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XDC Price Analysis: New Partnership hikes profit!

  • The coin XDC-ETH pair is trailing at 0.00000539 and the rise of 22.12% is seen in the last 24 hours.
  • The coin has a live price of 0.0693 and the volume(Trading) is 14,192,241 in the last 24 hours.
  • The day’s range for XDC is 0.069555 – 0.080275.

The coin has seen an ironic increment in trading volume which is 139.78% in the last 24 hours and this tragic rise in the volume of XDC is because of the partnership of Flarefinance with Xinfin. With this partnership, benefits like loans, mutual funds, projects, and even the launchpad would be influenced under the names like Flare Loans, FLare Mutual, Flare Launchpad, etc.

12 June was the prominent time to long the coin and was trailing at the level of 0.0461657 and till date it has shown a return of nearly 66%. The chart mentioned above classified XDC on the basis of SMA-20, SMA-50 and SMA-200. Along with it RSI oscillator is also present and the circles marked below show the buying level.

SMA-20 had moved along with SMA-50 till 15 June and has successfully crossed the level of SMA-200 recently. SMA-50 had always provided the support to SMA-20.

According to MA-5, 10 and 20 shows the sale action for the last 5 hours. RSI with the value of 48.93 shows the neutral action. On an average the token has provided returns of 12.91% in the last 30 days.

Conclusion: The coin has entered into the bullish zone now and it is expected that the price would move to the level of 0.08602 in the next 3 days and a return of 10% is expected if you buy now.

Technical Instruments:

Pivot: 0.77701

R-1: 0.79482

R-2: 0.08053

S-1: 0.07592

S-2: 0.07481

(The unis is USD)

Categories: News
Antonio K Smith: Antonio is a travel photographer by profession and came across the Crypto world during his profession. Since then his love, knowledge and interest towards the technology have increased. He brings his passion to create in his articles.