- XDC coin is in an uptrend at 3.8% during the intraday trading session.
- The 24-hour trading volume is at $16 million.
- XDC/BTC pair is trading positive by 5.1% at 0.00000338 BTC.
The daily technical chart of the XDC coin displays an uptrend. According to the pivot levels, the primary support level is $0.11. On the other side, if it rushes up, the resistance level to follow is $0.17. Although the chart forms a Doji star candlestick pattern within the day, it is predicted that the price may remain sideways with medium reliability.
The Zig-Zag framed a top of $0.13 on Apr 15. After that, investors can notice a massive correction of 68%, all the way low to $0.04. Now price levels are back around the range of $0.15 this week.
The volume of (1.85M) is below the MA of 20-days (7.03M). As a result, the volume is low, resulting in its price testing at the resistance zone. Investors may also mark that the volume bars on the chart are inclining, which intimates that notable volatility is expected in the upcoming trading session.
The MACD indicator gives (bullish) crossover above the signal line on Aug 08, indicating a buy signal in the coin. Moreover, Investors can see blue bars in the Histogram index.
XDC Coin Technical Aspects Looks Bullish
The price of XDC network today is 0.151344 USD, and the 24-hour trading volume is 16,953,348 USD. The price of XDC has increased by 3.8% in the past 24 hours. There are 12 billion XDC coins in circulation, with a total of 37.6 billion. The MACD indicator shows a buy signal, and the traders have guided low volume. Technically, the price tests around the resistance and remains in an uptrend. Therefore, as with overall market sentiment, the trend remains bullish.
Resistance Level: $0.17
Support Level: $0.11