XDC Price Prediction: Will XDC Network Go Up or Down?

2022/12/30By:

If you’re looking for the XDC price prediction and want to know where XDC Network (XDC) price will go in the future, you’re in the right place. In this article, we will explore the XDC price history and technical analysis, and dive into the future XDC price prediction 2025, 2030 that is made as of 30 December 2022.

 

Before we start with the XDC price prediction, let’s dive into the coin’s overview.

 

XDC Overview

Cryptocurrency XDC Network
Ticker Symbol XDC
Rank 81
Price $0.025860
Price Change 24H 0.13%
Market Cap $318,201,477
Circulating Supply 12,305,012,699 XDC
Trading Volume $2,393,516
All Time High $0.1939
All Time Low $0.0001571

 

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What is the XDC network?

The XDC Network is a blockchain that forked from Ethereum (ETH) and is designed to give businesses the chance to create their own networks. The blockchain has joined the many “Ethereum killers” that aim to escape the problems, such as slowness and cost, that had an impact on the original chain.

 

It uses a delegated proof-of-stake (POS) consensus mechanism that produces blocks more efficiently. XDC Network boasts on its website that this has allowed it to process more than 2,000 transactions per second and keep a minuscule gas fee.

 

Explaining the blockchains features, its documentation said:

 

“Featuring interoperable smart contracts, 2,000 transactions per second, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable infrastructure for enterprises and independent community contributors.”

 

Ritesh Kakkad and Atul Khekade are the Singaporean co-founders behind the network, which was originally known as XinFin Network. Kakkad previously co-founded the cloud-hosting company IndSoft Systems in 1998. Khekade graduated with a degree in IT at the Sardar Patel College of Engineering in India and founded a range of startups, such as the private jet service company Airnetz.

 

XDC Price History

 

Let’s now cast our eyes over the XDC price history. While past performance should never be taken as an indicator of future results, knowing what the coin has done in the past can give us some very useful context when it comes to either making or interpreting an xdc network price prediction.

 

The XDC token had a tough start to its price history. It launched at $0.002 on 13 April 2018 and fluctuated around this launch price for the next three years.

 

Not until February 2021 did the cryptocurrency see its first breakout. It rallied to a peak of $0.14, which came after the XDC coin announced a bridge to the cryptocurrency Corda Network. XDC subsequently became the leading token of value on Corda.

 

XDC came close to that high again on 4 July when it hit $0.12. This happened during the lead up to the token’s listing on the BitMart exchange with a tether (USDT) pairing.

 

The following month it surged to its all-time high of $0.19 on 21 August. XDC had recently become the first blockchain company to join the global TFD initiative. This was an organisation created to improve automation and transparency in the trade asset industry by the ITFA.

 

After this price record, XDC crashed along with the wider bearish crypto market. Aside from a slight rally on 1 January 2022 past $0.10, it continued falling throughout the new year as a series of market crashes saw it fall to a low of $0.02236 on 30 June. There was then a small recovery, and the coin enjoyed prices above $0.03 in July and August, but things fell down again in the autumn.

 

XDC suffered in the wake of the collapse of the FTX (FTT) exchange, falling to a low of $0.02032 on 7 December, but it made something of a recovery to $0.025860 on 30 December.

 

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XDC Price: Technical Analysis

XDC made a significant price change in November, reaching a high of around $0.031119. XDC coin has since retraced to the current price of $0.025860, which served as critical support for the month. XDC is up more than 10% in the last 30 days, emerging as the top 10 performers of the month in the entire crypto market.

 

 

However, many of the moving average lines are still bearish in the last 24 hours despite the positive outlook of the cryptocurrency in the last month. The SMA 10 crosses above the SMA 20, while the SMA 30 crosses above the SMA 50. This indicates the market might shift into a bullish sentiment in the near term. The current support levels are seen at $0.0250 and $0.0230. On the other hand, the key resistance level which needs to be broken to validate the bullish trend is $0.03074.The next major resistance is near the $0.0316 level, and the price could start a strong upward move toward the $0.0350 level.

 

 

XDC has traded in a range of $0.026 to $0.03119 in the last month November, with prices currently testing the $0.025 level, and it has stagnated for the last few weeks. A break out of this level in any direction is imminent as bears and bulls battle for price control, Moreover, it seems the bears are running out of steam as they have not been able to push prices any further downwards. We may expect the bulls to capture the market as the price is approaching the major resistance level of $0.0300.

 

The bearish market sentiment, however, remains as the Relative Strength Index line is currently residing at 38 levels, an almost oversold region. The MACD line is well placed below the red signal line, indicating a complete bearish cycle. However, bulls might gain the upper hand and push prices to the recent highs of $0.03063 that were seen in mid-September.

 

 

In addition, the price of XDC is currently below the 200-day simple moving average (SMA). According to the technical indicators, XDC 200-day SMA will fall during the next month. Since January 2, 2022, the 200-day SMA has been indicating a SELL signal.

 

XDC Coin Price Prediction

We’ve covered most of the important things you need to know about xdc network before considering its price prediction, as well as the detailed market analysis, history price data and xdc technical analysis. If you are really interested in investing in the coin, this is the time to be more attentive.


 

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XDC Crypto Price Prediction 2023

XDC Network (XDC) has established a fast, reliable network and works with the product’s user experience. These features can help the XDC coin gain a much higher price of $0.0879 as the team develops its products and receives mass adoption.

 

XDC Network Price Prediction 2024

Quite a few crypto predictions are going forward for the XDC token. There are predictions based on its price momentum and historical data, the future price of a coin may cross the $0.0944 mark. The favor has been done by majorly security and scalability features.

 

Although the cryptocurrency markets are entirely unpredictable, it would perhaps take a miracle for XDC Network to increase its price by that much in such a short amount of time. So, going back to the above pricing prediction of around $0.0944.

 

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XDC Price Prediction 2025

Considering they keep up momentum garnering a significant market cap, their initiatives focusing on education, outreach, and innovations may reflect a bullish sign and take it to an appreciable maximum level of around $0.124561. At the same time, the minimum and average prices are expected to be $0.110721 and $0.116257.

 

XDC Price Prediction 2030

Our advanced price prediction algorithm has determined that XDC Network may end the year 2030 at a maximum price of $0.252233 with a minimum price of $0.220318. The average price that XDC may see in 2030 could be around $0.23627.

 

FAQs


Is XDC a good investment?

Based on the latest news, market data, and exchange chart, it can be predicted that it is profitable to invest in XDC Network (XDC) for the long term. The market capitalization and trading volume are both increasing, which is a bullish sign for future results.

 

Furthermore, the XDC coin’s future looks bright as more people begin investing in cryptocurrency. Overall, XDC seems like a good investment due to its low transaction fees and the possibility of high returns.

 

Will XDC coin go up or down?

No one can really tell right now. While the likes of AMBCrypto are bullish in their assesment of a future XDC price, the likes of WalletInvestor are far more downbeat. Just as the coin has a high chance of gaining value in the future, there is a chance that it will lose value over time. Keep in mind that price predictions very often end up being wrong, and that prices can, and do, go down as well as up.

 

How much will XDC crypto be worth in 5 years?

Based on the rising popularity of cryptocurrency and XDC Network, a long term investment in XDC could see the price rise to $0.179921 within the next 5 years.

 

How much will XDC coin be worth in 10 years?

If you invest in XDC Network today, as with any investment, a long term increase is expected. The price of XDC could possibly rise to $0.323858 within the next 10 years.

 

Where can I buy XDC Network (XDC)?

All esteemed exchanges have XDC coin on their portfolio. You also tend to benefit from trading XDC directly for fiat currencies like USD, EUR, GBP, etc., or other cryptocurrencies on many exchanges. Investors can also benefit from the block rewards program on XDC. However, traders should always conduct their own research before making any investment decision.

 


 

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