$XPL /USDT Analysis: Is the Bottom In? 🚀
Plasma (XPL), a Layer-1 purpose-built for stablecoin payments, is currently navigating a heavy correction. After hitting an ATH of $1.68 in late 2025, XPL has retraced significantly, now hovering around $0.10 - $0.14.
Technical Outlook 📊
* Support: Strong buyer interest sits at $0.098 - $0.10. Losing this could lead to a "panic drop" toward historical lows.
* Resistance: Immediate hurdles are at $0.155 (MA25) and $0.18. A breakout above $0.18 is needed to confirm a trend reversal.
* Indicators: RSI is near oversold levels (30-35), suggesting a potential short-term relief bounce.
The Fundamental "Why" 💡
Despite the price dip, on-chain data remains robust. Plasma is now a top-tier lending market with over $3B in TVL. However, keep an eye on the July 2026 token unlocks (10% of supply), which may cap long-term gains in the near term.
Verdict: High volatility. Great for scalping support bounces, but long-term bulls should watch for stabilization above the 50-day SMA.
> Note: Not financial advice. Always DYOR.
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