XDC Network Price Prediction: 2024, 2025, 2030

XDC price prediction: Key highlights

1. Primary support and resistance levels

• Within the weekly time frame, $0.020 can likely be the lowest price floor.
• Conversely, $0.058 proved to be the highest resistance for the token. 

2. Market sentiment

• The XDC market is seen to be strongly bearish in September 2024.

3. Predictive forecasts

• According to forecasts from our AI/ML predictive algorithms, the average price of XDC is projected to reach around $0.090 by 2031 and $0.100 by 2035.

Stay informed on XDC’s growth trajectory via a comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

XDC price analysis: Price stabilizes under bearish reign

The XDC Network price prediction for 2024 can be determined by the token's fluctuating performance over the past year, with periods of both bullish rallies and bearish downturns that shaped its market trajectory.

The analysis commenced with the price remaining range-bound, repeatedly testing the highest yearly resistance at $0.058 while holding to $0.045 as a base. This sideways trend lasted for months as buyers and sellers tried to overpower each other.

As January ended, XDC bears managed to compromise the lower limit of the range. Nonetheless, as the broader market improved in late February, so did XDC. The token demonstrated resilience by reclaiming the latter by the following month.
 

Bulls elevated the price to retest the upper resistance to regain dominance. Nonetheless, the selling pressure was too intense for them to sustain. A substantial dump in early April put up $0.045 as a barrier again.

Notably, the bulls managed to halt the declines at $0.034. This level became a prominent bearish target and was flipped by mid-June. The downtrend continued, driving the token to its lowest observed floor at $0.025 by July.

The subsequent rally to recover was halted at $0.031. Thus, the declines resumed by the end of the month, returning the asset to its lowest support in August. Since then, the price has stagnated at this level. At the time of writing, the altcoin was valued at $0.026. According to CoinMarketCap, this represented a 54% depreciation over the last year.

How high/low can XDC go in 2024?
 

Given the current market dynamics, the likelihood of more declines is relatively high. If XDC fails to sustain itself above the current support, it can fall to a new low of $0.020. For a reversal to occur, bulls must overcome $0.031. With healthy buying pressure, the token can surpass the next barrier, allowing it to reach its peak resistance again.

Looking ahead, the predictive models project a sluggish growth trajectory for XDC. Milestones of reaching an average price of around $0.090 by 2031 and potentially $0.100 by 2035 underline the altcoin's challenging journey ahead.

XDC's 2024 roadmap: Key indicators to watch and trade

• The trading volume reflected the price’s ups and downs. Its predominant low state indicated a lack of investor activity.
• The Awesome Oscillator (AO) dropped below the zero line in late January and remained there until the analysis ended. At press time, the indicator was recorded at -0.01153, validating the strong bearish presence.
• The Bollinger Bands’ initial expansion was the aftermath of the candle's position over the upper band. However, it started to contract in late November. Meanwhile, the 20-week Moving Average (MA) mostly acted as resistance. The price briefly moved over it in November, between late December and early January, and between late March and early April.
• Since then, the candles have maintained proximity to the lower band, highlighting the prominent selling pressure.