- XDC price rose 12.31% in 24 hours, approaching $0.10 after trading between $0.066 and $0.080.
- XDC Network recorded an intraday high of $0.9870 with a market cap of $1.46 billion.
Bitcoin’s recent recovery above the $99K zone has sparked renewed optimism in the cryptocurrency market. As BTC rebounds, altcoins are showing signs of life, with several tokens experiencing notable gains. One such altcoin, XDC Network (XDC), has caught the attention of investors, registering an 12.31% increase in price over the past 24 hours.
After several weeks of trading within the $0.066 to $0.080 range, XDC is now approaching its yearly high of $0.10, which was recorded on 11th December. At the start of January 6, XDC was trading around $0.09870 but saw a brief dip to $0.093. However, the altcoin quickly recovered to $0.098, signaling a positive shift.
The XDC Network’s recent surge was triggered by several key factors, including its successful XDC 2.0 upgrade and strategic partnerships. Notably, XDC partnered with the ArchaX platform to focus on real-world asset (RWA) tokenization. Additionally, the collaboration with R3 has made XDC an approved settlement token on the Corda platform, enhancing its utility and adoption in enterprise solutions.
XDC Price and Market Overview
Since the start of 2025, the overall crypto market has turned bullish, which has further propelled bullish candles in XDC. Currently, XDC is priced at $0.09806 and holds a market cap of $1.46 billion. Additionally, the daily trading volume climbed 12.5% in the last 24 hours to $66.72 million. Zooming in, its weekly chart shows that XDC has climbed over a 33% increase, further validating its price recovery.
Analyzing XDC’s technical indicators shows bullish optimism. The XDC price recently crossed over its 21-day Hull Moving Average (HMA) value of $0.097342. Additionally, XDC’s price is trading above the Ichimoku Cloud, indicating strong bullish momentum. Furthermore, XDC’s RSI value is at 73, suggesting the token is in the overbought zone. While this indicates strong buying pressure, it also signals the potential for a slight correction or consolidation soon.
These factors indicate a bullish trend for XDC in the coming days if it sustains current positive momentum. If so, XDC’s next target is $0.10, which is a psychological resistance level. A break above this could push the price toward $0.13, potentially marking a further extension of the upward trend to $0.15 or even $0.02. However, key support levels at $0.09042 and $0.085 will be crucial in maintaining its upward trajectory.
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