XDCUSDT trade ideas
XDC - it is time!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $0.15 round number, XDC has been in a correction phase trading within the falling channel marked in red.
Currently, XDC is rejecting the lower bound of its rising broadening wedge in blue.
🏹 For the bulls to take over again, and start the next impulse movement upward, a break above the $0.1 round number is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
XDC Network a perfect cup&Handle!XDC give some sign of growth.
Here we are in a growing industry, with a coin well positionated in a technical way.
The XDC Network is a blockchain developed to support trade finance and the tokenization of real-world assets (RWAs). An EVM-compatible blockchain, XDC Network utilizes a state-of-the-art Delegated Proof of Stake (DPoS) consensus engine to provide high-level security, fast transaction times and improved scalability.
With this in mind we have the price which has broken the 0.1$ barrier and in a matter of one day it has reached 0.14$, demonstrating a "non-everyday" strength in his price structure...
We have set some possible potential targets around 0.3$ and 0.5$ but if the volumes will sustain the grow then we will see this coin going at the level of Mantra.
what do you think?
Good trading!
XDC - Short term gains opportunity XDC has blown up from 2-3 cents to 8-10 cents it hit a peak of 0.107. It dropped down to 0.8 and it hit a D period fair value gap this is a perfect buying opportunity for a long position.
XDC has been following the path of XRP but the market cap and trading volume has been very low, when this coin catches on i think we could just this up to around 13-17 cents in the upcoming alt coin season.
4H Bullish Channel $XDCThe NASDAQ:XDC token is currently trading within a bullish channel on the 4-hour timeframe, signaling a period of consistent upward momentum. This pattern is characterized by higher highs and higher lows, suggesting strong market support and growing investor confidence.
Key resistance is observed near the upper boundary of the channel, acting as a potential target zone for bullish traders. Meanwhile, the lower boundary provides dynamic support, offering potential entry points for those looking to capitalize on pullbacks within the trend.
Volume analysis also indicates an increase during upward movements, further validating the bullish sentiment. Traders should monitor the channel’s boundaries closely for potential breakout scenarios, as a breach could signal a stronger trend continuation or reversal.
The NASDAQ:XDC token remains one to watch as it navigates this optimistic trajectory in the 4H chart.
XDC Network | XDC The price of XDC Network is $0.059 today with a 24hour trading volume of 19 million dollar. This represents a 24% price increase in the last 24 hours and a 72% price increase in the past 7 days. With a circulating supply of 14 Billion XDC, XDC Network is valued at a market cap of 822 million dollar.
As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 93% in just two weeks, impressing traders and investors with its massive rise.
The altcoin’s ascent over the past 30 days has been remarkable; it has seen a substantial 56% increase, solidifying its place as one of the market’s most exciting digital assets. The altcoin has demonstrated its strength by trading at a startling 100% premium over its January opening.
XDC Network is a blockchain platform for businesses and developers who want to build decentralized apps on an efficient and scalable blockchain infrastructure.
The platform is built on an enhanced Ethereum codebase and is compatible with the Ethereum Virtual Machine.In order to attain the target price of $1, analysts predict that the value of the XDC token will increase by a factor of about 24. This suggests a big potential for growth and offers a chance for investors looking for significant returns.
XDC has previously shown significant price appreciation. From its lowest price of $0.050 in June 2021, the token’s value increased by slightly more than three times in just two months.
In August 2021, XDC reached its highest recorded price of $0.18 thanks to this outstanding performance. Such a sharp price increase demonstrates the token’s intrinsic volatility and ability to provide substantial returns in a short amount of time.
A total of 37,705,012,600 XDC coins are available, with a circulating supply of 13,851,401,350 and a market cap of $812 million for XDC.This year, the token has boomed, reaching a high of $0.050 before turning erratic, with periodic upward and downward movements. A 10% increase would allow XDC to test its 2023 highs again.
Meanwhile, the blockchain project’s collaboration with the Japanese cryptocurrency trading firm SBI VC Trade to sponsor WebX 2023 coincides with the token’s price increase.
Users of the XDC network anxiously anticipate an upcoming event that will reveal cutting-edge innovations, open doors to exciting possibilities, and enable interactions with influential personalities in the business.
The XDC community is brimming with anticipation for the network’s bright future, and this excitement has driven the network’s price higher over the past week.
XDC/USDT Major trend. Wedge + trend fan.Main trend. Time frame 1 week. Idea for trend work and orientation of dynamic support/resistance reversal zones in the future.
The cryptocurrency is indirectly related to XRP infrastructure. Very HYIP cryptocurrency in the past cycle of 2021 highs. Pumped up tens of thousands of percent when the instrument went public on liquid exchanges. Situation now at 12 05 2024.
Local trend and reversal zone now.
Is XDC Turning Bullish?Preface:
Between July 12th and August 3rd, 2023, XDC made 259% upside. This remarkable growth was achieved in bear market conditions. The fact that XDC achieved such a price increase quickly led me to believe that XDC will outperform most altcoins in the bull market. Alas, XDC did not meet my expectations.
XDC Relative to TOTAL 3:
A comparison of the TOTAL 3 Chart and XDC’s Chart between July 13th, 2023, and March 13th, 2024, shows that XDC underperformed relative to the altcoin sector.
In the period I mentioned above, the TOTAL 3 chart made a 125% increase. XDC made a 77.4% increase.
Conclusion: from an investor's point of view and, in hindsight, XDC did not prove to be a good investment.
XDC’s Future Prospects:
Regardless, past performance is not necessarily indicative of future performance. XDC is a fundamentally sound project, and I am sure it will make up for lost progress in the future.
From a trader’s perspective, XDC presents an opportunity because liquidity is to the upside.
XDC’s price is above the weekly PoC, and if it can get above the resistance at 0.588, which is also a high-volume node, an increase to the 10-cent level is likely.
Trade Opportunities:
Currently, I don’t have a setup for XDC. However, a successful retest of the PoC at 0.0522 could provide a favorable entry. A break above 0.0588 and a retest could also be a long entry. The target in both cases is 10 cents.
I am reluctant to set targets above 10 cents until XDC proves bullish.
NFA
What do you think?
Please share in the comments
When will XDC wake up?Another one of my favorite ISO20022 Coins is XDC. XDC looks to take a bite out of cross-border payments.
Here we see XDC lagging behind its sister tokens such as XRP and XLM for a breakout, but I'm hopeful this one correlates back to tXRP and XLM's patterns. I've laid an old bars pattern of a prior breakout of XDC over this one to show the potential for a breakout of this token. I'm hopeful for a good summer and a great fall with this token.
XCD could see a reboundAfter August's high above 0.9, KUCOIN:XDCUSDT started to drop, losing more than half of its value.
However, at this moment the coin is sitting on an important confluence support and a rebound could be next.
My target for this rebound is 0.615 recent high and considering a tight stop loss, a 1:3 risk: reward trade could be found for this coin.
XDC/USDT Gearing up for a Bullish Rally? 👀🚀XDC Analysis 💎Paradisers, let's zero in on #XDCUSDT, as it's showing potential for a notable move from a vital demand level.
💎#XDCMainnet is on an upward path, indicating a possible bullish breakout from its current demand zone. We're looking at a potential retest of the demand level at $0.043, in anticipation of the major supply zone just ahead. If #XDC holds above this threshold, it might set the stage for an ascent toward the major supply zone at $0.057.
💎However, if #XDC encounters difficulty in sustaining its position above the support level, we may need to reassess our trading approach. In such a scenario, we would consider initiating a bullish movement from a lower bullish Order Block (OB).
💎It's essential to keep a vigilant eye on this level, as a break below it could initiate a substantial bearish trend.
💎Stay sharp and flexible, Paradisers. Your ParadiseTeam is on hand to provide the most current insights and strategic outlooks, ensuring you're equipped to adeptly navigate these market developments.
XDCUSDTXDCUSDT
KUCOIN
This currency is due to the growth of Bitcoin and Ethereum
This currency also grew
Entry point 1
0.04398
0.4135 stops
Entry point 2
0.03350
Stop 0.03180
The XDC network has its own native token called XDC. Xinfin digital currency (XDC) is a utility token based on the XDC hybrid blockchain. This token is built as a currency for dApps transactions and runs on the XDC hybrid blockchain. Currently, XDC token can be purchased from various exchanges such as KuCoin, Bittrex, Bitrue and Bitfinex.
XDCPay is a browser plugin that helps users access XDPoS enabled dApps. This program does not need to run a full XDC node to access dApps built on the XDC platform.
XDCPay supports various browsers such as Google Chrome, Opera and Mozilla Firefox and various Chromium browsers such as Chromium dApp browser and Brave. Some of the facilities and features of XDCPay are:
Add functional account information;
Change account and digital currency network;
Send and receive tokens (XDC);
searching and adding tokens;
Backing up the recovery statement.
XDC – Looks Ready to GoSince the last impulse and high of 9.3 cents on August 4th, 2023, XDC was in a correction.
XDC retraced to 0.618 fib level, which is also a S/R level and the 200D EMA.
It looks like XDC found support and it is gearing up for another impulse up.
My overall target for this leg up is between 10.33 cents to 11.09 cents.
A breakout above the 50D EMA and a retest could be a long trigger.
Second trigger for a long is a daily close above 0.05397 which will constitute a bullish ChoCh.
Trade Idea No. 1:
• Entry: 0.05
• SL: 0.046
• Target:0.104
• TP: 0.07, 0.104
• R: R: 1:5 to first TP
Trade Idea No. 2:
• Entry: 0.054
• SL: 0.048 (below the 21D EMA)
• Target:0.104
• TP: 0.07, 0.104
• R: R: 1:2.95 to first TP
NFA.
What do you think? Please share in the comments.
Best Wishes.
X for XinFin ⚔️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🚀 Following a 175% surge in July / August , XDC has been in a correction phase for the last couple of month.
However, XDC is currently approaching a strong support zone around 0.04 marked in blue.
📈 For the bulls to take over again and start the next impulse upward, we need a break above the last major high in red around 0.055
📉 Meanwhile, XDC would be bearish and can still test the blue support where we will be looking for new short-term buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
