XPL Targets $1.36 After 20% Pump and Key Breakout From $0.89 Support Zone

• XPL gains 20% after holding above $0.89 showing renewed strength and building upward momentum.
• The price targets $1.05 and $1.36 as buyers increase activity and volume expands steadily.
• Market attention grows as traders position early for a potential breakout toward higher resistance levels.

XPL has climbed to $1.049 after rebounding from a strong support level, marking an early sign of bullish recovery. The 4-hour chart shared by EmjaopTurbo on X indicates a 20% pump from the entry zone currently in play. With the price recently touching $1.078, buyers have regained control, setting the stage for potential short-term upside continuation.

According to the chart, XPL is trading within a defined range between $0.823 and $1.366, signaling steady structural recovery. The mid-range resistance around $1.075 has become the immediate target for bulls seeking to extend momentum above the consolidation. Current price activity suggests gradual accumulation as traders react to technical cues aligned with recent moving average crossovers.

Market data indicate that the token has risen 0.81% in the last 24 hours, a sign of renewed investor interest. The green candles forming across the 4-hour chart highlight consistent buying interest around the $0.89 zone. This setup suggests that market participants are entering positions strategically ahead of the next expected move toward $1.30 or higher.

Chart Analysis Points to Short-Term Breakout Potential

The XPL/USDT chart on Binance reveals well-defined horizontal resistance levels that may shape short-term price action. If the price closes above $1.075, technical indicators suggest a breakout structure that could aim for $1.366 in the coming days.
This region has historically served as both a resistance point and a liquidity pool for profit-taking during previous bullish runs.

The ascending price movement aligns with the 9-day and 21-day moving averages now showing convergence near the $1.00 mark.
Such convergence typically signals the beginning of a trend reversal, especially after a sustained period of corrective decline.
For traders, maintaining price strength above $0.95 remains crucial to validate the continuation of this new bullish phase.

EmjaopTurbo’s post notes a “20% pump from the entry point,” reflecting an aggressive yet calculated position from traders. The comment gained rapid traction among followers who interpreted the signal as confirmation of an active momentum trade. This setup coincides with increased visibility on social trading platforms, driving engagement among retail participants tracking altcoin recoveries.

The chart further identifies major resistance targets at $1.700, $2.033, and $2.400, which align with longer-term Fibonacci extensions. These levels serve as potential objectives if volume and momentum continue rising through the mid-October trading window. As of now, the token remains above the critical support band between $0.823 and $0.889, a zone that historically absorbs selling pressure.

Traders React to Momentum and Risk Levels

Market observers continue to evaluate whether the recent recovery reflects sustained accumulation or a short-term relief bounce. The 20% move from the identified entry range underscores rising speculative activity as traders capitalize on volatility. For many, this phase represents a test of whether XPL can maintain its structure and build toward a higher trend formation.

The discussion on X shows a growing community response, with users analyzing levels around $1.05 as key for validation. Repeated tests at that level may attract larger buyers, especially if volume increases alongside expanding open interest.

The outcome of this retest will likely determine whether XPL can accelerate toward $1.366 resistance in the near term. As the chart continues to circulate online, traders remain alert to shifts in market structure and momentum behavior.

Technical analysts view the current movement as a potential pivot, mirroring patterns seen during prior altcoin breakouts. Now, the question stands: Can XPL sustain its recent 20% recovery and clear $1.05 to initiate a rally toward $1.366 and beyond?