Get started
XDCXDCXDC
#108#108#108

XDC

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

XDCUSD trade ideas

XDC. ISO 20022A promising (in limited circles) EVM smart contracts network. Here's what the official website says about it: XinFin Private Network lets any kind of enterprises connect their legacy systems with a Blockchain Network using the XDC Protocol and messaging compatible with ISO20022 standard. This gives enterprises a flexibility to convert the legacy system operation from a Hub-n-spoke single point of failure operation to a distributed or decentralised system. As for the analysis... Last week, the death cross appeared and at the same moment we updated the previous yearly low. The potential downside target is $0.016. But everything can be limited to today's price and having traded the range, we will bounce up.
BITFINEX:XDCUSD
by Tropnik
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.
BITFINEX:XDCUSDLong
by Bitgolder
4
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.
BITFINEX:XDCUSDLong
by Bitgolder
6
XDC USD : BULLISH DIVERGENCE, DESCENDING CHANNEL = BREAKOUT!XDC XINFIN USD Is at the bottom of the descending channel, this I believe is the bottom for XDC. This is a major accumulation zone, and where I am accumulating. There is major bullish divergence on the MACD which indicated to me that a big move is incoming. I believe because we have had 5 or 6 touches in the channel that this channel is pretty much done and the breakout is coming now after this low of 3.5 cents. We may have one more wick down to 3 cents but I believe this correction is over and the breakout is coming, and the breakout is to the upside which I am verifying with the bullish Divergence on the MACD. Without this bullish divergence then it would be 50/50 to breakout out eh downside or the upside, but because of the bullish divergence on the MACD i am almost certain that this will bust out to the upside. This is a great area to accumulate in my opinion. This is not financial or trading advice this is just my opinion. if you find this content useful then please leave a like, comment, and follow me for more analysis and updates. Thank you
BITFINEX:XDCUSDLong
by Bitgolder
XDC XINFIN USD Falling Wedge & Bullish Divergence = Breakout!XDC looks like the bottom is in, maybe a few wicks down but overall the bottom is in and now its time for a breakout. The falling wedge is at its apex and there is nice Bullish divergence on the MACD with XDC setting lower lows while the MACD is setting higher lows. Something is coming and I believe its throughout the entire crypto space. I think the entire market is about to see a massive wave up thats going to leave 90% of people in the dust because they are bearish, but lets be honest this happens every single time. The market moves in the opposite direction as the crowd otherwise no one would get rich off the market and everyone would know when to buy and when to sell. This is not financial trading advice, this is just my opinion. Follow me for more updates and if you have any questions or opinions you would like to share then please leave them below. Thank you and good luck!
BITFINEX:XDCUSDLong
by Bitgolder
3