{"id":51994,"date":"2025-10-09T15:32:00","date_gmt":"2025-10-09T15:32:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51994"},"modified":"2025-10-09T15:32:00","modified_gmt":"2025-10-09T15:32:00","slug":"xpl-drops-14-after-pump-whats-next-for-plasma","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51994","title":{"rendered":"XPL Drops 14% After Pump: What\u2019s Next for Plasma?"},"content":{"rendered":"
\n

Plasma (XPL) has recorded a sharp decline after its recent rally. The token is now priced around $0.75, reflecting a 14% drop in the last 24 hours and 23% over the past week.<\/p>\n

The move follows a brief push that took the price as high as $1.07 in the past seven days.<\/p>\n

Price Back at Support Area<\/h2>\n

Meanwhile, the price has returned to a support range between $0.74 and $0.78, where previous consolidation and a rising trendline converge. This area acted as a base for the last upward move. The 0\/8 Murrey Math Line at $0.78 also aligns with this zone, suggesting it remains a level of interest.<\/p>\n

\"XPL<\/a>
Source: TradingView<\/figcaption><\/figure>\n

The Relative Strength Index (RSI) on the 4-hour chart is now around 30, placing it in oversold conditions. Early signs of a possible reversal are visible, but there is no confirmation yet. If the trendline and support hold, buyers may step in. If not, lower levels around $0.68 and $0.59 could come into play.<\/p>\n

Futures Open Interest Holds Above $1B<\/h2>\n

XPL futures Open Interest is currently around $1.09 billion, up sharply from below $300 million in late August. The jump began during the late September rally, when the price climbed toward $1.6. During that move, Open Interest peaked, suggesting strong trading activity and high positioning.<\/p>\n

\"XPL<\/a>
Source: Coinglass<\/figcaption><\/figure>\n

Although both price and Open Interest have come off their highs, the current level shows that traders remain active. The chart reflects that a large number of positions are still open, which may keep price movement volatile in the short term.<\/p>\n

Analyst Says Market Now Finds Fair Value<\/h2>\n

Crypto analyst Duo Nine posted<\/a> a breakdown of XPL\u2019s recent activity. He said,<\/p>\n

\n

\u201cAt $1.70 insiders started to unload\u2026 market maker support at $0.85 failed under pressure.\u201d<\/p>\n<\/blockquote>\n

He added that with the pump phase over, the market is now moving to \u201cfind the real price of XPL<\/em>.\u201d<\/p>\n

Data shows XPL hit its all-time high of $1.68 on September 28, while the all-time low of $0.72 came just days before. With current price action testing that same range, traders are watching to see if support holds or if further decline follows.<\/p>\n

The post XPL Drops 14% After Pump: What\u2019s Next for Plasma?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Plasma (XPL) has recorded a sharp decline after its recent rally. The token is now priced around $0.75, reflecting a 14% drop in the last 24 hours and 23% over the past week. The move follows a brief push that took the price as high as $1.07 in the past seven days. Price Back at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-51994","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51994"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51994\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}