Speaking of XPL, there's not much to say about the fundamentals; everything essential is already in place. But the key still depends on whether the technicals can keep up. If these two align, then it's worth paying attention to.
From the daily chart perspective, after a previous surge, there was a direct crash, and the decline was really sharp. Up to now, it hasn't formed a decent daily central zone; overall, it's just been oscillating. However, a clear buy signal has appeared on the 30-minute chart. What does this mean? The downside on the daily should be nearly exhausted, and the central zone is about to be established. If the rhythm is right, a daily-level rally is just around the corner.
Where is the bottom? The price level of 0.115 is the daily support. The upcoming movement will most likely oscillate between 0.115 and 0.214. Only when the price effectively breaks above 0.214 or falls below 0.115 will a major trend truly begin. With fundamentals combined with technicals, there are still some opportunities to be seen.
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GateUser-e51e87c7
· 7h ago
If the 0.115 line holds, there's hope; otherwise, it's just a continuation of the breakdown.
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MentalWealthHarvester
· 7h ago
0.115 whether it can hold or not is the key, otherwise it's just another scam to fleece retail investors.
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GasFeeNightmare
· 7h ago
That 0.115 line I have to watch closely, staying up late again. The arbitrage opportunities to save on gas fees are gone, which is really frustrating.
Speaking of XPL, there's not much to say about the fundamentals; everything essential is already in place. But the key still depends on whether the technicals can keep up. If these two align, then it's worth paying attention to.
From the daily chart perspective, after a previous surge, there was a direct crash, and the decline was really sharp. Up to now, it hasn't formed a decent daily central zone; overall, it's just been oscillating. However, a clear buy signal has appeared on the 30-minute chart. What does this mean? The downside on the daily should be nearly exhausted, and the central zone is about to be established. If the rhythm is right, a daily-level rally is just around the corner.
Where is the bottom? The price level of 0.115 is the daily support. The upcoming movement will most likely oscillate between 0.115 and 0.214. Only when the price effectively breaks above 0.214 or falls below 0.115 will a major trend truly begin. With fundamentals combined with technicals, there are still some opportunities to be seen.