XDC Network Price Prediction 2022
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- The bullish XDC price forecast is $0.03331-$0.11182.
- XDC Network (XDC) the price may also rise to $0.15 soon.
- The bearish XDC price forecast for 2022 is $0.02375.
In XDC Network (XDC) Price Forecast 2022, we use statistics, price patterns, RSI, RVOL and much more information about XDC to analyze the future movement of the cryptocurrency.
The current market state of the XDC network
According to CoinGecko, XDC is trading at $0.028 with a 24-hour trading volume of $3,935,173 at the time of writing. However, XDC has gained almost 7.27% in the last 24 hours.
Additionally, XDC has a circulating supply of 12,305,012,699 XDC. Currently, XDC trades on cryptocurrency exchanges such as Bybit, XT.COM, KuCoin, Gate.io, and HitBTC.
What is XDC Network (XDC)?
The XDC Network is a business-friendly blockchain with a hybrid (public/private) architecture. The EVM-enabled network is equipped to meet the needs of companies looking to build or scale their infrastructure in the blockchain ecosystem. From interoperable smart contracts to frictionless payments, the XDC Network provides all the necessary resources to facilitate a variety of blockchain use cases.
XinFin mainnet token XDC and also create an opportunity to take advantage of XinFin’s real-world use case, such as TradeFinex.org, help small and medium enterprises or institutions to generate their own financial needs digitally, fully structured so that they can be distributed by banks or non-bank lenders themselves using a common distribution standard .
XDC network (XDC ) Price Prediction 2022
XDC Network is currently ranked 98th on CoinGecko. XDC price prediction 2022 is explained below with daily time frame.
The XDC Network (XDC) chart above showed a horizontal channel pattern, also known as a sideways trend. Horizontal channels are trend lines that connect fluctuating highs and lows in price to indicate how price has bounded between an upper resistance line and a lower support line.
Currently, XDC Network (XDC) is at $0.028. If the pattern continues, XDC price may reach the $0.0360 and $0.037 resistance levels. If the trend reverses, the price of XDC may drop to $0.025.
XDC network (XDC) support and resistance level
The chart below shows support and resistance levels for XDC.
From the daily time frame above, it is clear that the following are the resistance and support levels for XDC.
|Resistance level 1||$0.03331|
|Resistance level 2||$0.04638|
|Resistance level 3||$0.06838|
|Resistance level 4||$0.11182|
The charts show that XDC has risen over the past month. If this trend continues, XDC may go along with the bulls that will pass its resistance level at $0.111.
Thus, if investors turn against the crypto, the price of XDC may fall to almost $0.023, which is a bearish signal.
XDC Network Price Prediction 2022 — RVOL, MA and RSI
The XDC relative volume (RVOL) is shown in the table below. It is an indication of how the current trading volume has changed over a period of time from previous trader volume. Currently, XDC’s RVOL is below the cutoff line, indicating weaker participants in the current trend.
Additionally, the moving average (MA) of the XDC Network (XDC) is shown in the chart above. In particular, XDC price is below 50 MA (short-term), so it is fully in a downtrend. Currently, XDC is in a declining state. XDC’s trend will turn at any moment.
Meanwhile, XDC’s relative strength index (RSI) is at the level of 57.55. This means that XDC is not in an oversold or overbought state. However, this gives traders the confidence to trade without fear.
XDC Network Price Prediction 2022 – ADX, RVI
Now let’s look at XDC Network’s Average Directional Index (ADX). It helps measure the overall strength of the trend. The indicator is the average of the values of the expanding Price Category. This system tries to measure the strength of price movement in positive and negative direction using DMI indicators with ADX.
The chart above represents the ADX of the XDC network. Currently, XDC is in the area of 8.26, so it shows a weak trend.
From the chart above, XDC’s Relative Volatility Index (RVI). RVI measures the constant deviation of price changes over a certain period of time. XDC’s RVI is above the 50 level, indicating high volatility. In fact, XDC’s RSI is at the 57.55 level, confirming a potential buy signal.
Comparison of XDC with BTC, ETH
The chart below shows the price comparison between Bitcoin, Ethereum and XDC Network.
From the chart above we can identify the trend of ETH, BTC and XDC is moving at the same level with the trend. This shows that when the price of BTC rises or falls, the price of ETH and XDC will also rise or fall accordingly.
XDC Network (XDC) Price Prediction 2023
If the bearish price action slows completely and the trend reverses, XDC Network (XDC) may probably reach $0.30 by 2023.
XDC Network (XDC) Price Prediction 2024
After several updates to the network, the XDC Network (XDC) may be on the upswing. If the coin catches the attention of large investors, XDC could rise to $0.55 by 2024.
XDC Network (XDC) Price Prediction 2025
If XDC Network (XDC) maintains high resistance levels and continues to be recognized as a better investment option among investors over the next three years, XDC will rise to $0.76.
XDC Network (XDC) Price Prediction 2026
If XDC Network (XDC) maintains high resistance levels and continues to be recognized as a better investment option among investors for the next four years, XDC will rise to $0.89.
XDC Network (XDC) Price Prediction 2027
If XDC Network (XDC) maintains high resistance levels and continues to be recognized as a better investment option among investors over the next five years, XDC would reach $1.
XDC Network (XDC) Price Prediction 2028
If XDC Network (XDC) maintains a strong position as a better investment option for the next six years, it could see significant price rallies. Thus, by 2028, XDC would reach $1.10.
XDC Network (XDC) Price Prediction 2029
If investors pile in and continue to stake XDC Network (XDC), it would see major spikes. XDC may reach $1.6 by 2029.
XDC Network (XDC) Price Prediction 2030
With more progress in the XDC Network ecosystem, the crypto community may continue to invest in the XDC Network (XDC) for the next 8 years and see significant price rallies for the token. Therefore, XDC Network (XDC) may reach a value of $2.1 by 2030.
Thanks to the continuous improvement of the XDC Network, we can say that 2022 will be a good year for XDC. Hence, the rising price forecast for XDC Network in 2022 is $0.111. On the other hand, the bearish XDC price forecast for 2022 is $0.023.
Moreover, with the developments and upgrades in the XDC ecosystem, XDC’s performance would help it reach its current all-time high (ATH) of $0.192754 very soon. But it can also reach $0.15 if investors believe that XDC is a good investment in 2022.
XDC is the fuel code of the XinFin network. The XDC Network is a business-friendly blockchain with a hybrid (public/private) architecture.
XDC is listed on many crypto exchanges such as KuCoin, Gate.io, DigiFinex, FMFW.io, Bitrue.
With the continuous development and updates of the XDC platform, it has a high chance of reaching ATH soon.
On August 21, 2021, XDC reached a new all-time high (ATH) of $0.192754.
XDC Network (XDC) seems to be one of the most rising cryptocurrencies this year. Based on XDC’s performance in recent months, XDC is considered a good investment in 2022.
XDC Network (XDC) is one of the active cryptos that continues to rise. Finally, if this uptrend continues, XDC Network ( XDC ) will soon reach $0.15.
The price of XDC Network (XDC) is expected to reach $0.3 by 2023.
The price of XDC Network (XDC) is expected to reach $05 by 2024.
The price of XDC Network (XDC) is expected to reach $0.7 by 2025.
The price of XDC Network (XDC) is expected to reach $0.9 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It is not interpreted as investment advice. The NewsCrypto team encourages everyone to do their own research before investing.