Price Predictions

XDC Network(XDC) Price Prediction May, June & July: Will XDC Coin Price Hit INR 10 by July?

XDC Coin Price

Key Takeaways

  • The XDC Coin price closed the previous day’s trade at INR 4.9393 with a market capitalization of INR 75.34 Cr and a circulating supply of 1231 Cr XDC tokens
  • The price just broke out of the parallel consolidation and attempting to validate the uptrend to test the higher highs
  • Yet the bears try to obstruct the rally but eventually may fail as the bulks appear to be self-assured of the bull run

XDC Coin Price Comparison Table

Crypto-Asset Start Month Price* Mid-Month Price* End Month Price* % Change*
XDC Network(XDC ) INR 4.38 INR 4.16 INR 5.27 +20.31%

* As of 30-April-2022 

Check out the Latest Prices, Charts, and Data of  XDC/INR.

XDC Network (XDC ) Technical Analysis at a Glance

The XDC Coin Price is swinging in between INR 3.52 and INR 5 for quite a long time as it accumulated significant gains. However, as the monthly close approached, the XDC price quickly jumped into action gaining more than 27%. The bears appear to have been activated presently but may not hinder the rally as the bulls are poised to uplift the price above consolidation.

Short-Term The XDC price has reached its peak and hence it may face small exhaustion dragging the price within the parallel consolidation again
Mid-Term The assets appear to have completed the selling just now as buying volume has begun to accumulate. Therefore a significant upswing is fast approaching
Long-Term The price is attempting very hard to breach through the parallel consolidation and may do so shortly

Technical Indicators & Pivot Levels

Technical Indicators

Technical Indicators Value(1D / 1M) Action (1D / 1M)
Relative Strength Index(RSI) 71.56 / 56.58 Buy / Buy 
MACD(12,26) 0.002 / 0.017 Buy / Buy
Average Directional Index(ADX) 28.39 / 42.49 Buy / Neutral
Bull-Bear Power 0.0162 / -0.0116 Buy / Sell

Pivot Levels

Pivot Levels Short-Term Mid-Term Long-term
Moving Average(MA)-50 INR 4.29 INR 6.44 INR 1.66
Moving Average(MA)-200 INR 5.59 INR 1.7  INR 0.41
Resistance INR 6.55 INR 8.16 INR 9.65
Support INR 4.08 INR 3.77 INR 3.32

Oscillators

Oscillators Short-Term Mid-term Long-Term
Stochastic Oscillator 39.44 63.303 0.000
Ultimate Oscillator 70.44 61.906 38.98
Average True Range(ATR) 0.0029 0.0082 0.0474
CCI 353.15  113.20 -11.66

XDC Network with the fresh breakouts flipped the bearish clouds hovering in the short-term and the mid-term. However, the long-term forecast is a bit shaky but a significant upswing may nullify this too. As the short-term & mid-term both are extremely bullish, the upswing may be continued. But the asset is highly volatile in the short-term and hence huge variations may be expected during the monthly close. 

On the other hand, steady growth may be imminent as the asset’s strength is pretty high with less volatility. And hence the current month’s close may decide the upcoming price movement as the traders may lookout for a short-term & profit causing a notable price drain. 

Additional Read: BNB Coin Yearly Price Prediction 

XDC  Price and Technical Analysis for April, May,June,July

XDC Coin Price

Source: Tradingview

  • After the gigantic fall in the first few days of 2022, XDC traded within range-bound levels from the past couple of months.
  • However, after ranging within the middle bands of the parallel channel for a pretty long time, the XDC price broke out of consolidation.
  • Currently, the price is attempting hard to validate a breakout and a breach through 200-day MA levels may ignite a rally towards the immediate highs at INR 6.55 until the end of May.
  • Further in June, the price is expected to break out but may not reach the pivotal resistance at INR 8.16. On the contrary, a larger chance of a rejection close to INR 8 may haunt the rally.
  • Yet, the asset could stabilize well and re-start with an uptrend to slice through the important resistance and head towards a 2-digit figure by the end of July.

How to Invest in XDC Network Coin 

Buying or selling on CoinDCX is extremely simple and safe, offering lucrative deals in the market. Just download the CoinDCX App on your smartphone and enter the required details. Once your details are verified, fund your wallet and buy an XDC token.

Investing in any of your desired assets is very easy and secure with CoinDCX’s Crypto Investment Plan(CIP). Here you get a chance to invest in your desired crypto in easy weekly instalments. Therefore, start investing in Bitcoin & other cryptos with Crypto Investment Plan now!

Read recent price predictions on:

  1. Solana Price Prediction Weekly
  2. Dogecoin Price Prediction Weekly

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

Share this Story

Check Also

Klaytn Price Prediction May, June & July: KLAY Price Aims to Reach INR 100, Yet Could Be Capped Below INR 60

The Klaytn price is expected to have a roller coaster ride within the immediate resistance and support levels to end the monthly trade within a consolidated range

GET ALL LATEST UPDATES ON YOUR EMAIL