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XLMJPY Drops 67.8% Within a Day as Market Makes a Drastic Turnaround

XLMJPY Drops 67.8% Within a Day as Market Makes a Drastic Turnaround

Bitget-RWA2025/09/06 09:45
By:CryptoPulse Alert

- XLMJPY plunged 67.8% in 24 hours, reversing a 28.52% weekly gain and 144.26% monthly surge. - The 1475.67% annual drop highlights a long-term bearish trend despite temporary rebounds. - Analysts cite profit-taking, shifting sentiment, and liquidity imbalances as potential causes. - Technical indicators show downside momentum, testing key support levels amid volatile trading.

On September 6, 2025, XLMJPY experienced a dramatic 67.8% decrease within a single day, falling to $52.8. Over the previous week, XLMJPY had climbed 28.52%, and over the past month, the pair had soared by 144.26%. However, on a yearly basis, it saw a steep decline of 1475.67%.

The abrupt 67.8% plunge in XLMJPY over 24 hours marks a sharp reversal from its earlier robust short- and medium-term performance. In the week leading up to the drop, the pair had posted a 28.52% gain, and in the past month, it rallied by 144.26%, underscoring strong momentum. However, those advances were swiftly erased as the value tumbled to lows unseen in more than a year. Experts suggest that such rapid losses may stem from traders securing profits, shifts in market mood, or deeper issues related to the pair’s liquidity or demand fundamentals.

The cumulative one-year loss of 1475.67% emphasizes the persistent downward trend for XLMJPY. Although the recent weekly increase of 28.52% offered short-term relief from the ongoing slump, the subsequent daily crash indicates a reversion to the dominant bearish pattern. As a result, market participants and analysts are now paying closer attention to the underlying dynamics of the pair to detect any signs of stabilization or further decline.

Recent trading sessions have seen conflicting technical signals. Momentum indicators now point clearly downward in the short term, with significant support levels coming under pressure. The latest steep fall suggests that bullish positions established during the prior rally have largely been liquidated, as traders exit long trades amidst increased price swings. The pair now stands at a pivotal point where additional declines could spark broader sell-offs, while any quick recovery will challenge whether recent lows can hold.

Historically, the technical setup of the pair has been highly responsive to changes in liquidity and movements across currencies, and these factors have become even more pronounced after the recent volatility. The 144.26% monthly surge appears to have been a temporary upswing within an ongoing bear market, with the latest daily drop highlighting the prevailing negative trend. Current price activity suggests the market is undergoing a transition, as traders adjust their strategies in light of new developments.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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