XDC Network’s slip below the $0.09 mark has sparked renewed debate over whether this decline is a warning sign or an entry point for a rebound. With analysts pointing to a possible 30% upside, traders are watching closely to see if XDC can regain momentum and break through key resistance levels. This analysis examines the current setup and what it could mean for XDC’s recovery prospects. XDC Network's Current Price Shows Mixed Signals, Potential for Growth Source: tradingview XDC Network is trading between eight and nine cents. Recently, it declined by nearly 10% over a week and over 18% in the past month. It's a little below its 100-day average, hinting at a slow market. If it breaks past its nearest resistance, it could aim for about ten and a half cents, rising over 20% from the lower range. The coin has strong support around seven and a half cents. Its Relative Strength Index and Stochastic numbers suggest it's neither overbought nor oversold. Overall, XDC Network needs to climb past its resistance to show stronger growth potential. Conclusion Despite recent losses, XDC Network’s solid support near $0.075 and upside target around $0.105 suggest room for a recovery if buying pressure returns. Technical indicators show the coin is in neutral territory, leaving space for a bounce without being overheated. If XDC manages to break past resistance, the projected 30% rebound could materialize, positioning it as a notable contender for short-term gains. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
