Regarding the recent trend of XPL, I have some observations to share with everyone.



From a technical perspective, the four-hour chart has consecutively broken through several key resistance levels. This signal remains quite clear. At the same time, the buy orders below appear to be quite solid, while the bears above seem to lack momentum. This kind of structure usually indicates that the bulls are in the lead in the short term.

A detail worth noting is that the bottom washout cycle has exceeded sixty days. This time span is sufficient for the main players to complete their accumulation. Long-term sideways consolidation often causes most retail investors to become exhausted and exit before releasing signals, which then marks the beginning of a new wave of market movement.

Currently, XPL is priced at 0.152. From this position, the buying enthusiasm is noticeably stronger. Some traders believe it is indeed worth participating here, but since everyone's risk tolerance and trading strategies differ, it is recommended to make judgments based on your own situation. There are many market opportunities, and the key is to find the one that suits your rhythm.
XPL-0,2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MidnightGenesisvip
· 21h ago
On-chain data shows that this washout cycle is indeed interesting; 60 days is enough. As expected, retail investors are all tired, and the main force's chips should be almost collected. At the 0.152 level, based on contract changes, the buying pressure is indeed being released. What’s worth monitoring is whether it can hold steady after breaking through the four-hour timeframe; that is the real signal.
View OriginalReply0
StablecoinAnxietyvip
· 21h ago
60-day consolidation? Listen to this, it's again about main force chips theory Wait, can the price at 0.152 really be a good entry point? It feels a bit uncertain Every time it consolidates sideways, they say it's an opportunity. I just want to know when the real opportunity will come Strong buying pressure? Then I ask, why is it still crawling at the bottom? If this wave breaks below, is there any support below? Don't just talk empty words I'm optimistic about it, but I just don't feel confident inside
View OriginalReply0
ExpectationFarmervip
· 21h ago
Sixty days of consolidation sounds good, but I'm worried the main force might push the price down in the opposite direction.
View OriginalReply0
SchroedingerAirdropvip
· 21h ago
60 days of consolidation, this move by the main force is a real trap, retail investors should have seen through it long ago.
View OriginalReply0
DeFi_Dad_Jokesvip
· 21h ago
Sixty days of consolidation, is this time for real... Should retail investors buy the dip again or get harvested? Who knows At the 0.152 level, to gamble or not to gamble? The main force's move is too deep, I'm a bit scared Are the bulls in the lead? Let me see what the candlestick chart says
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)