XPL remains in a downtrend on the 4-hour chart, with the price being suppressed by moving averages, and market sentiment is clearly weak.



Since dropping from the high of 0.21, trading volume has continued to shrink. This is not a sign of panic selling; rather, it indicates that most people are waiting—waiting for a clear direction.

The key zone that can trigger a market move is between 0.125 and 0.13. However, it is important to note that only when there are obvious signs of support, such as candlesticks forming long lower shadows, can it potentially develop into a rebound or even a reversal. Otherwise, it is just a brief respite in a downtrend, and the overall trend will likely continue to be bearish.
XPL-18.81%
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MetaverseLandladyvip
· 01-21 16:29
If the 0.125 level can hold steady, there is hope; otherwise, keep falling.
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PumpAnalystvip
· 01-20 04:41
The shrinking trading volume basically means the big players are accumulating. Don't listen to those talking about "waiting for the direction," waiting for what? 0.125 is the real accumulation point. If this rebound really gains momentum, it could push above 0.16+, but the prerequisite is a long lower shadow confirmation; otherwise, it's just the same old chopping up the retail investors.
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GasFeeSobbervip
· 01-19 17:27
0.125 can't hold, then just drop again. This wave looks like it's just consolidating to trap people.
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SandwichDetectorvip
· 01-18 16:59
Wait, can 0.125 really rebound? I think it needs to break down to 0.12.
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BlockchainBouncervip
· 01-18 16:59
Can 0.125 really save the situation? Honestly, it's a bit uncertain.
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TokenAlchemistvip
· 01-18 16:58
volume death spiral incoming unless we see actual accumulation at .125-.13, not just dead cat bounces. the ma compression alone tells you the inefficiency vector here—market's basically screaming it needs a state transition but nobody's got the conviction to pull the trigger. tbh if this just bounces and rolls over again i'm calling capitulation cascade.
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MemeCoinSavantvip
· 01-18 16:47
yo the volume death on xpl is actually based ngl... everyone's just sitting in copium waiting for that 0.125 bounce thesis to validate 👀
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ContractBugHuntervip
· 01-18 16:37
0.125 is really the critical threshold; if it doesn't break through, it will have to keep dropping.
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SerNgmivip
· 01-18 16:31
If that 0.125 level can't hold, I think it will directly break below 0.12.
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