Plasma (XPL) fell 10.22% following discoveries linking recent liquidations to earlier leveraged trades, raising concerns about market stability. Trading volume and Open Interest in derivatives also declined significantly, reflecting traders' retreat from leveraged positions amid volatility. Technical indicators show bearish momentum with XPL approaching a critical support at $0.0600, where buyers must step in to prevent further decline. The negative funding rate and reduced market activity suggest cautious sentiment and potential continued pressure on the altcoin's price.
Plasma (XPL) is trading at Rp1.149 on Pluang as of Nov 04, 2026 02:21 WIB, down 5.51% in the last day. The market cap stands at Rp5,51 trillion, showing significant investor interest despite recent volatility. Order activity on Pluang favors buyers at 61%, with typical hold time around 31 days, indicating some confidence among traders amid the price pressure.
