- XDC Network is holding close to the $0.050 mark.
- XDC’s daily trading volume stands at $32.86 million.
With the fear hanging around the crypto market, some of the tokens are attempting to escape the bear hold, while a few are stuck in the red. As of today, the largest asset, Bitcoin (BTC), hovers at $88.3K, and Ethereum (ETH), the largest altcoin, trades near $2.9K. Meanwhile, XDC Network (XDC) has posted a 0.88% drop in value.
The asset opened the last day of 2025, trading at a high of $0.05109. With the bears taking control over the XDC market, the price has plunged to a bottom level of $0.04983. At the time of writing, XDC Network trades at $0.05016, with its daily trading volume reaching the $32.86 million mark after a brief loss.
Moreover, XDC has gained over 5.20% in the last seven days. The asset began the week trading on the downside, at around $0.047. After testing and breaking multiple ups and downs, the price action has managed to climb to the $0.052 level, without slipping back to the former lows.
Will Bears Keep XDC Network in Check?
Zooming in on the 4-hour trading pattern of XDC Network reveals a bearish trend, with the key support located in the $0.04936 range. Further downside correction could trigger the emergence of the death cross, and the bears would send the price below $0.048.
On the flip side, the bullish pressure could push the XDC Network price up toward the $0.05127 resistance level. A potential breakout on the upside will invite the golden cross to take place, and gradually, the bulls will drive the price to a high above $0.052.
XDC Network’s Moving Average Convergence Divergence line is found below the zero line, which indicates bearish momentum. As long as MACD stays below zero, it favours the continuation of the downtrend, unless a bullish crossover appears. Besides, the Chaikin Money Flow indicator is at -0.09, suggesting mild selling pressure in the XDC market. The capital is flowing out; while it is not extremely bearish, it leans negative unless CMF moves back above zero.
The Bull Bear Power (BBP) reading of -0.00058 implies that bears have a slight dominance. As the value is very close to zero, it hints at weak momentum and indecision, not strong selling pressure. The price of XDC could turn either way unless a clear push from bulls or bears emerges. XDC Network’s daily Relative Strength Index (RSI) at 48.76 signals a neutral market, showing neither overbought nor oversold conditions. A move above 50 builds bullish momentum.
Top Updated Crypto News
2026 Fed Rate Cuts Seen as Key to Retail Crypto Comeback
Source: https://thenewscrypto.com/xdc-network-momentum-test-will-it-break-resistance-or-slip-back-to-lows/
