📉 Current Market Status

As of the latest data:

• XPL price is trading low compared with its all-time high (~$1.68), hovering roughly around ~$0.10–$0.11 range. It’s down ~90% from peak. �

• Trading volume remains high but market sentiment is weak and selling pressure persists. �

CoinMarketCap

CoinMarketCap

This suggests a major downtrend and long-term correction phase after earlier hype (mainnet launch) and price spikes in 2025. �

CCN.com

🔎 Technical Situation

Support & Resistance:

• Bottom support has been around the $0.07–$0.10 zone – this is the main floor investors watch. �

• Resistance sits near ~$0.32 and higher levels which have repeatedly capped upward attempts. �

CoinMarketCap

CCN.com

Trend Bias:

• Broad trend = bearish as price remains below major prior peaks.

• Some short-term bounce possible if macro crypto markets rally. �#WriteToEarnUpgrade #BTCVSGOLD