Technical Analysis

XPL Technical Analysis February 24, 2026: RSI MACD Momentum

XPL

XPL/USDT

$0.0874
-5.21%
24h Volume

$82,039,414.41

24h H/L

$0.0922 / $0.0821

Change: $0.0101 (12.30%)

Funding Rate

-0.0078%

Shorts pay

Data provided by COINOTAG DATALive data
XPL
XPL
Daily

$0.0878

-1.90%

Volume (24h): -

Resistance Levels
Resistance 3$0.1142
Resistance 2$0.1008
Resistance 1$0.0936
Price$0.0878
Support 1$0.0865
Support 2$0.0789
Support 3$0.0700
Pivot (PP):$0.086533
Trend:Downtrend
RSI (14):39.7
JM
James Mitchell
(09:50 AM UTC)
5 min read
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0 comments

XPL is stuck in the neutral zone at RSI 38.12 level while the MACD histogram gives a positive momentum signal; however, a bearish short-term trend dominates below EMA20. Although indicators point to a possible bullish divergence, volume confirmation is awaited.

Trend Status and Momentum Analysis

XPL is trading at its current price of 0.09 USD, experiencing a 2.18% decline in the last 24 hours, and the daily range narrowed between 0.08-0.09 USD. The overall trend direction continues downward, the Supertrend indicator gives a bearish signal, and the 0.11 USD resistance forms a strong barrier. From a momentum perspective, mixed signals are prominent: RSI 14 period at 38.12 is not approaching the oversold region (below 30) but is holding in the neutral zone. The MACD histogram is moving in positive values, suggesting a hidden bullish momentum accumulation. Volume is at a medium level of 65.37 million USD, but accumulation patterns are not observed in the downtrend. The EMA ribbon structure appears squeezed in the short term, and the lack of a close above EMA20 (0.10 USD) sustains the bearish pressure. In multi-timeframe (MTF) confluence, 8 strong levels were detected: 2 supports/3 resistances on 1D, 1S/1R on 3D, 2S/1R on 1W. This confluence makes the main support at 0.0700 (score 73/100) and resistance at 0.0898 (62/100) critical. For momentum traders, the main focus will be the clarification of discrepancies between RSI and MACD.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

RSI 14 period is currently at 38.12 level, and despite the price's recent lows, the RSI base forming at higher levels indicates a regular bullish divergence. On the daily chart, while the price pulled back to 0.08 USD, RSI rebounded from the 35 level, showing that sellers' momentum is weakening. On the weekly timeframe, there is potential for hidden bullish divergence: While the price makes new lows, RSI failed to hold the 40 band, but the positive deviation supported by the histogram could herald a trend change. For regular divergence confirmation, RSI must break above the 50 level; although the current 38.12 value implies continued selling pressure, the divergence score is rising. In momentum confluence, RSI does not align with Stochastic but is supported by Williams %R oversold signal. Traders should monitor a break below 30 as a short signal and above 45 as a long setup.

Overbought/Oversold Regions

RSI at 38.12 has not yet entered the oversold region (below 30), meaning sales have not exhausted, but the squeeze in the neutral zone (30-70) leaves it prone to a momentum breakout. On the daily chart, RSI is testing the 50 line downward, with a breakdown risking a decline to 25. On the weekly, the 40 level is a critical threshold; holding above it will strengthen bullish momentum. Past oversold rebounds carried to the 0.0963 resistance, and the current setup is suitable for a similar scenario but requires volume confirmation.

MACD Signals and Histogram Dynamics

MACD is in bullish status, the histogram is expanding in positive values and holding above the signal line. This confirms hidden bullish momentum accumulation within the downtrend: As the price falls, the MACD line challenges the zero line, and the growing histogram bars show buyers strengthening. The last crossover was positive, but the zero line resistance is being tested; an upward break will accelerate momentum. On the daily chart, there is no contraction tendency in the histogram; on the contrary, expansion is eroding selling momentum. On the weekly MACD, a signal line crossover is awaited, and the current positive histogram confirms downtrend weakness. In terms of divergence, MACD aligns with RSI: As price makes lows, MACD draws higher bases. If supported by volume, the 0.0963 target is realistic; in case of contraction, a pullback to 0.0821 support is likely.

EMA Systems and Trend Strength

Short-Term EMAs

The price is trading below EMA20 (0.10 USD), sustaining the short-term bearish trend, and the ribbon squeeze between EMA10 and EMA50 shows declining trend strength. EMA9/21 crossover is bearish but correcting with momentum loss. In short-term strength measurement, ribbon narrowing signals consolidation before a breakout.

Medium/Long-Term EMA Supports

EMA50 (around 0.095 USD) is the first resistance, EMA200 (above 0.12 USD) is trend-determining in the long term. In ribbon dynamics, medium-term EMAs are downward sloping, and it appears the price will not decline to test EMA100. Trend strength is weak; a close above EMA20 with bullish MACD could trigger a reversal.

Bitcoin Correlation

BTC at 63,065 USD with a 4.85% decline is in downtrend, Supertrend bearish and dominance rising; this creates pressure on altcoins. XPL is highly correlated with BTC (0.85+); if BTC loses 62,910 support, XPL could slide to 0.0700. If BTC breaks 64,409 resistance, relief in XPL and a test of 0.0963 is possible. Main BTC levels: Supports 62,910/59,952, resistances 64,409/66,414. While BTC momentum is weak, there is hope for independent bullish divergence in XPL, but correlation dominates.

Momentum Outcome and Expectations

In synthesis, RSI 38.12 divergence and MACD positive histogram give bullish momentum signals, but EMA bearish and BTC downtrend warrant caution. With volume confirmation, 0.0963/0.1421 targets; otherwise, 0.0821/0.0700 supports are on the agenda. Momentum confluence awaits RSI 45+ and MACD zero breakout for reversal. Detailed data available for XPL Spot Analysis and XPL Futures Analysis. Short-term outlook neutral-bearish, long-term upward potential with divergence strength.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM
James Mitchell

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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