XDCUSD
XDC is looking great for trading in the short and mid-term.Although I'm not a big fan of the current version of XDC, version 2.0 is a badly needed and long-overdue step in the right direction. XDC, often snubbed due to its association with Mr. "Eat Zee Bugs" himself, has definitely had a negative impact on the XDC price and retail adoption, as very few people are interested in investing in a project associated with an individual who completely lacks honesty and credibility. But either way, as a trader, I like the potential of what I see in the charts and would absolutely exploit it in the short term, even though I would never be caught dead investing in this coin long term, since it's associated with people I consider completely untrustworthy.
Good luck, and always use a stop loss.
XDC is a solid buy with some serious potentialXDC is currently at the bottom of a very large wedge, spanning a long period of time. Being at the low end, the odds are that it's a really good buy. XDC will be right in the middle of the new digital financial system, and I believe it is being overlooked by the broader market.
Good luck!
XDC Network | XDC The price of XDC Network is $0.059 today with a 24hour trading volume of 19 million dollar. This represents a 24% price increase in the last 24 hours and a 72% price increase in the past 7 days. With a circulating supply of 14 Billion XDC, XDC Network is valued at a market cap of 822 million dollar.
As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 93% in just two weeks, impressing traders and investors with its massive rise.
The altcoin’s ascent over the past 30 days has been remarkable; it has seen a substantial 56% increase, solidifying its place as one of the market’s most exciting digital assets. The altcoin has demonstrated its strength by trading at a startling 100% premium over its January opening.
XDC Network is a blockchain platform for businesses and developers who want to build decentralized apps on an efficient and scalable blockchain infrastructure.
The platform is built on an enhanced Ethereum codebase and is compatible with the Ethereum Virtual Machine.In order to attain the target price of $1, analysts predict that the value of the XDC token will increase by a factor of about 24. This suggests a big potential for growth and offers a chance for investors looking for significant returns.
XDC has previously shown significant price appreciation. From its lowest price of $0.050 in June 2021, the token’s value increased by slightly more than three times in just two months.
In August 2021, XDC reached its highest recorded price of $0.18 thanks to this outstanding performance. Such a sharp price increase demonstrates the token’s intrinsic volatility and ability to provide substantial returns in a short amount of time.
A total of 37,705,012,600 XDC coins are available, with a circulating supply of 13,851,401,350 and a market cap of $812 million for XDC.This year, the token has boomed, reaching a high of $0.050 before turning erratic, with periodic upward and downward movements. A 10% increase would allow XDC to test its 2023 highs again.
Meanwhile, the blockchain project’s collaboration with the Japanese cryptocurrency trading firm SBI VC Trade to sponsor WebX 2023 coincides with the token’s price increase.
Users of the XDC network anxiously anticipate an upcoming event that will reveal cutting-edge innovations, open doors to exciting possibilities, and enable interactions with influential personalities in the business.
The XDC community is brimming with anticipation for the network’s bright future, and this excitement has driven the network’s price higher over the past week.
XDC/USDT Major trend. Wedge + trend fan.Main trend. Time frame 1 week. Idea for trend work and orientation of dynamic support/resistance reversal zones in the future.
The cryptocurrency is indirectly related to XRP infrastructure. Very HYIP cryptocurrency in the past cycle of 2021 highs. Pumped up tens of thousands of percent when the instrument went public on liquid exchanges. Situation now at 12 05 2024.
Local trend and reversal zone now.
XDCUSD: Get ready for this signal.XDCUSD is neutral on the 1D timeframe (RSI = 51.811, MACD = -0.002, ADX = 40.140) with the price consolidating insde the 1D MA50 and the 0.0500 Support. In accordance to the two prior consolidation into recovery waves of this Fibonacci Channel, the next crossing over the 1D MA50, will be a buy signal.
The 1D MACD pattern is a lot like the bottom formations of February and June. Be ready to buy that breakout and target R1 (TP = 0.09350).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
XDCUSD Near the best buy signal provided by the MACD.The XDC Network (XDCUSD) is having a strong 1D green candle breaking again above the 1D MA50 (blue trend-line) after holding the 1W MA100 (yellow trend-line). The trend is more effectively displayed by the Fibonacci Channel where it appears that every Higher High is +0.5 Fib more than the previous.
If the 1D LMACD forms a Bullish Cross (which is close to completing), it will be the best buy entry on a 3 month basis. In that case we will buy and target 0.14000, which is within the 1.5 and 2.0 Fibonacci extensions.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XDCUSD Strong bullish break out signalXDCUSD is having an excellent two week bullish streak as after last week's candle that crossed over the MA100 (1w), this week the price is attempting to close over it.
It also crossed above the Channel Up and we need the Fibonacci Channel levels to determine the next High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0800 (Fibonacci 1.5 extension).
Tips:
1. The next target after a strong pull back will the the All Time Falling Resistance. Above that, XDC will aim at a new All Time High.
Please like, follow and comment!!
XDC Network Potential RetracementIn my opinion, considering the current market conditions and the broader performance of cryptocurrencies, XDC (XinFin Network) could face downward pressure and potentially trade lower at this time.
Many cryptocurrencies have experienced a recent decline in value due to various factors such as market corrections, regulatory concerns, or shifts in investor sentiment. XDC may not be immune to these trends and could be influenced by the overall market sentiment.
My price targets are $0.030 and $0.024.
Looking forward to read your opinion about it.
C & H on XinFin (XDC)Cup and handle pattern on the long term chart of KUCOIN:XDCUSDT XDCUSD.
Fib levels show a 2025 cycle top price target of at least $0.75 (25x from today's price of $0.035).
If fib level 2.272 is hit, that would put the price of XDCUSD by the end of 2025 at around $3 to $4 (100x from today's price).
Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal balls here—just a pinch of insight and a dash of caution
XDCUSD About to break above the 1D MA50. Bullish.The XinFin Network (XDCUSD) is on a noticable rise today after it held the previous days and rebounded on both the 1W MA50 (red trend-line) and 1D MA200 (orange trend-line). The Fibonacci Channel levels gives us a better understanding of the Support and Resistance levels involved during this uptrend since the December 07 2022 market bottom.
If the price closes a 1D candle above the 1D MA50 (blue trend-line) we may see a rally similar to mid March - April, since the MACD has just completed a Bullish Cross, the first since March 13. In that case, we will take this bullish break-out signal and target more comfortably first Resistance 1 (0.04545) and then the 2.0 Fibonacci extension and 1W MA100 (yellow trend-line) cluster at 0.05200.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XDC - it is now time to get back in !!This investing idea is especially for TRADERMARIANO a long term follower !!
Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem !
XDC has broken out of a long term large bullish broadening wedge and has made a text book back test.
50 D moving average looks like it wants to cross the 200 D ....
RSI looks very promising with a recent cross of MA and the lower time frame MA turning up again.
Volume by price is indicating that, once price crosses the 0.031 level things will start to get interesting.
I am very confident about taking a healthy position right now.
Do your own diligence. I am only telling you what I am doing with my own money ! All the best to you out there ... and special thanks to TRADERMARIANO !!!
XDC XINFIN Descending Broadening Wedge Bullish Reversal IncomingXDC has been in this long correction consolidation as have most of the other cryptos in this bear market. It seems like XDC has found a bottom or is finding a bottom. This descending broadening wedge pattern that formed after a major bullish run is a great pattern and will result in a nice upside move to start XDC's next run up to possibly $3 on this next run. The descending broadening wedge breakout will result in a measured move of at least $.27 cents. XDC has been gaining alot of popularity lately in the crypto community and I think XDC is going to jump up into the top 10 or 20 very soon. Its fundamentals are amazing as well. Dont sleep on this one guys this is probably the easiest 100x there is in my mind. I show in the chart that XDC top will be around December 2023, I dont know if that is exactly when it will happen, it could be faster or it could be into 2024. Regardless XDC is about to melt faces and Ive been saying that for a long time. I will leave statistics below about how this descending broadening wedge will/should play out, its a direct copy and paste from CENTRALCHARTS.
A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines.
A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line.
Each of these lines must have been touched at least twice to validate the pattern.
NB: a line is said to be "valid" if the price line touches the support or resistance at least 3 times.
This implies that the descending broadening wedge pattern is considered valid if the price touches the support line at least 3 times and the resistance line twice (or the support line at least twice and the resistance line 3 times).
A descending broadening wedge does not mark the exhaustion of the selling current, but the buyers’ ambition to take control. The divergence of the two lines in the same direction (increase in price magnitude) informs us that the price continues to fall with movements that are increasingly low in magnitude. The sellers manage to make the price rebound on the resistance line but lose control after the formation of a new lowest point. The highest point reached during the first correction on the descending broadening wedge’s resistance line forms the resistance. A second wave of decline then occurs of more magnitude, signalling the sellers' loss of control after a new lowest point. A third wave forms afterwards but the sellers lose control again after the formation of new lowest points.
During the formation of a descending broadening wedge, volumes do not behave in any particular way but they increase strongly when the support line breaks.
FORMATION OF A DESCENDING BROADENING WEDGE AFTER A PEAK
This type of pattern appears during the correction in a bullish movement, it is a bullish continuation pattern. Resumption of the bullish movement after correction.
The break in the resistance line definitively validates the pattern.
The price objective is given by plotting the wedge’s maximum height onto the breaking point
NB: pullbacks are harmful to the pattern’s performance.
Statistics of the descending broadening wedge after a bullish movement
- In 79% of cases, the exit is bullish.
- In 23% of cases, a descending broadening wedge occurs in a consolidation movement.
- In 81% of cases, the pattern's price objective is achieved when the resistance line is broken.
- In 40% of cases, the price makes a pullback in support on the descending broadening wedge’s resistance line.
XDC IS ABOUT TO POP! XLM, XDC, XRP FOLLING SAME PATHXDC as well as XRP, and XLM are ready to take off. The entire alt-coin market is preparing for a huge move as well as Bitcoin. The whole crypto market is about to blow everyone's mind. The bearish sentiment out there is overwhelming, we've reached max fear. Everyone and their dog thinks this is a suckers rally and we're heading lower and why I believe this is the perfect setup to create the greatest FOMO of history. So many people who have been screaming SHORT, BTC $5k, BEAR MARKET RALLY, RECESSION BLAH BLAH BLAH will be left behind in this run, purposely may I add. Also BLACKROCK the largest asset manager in the world, with $10 Trillion under management , has started a private fund and partnered with Coinbase to allow an onramp for their institutional investors. Institutional investors don't spend 1 or 2 million investing, they dump hundreds of million and billions into markets. Anyways hold onto your hats we're about to take off.