Token Network XDC currently stands at a critical turn that can determine the price course. According to the Crypto Leo NAF analyst, the distinctive symbol entered what he describes as a “selection stage”. This is the point in which the market will decide between the upscale or declining direction in the medium term.
Note NAF In an analysis posted on X:
“The XDC scheme is now in the mid -term climbing or decline phase. New ATH will make $ xdc up. Permanent closure below Red Box will be declining.”
Looking at the XDC/USDT graph for 4 hours, we can see that XDC has ride in a strong upward trend since October. The symbol reached 0.15 USDT before the decline experience The current price is 0.07871 USD. The price is now unified in a decisive support area between 0.075 and 0.085 USD, which has been marked as a red box on the chart.
The main level to see the xdc price
This support zone seems important as multiple “purchase” signs have emerged near this level. This indicates that merchants view this field as an important accumulation opportunity. It should be noted that Xdc witnessed a sharp decrease in February, but soon recovered within this red area itself, which confirms its importance.
Technical indicators offer a mixed but promising image. The price is currently interacting with the different moving averages, which can indicate the formation of a new direction. At the same time, RSI and Random indicators They showed great fluctuations, however they offer possible repercussions from excessive areas of the peak.
Additional technical tools, including the Ichimoku cloud and different directional lines, indicate the price pressure – a position often precedes a great outbreak in either direction.
A possible scenario for xdc price
The market is now facing a clear scenario. In the upscale case, if Xdc can adhere to the critical support level, we may see a new boost to the last local height at about $ 0.15 and beyond.
Also read: Litecoin (LTC) Price Breakout: See this main level of a large crowd
On the contrary, if the price is constantly closing less than the support level of $ 0.075, it will indicate a shift towards the low market structure, which may lead to more declines.
At the present time, it appears that Xdc is in a neutral unification stage to a little climb, as buyers actively defend the red support area. If this support continues and prices bounce, we may see another attempt to reach new levels. However, a final break below this area can lead to additional sale pressure.
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