XDC Network Spikes Over 17%, How Much Higher Can XDC Go?

WikiBit 2025-04-12 18:39

XDC emerged as one of the top gainers, posting a strong 17.75% gain in the past 24 hours. XDC bounced back from a low of $0.06022, recovering over 27%

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XDC Network Spikes Over 17%, How Much Higher Can XDC Go？

XDC emerged as one of the top gainers, posting a strong 17.75% gain in the past 24 hours.
XDC bounced back from a low of $0.06022, recovering over 27% within the week.

After a rough week, the global crypto market kicked off the day with a bit of a breather. Bitcoin (BTC) bounced back above $83.5K, helping push the total market cap up to $2.94 trillion — a 3% increase in the last 24 hours. Amid this slight recovery, XDC Network (XDC) stood out as one of the top performers with an impressive 17.75% gain.

XDC began the day at $0.06525 and rallied to a high of $0.07683, backed by strong bullish activity. At the time of writing, it trades at around $0.07449, with daily trading volume climbing over 61% to $45.16 million. Over the past week, XDC has gained 9.32%, bouncing back sharply from a low of $0.06022 — marking a strong 27% recovery.

XDC Technical Analysis: Bullish Momentum Builds Across Timeframes

On the 4-hour chart, XDC shows signs of a bullish reversal. After a steep dip to $0.05990, the price quickly surged back up without much consolidation — forming a V-shaped recovery. Its currently testing the key resistance at $0.07474 (100% Fibonacci level). A break and hold above this level could confirm continued upward movement. If not, it may revisit the $0.06557 support level.

Indicators back the bullish setup:

MACD shows a clear bullish crossover with growing momentum.
CMF sits at 0.05, suggesting mild but steady buying pressure.

On the daily chart, XDC recently broke out from a long consolidation between $0.064 and $0.071. This move forms a potential rounded bottom — often a bullish continuation sign. The next resistance levels to watch are $0.07941 and $0.08550, with strong support near $0.07073 and $0.05968.

If bulls maintain this momentum and flip $0.07941 into support, XDC could aim for the $0.085–$0.091 zone in the coming days.

Metric	4-Hour Chart (4H)	Daily Chart (1D)
Pattern	V-Shaped Recovery after a sharp drop	Rounded Bottom / Accumulation Breakout
Trend	Short-term bullish continuation	Possible shift from downtrend to uptrend
Fibonacci Key Levels	0.07474 (hit 100% Fib target)	0.07941 next resistance (0.618 level)
MACD	Bullish crossover with rising histogram	Bullish crossover confirmed; MACD line climbing
CMF	Slightly positive (0.05)	Strongly positive (0.16) — strong buying pressure
Price Behavior	Fast rebound from $0.05990 to $0.07474	Breakout after long consolidation between 0.064–0.071
Support Levels	$0.07124, $0.06907, $0.06557	$0.07073 (Fib 0.786), major support near $0.05968
Resistance Levels	$0.07474 (current), potential move beyond	$0.07941 (Fib 0.618), $0.08550 (Fib 0.5)
Outlook	Short-term bullish, could consolidate or retest supports	Trend reversal possible if price sustains above $0.079

Both timeframes support a bullish bias, but confirmation above $0.079–$0.085 on the daily will be key for XDC to sustain its move.

Disclaimer：

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