On OCT 11 2025, XPL dropped by 12.71% within 24 hours to reach $0.4635, XPL dropped by 5466.53% within 7 days, dropped by 5363.5% within 1 month, and dropped by 6310.19% within 1 year.

The recent performance of XPL reflects a dramatic bearish trend across all timeframes. The token has experienced a cumulative decline of more than 5000% in both the 7-day and 1-month windows, with the one-year chart showing a near 6300% drop. These figures indicate a severe erosion in value, consistent with a broader pattern of long-term depreciation. The 24-hour drop of 12.71% further signals acute short-term selling pressure, raising questions about the underlying fundamentals and market sentiment.

Technical indicators have struggled to provide directional guidance amid this sharp downturn. The 50-day and 200-day moving averages have both trended downward in recent weeks, with the 50-day now well below the 200-day, forming a bearish “death cross” formation. The Relative Strength Index (RSI) has remained in oversold territory for most of the last month, a condition that has historically failed to trigger meaningful rebounds. Volume has not shown any sign of a reversal, remaining subdued despite the volatility.

Backtest Hypothesis

A backtesting strategy was proposed to evaluate the effectiveness of a momentum-based reversal trade based on RSI and moving average crossovers. The hypothetical approach involves entering a long position when the RSI dips below 30 and the 50-day moving average crosses above the 200-day line, with an exit trigger set when the RSI rebounds above 50 or the 50-day moving average crosses below the 200-day line again. This strategy aims to capture potential rebounds from oversold conditions without exposing the position to extended bearish trends. Given the recent behavior of XPL, the backtest would aim to assess whether such a setup could have mitigated some of the downside or generated profit amid a broadly deteriorating price trend.