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XDCUSDT trade ideas

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.
by moonypto
13
Is XDC Turning Bullish?Preface: Between July 12th and August 3rd, 2023, XDC made 259% upside. This remarkable growth was achieved in bear market conditions. The fact that XDC achieved such a price increase quickly led me to believe that XDC will outperform most altcoins in the bull market. Alas, XDC did not meet my expectations. XDC Relative to TOTAL 3: A comparison of the TOTAL 3 Chart and XDC’s Chart between July 13th, 2023, and March 13th, 2024, shows that XDC underperformed relative to the altcoin sector. In the period I mentioned above, the TOTAL 3 chart made a 125% increase. XDC made a 77.4% increase. Conclusion: from an investor's point of view and, in hindsight, XDC did not prove to be a good investment. XDC’s Future Prospects: Regardless, past performance is not necessarily indicative of future performance. XDC is a fundamentally sound project, and I am sure it will make up for lost progress in the future. From a trader’s perspective, XDC presents an opportunity because liquidity is to the upside. XDC’s price is above the weekly PoC, and if it can get above the resistance at 0.588, which is also a high-volume node, an increase to the 10-cent level is likely. Trade Opportunities: Currently, I don’t have a setup for XDC. However, a successful retest of the PoC at 0.0522 could provide a favorable entry. A break above 0.0588 and a retest could also be a long entry. The target in both cases is 10 cents. I am reluctant to set targets above 10 cents until XDC proves bullish. NFA What do you think? Please share in the comments
Long
by NewThoughtCrypto
2
XDC/USDT Gearing up for a Bullish Rally? 👀🚀XDC Analysis 💎Paradisers, let's zero in on #XDCUSDT, as it's showing potential for a notable move from a vital demand level. 💎#XDCMainnet is on an upward path, indicating a possible bullish breakout from its current demand zone. We're looking at a potential retest of the demand level at $0.043, in anticipation of the major supply zone just ahead. If #XDC holds above this threshold, it might set the stage for an ascent toward the major supply zone at $0.057. 💎However, if #XDC encounters difficulty in sustaining its position above the support level, we may need to reassess our trading approach. In such a scenario, we would consider initiating a bullish movement from a lower bullish Order Block (OB). 💎It's essential to keep a vigilant eye on this level, as a break below it could initiate a substantial bearish trend. 💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is on hand to provide the most current insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market developments.
Long
by MyCryptoParadise_Simon
6
XDCUSDTXDCUSDT KUCOIN This currency is due to the growth of Bitcoin and Ethereum This currency also grew Entry point 1 0.04398 0.4135 stops Entry point 2 0.03350 Stop 0.03180 The XDC network has its own native token called XDC. Xinfin digital currency (XDC) is a utility token based on the XDC hybrid blockchain. This token is built as a currency for dApps transactions and runs on the XDC hybrid blockchain. Currently, XDC token can be purchased from various exchanges such as KuCoin, Bittrex, Bitrue and Bitfinex. XDCPay is a browser plugin that helps users access XDPoS enabled dApps. This program does not need to run a full XDC node to access dApps built on the XDC platform. XDCPay supports various browsers such as Google Chrome, Opera and Mozilla Firefox and various Chromium browsers such as Chromium dApp browser and Brave. Some of the facilities and features of XDCPay are: Add functional account information; Change account and digital currency network; Send and receive tokens (XDC); searching and adding tokens; Backing up the recovery statement.
Long
by mohammadtreder1982
XDC – Looks Ready to GoSince the last impulse and high of 9.3 cents on August 4th, 2023, XDC was in a correction. XDC retraced to 0.618 fib level, which is also a S/R level and the 200D EMA. It looks like XDC found support and it is gearing up for another impulse up. My overall target for this leg up is between 10.33 cents to 11.09 cents. A breakout above the 50D EMA and a retest could be a long trigger. Second trigger for a long is a daily close above 0.05397 which will constitute a bullish ChoCh. Trade Idea No. 1: • Entry: 0.05 • SL: 0.046 • Target:0.104 • TP: 0.07, 0.104 • R: R: 1:5 to first TP Trade Idea No. 2: • Entry: 0.054 • SL: 0.048 (below the 21D EMA) • Target:0.104 • TP: 0.07, 0.104 • R: R: 1:2.95 to first TP NFA. What do you think? Please share in the comments. Best Wishes.
Long
by NewThoughtCrypto
X for XinFin ⚔️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 🚀 Following a 175% surge in July / August , XDC has been in a correction phase for the last couple of month. However, XDC is currently approaching a strong support zone around 0.04 marked in blue. 📈 For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055 📉 Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
3
XDC Price Prediction & Long EntryPrice Prediction: My friends I caution you in advance. This price “prediction” is super speculative. Regardless, it reflects what may happen if the current trend repeats. The Cup and Handle pattern timeframe is usually not more than six months. The principle behind the Cup and Handle is a parabolic move, correction, parabolic move. From this perspective, I think it also fits the pattern of a bull run, bear market correction, a recovery phase, and another bull run. The proportions of XDC’s USD chart support a cup and handle only on the log chart. I’m a TA. I don’t use Fundamentals. Having said that, if XDC’s price comes close to my prediction, we’re looking at multiple Xs. XDC/BTC The XDC/BTC chart is also showing a Cup and Handle. XDC broke through a diagonal resistance at 143 on July 18th, 2023. XDC broke out of the range-high at 214 on July 30th. If XDC flips the range high to support, it is good for continuation to 391, which is the ATH and the completion of the cup. The final target for this pattern is 1367. Remember, this is highly speculative. TA is an art, not a science. Some patterns succeed , others don't. We are driving forward while using the rear mirror for directions. My Take: I think that allocating some small part of my long-term portfolio to XDC is worth the risk. Long Entry: XDC is a bit oversold on the weekly and 3D timeframe. It had a very nice uptrend and now it is retracing some of these gains. I will ladder into XDC beginning at the 0.382 fib at 0.0605 USDT. My preferred price for entry is at the 0.5 fib at 0.053 USDT. Note, the RSI support is at the 40 level. I expect it will hold the 40 and continue up. NFA. What do you think? Please share in the comments. Best Wishes.
Long
by NewThoughtCrypto
10