XDC Price Drop Incoming? Major Token Unlock Ahead!

The XDC Network (XDC) is currently trading at $0.06540, with a 24-hour trading volume of $46.49 million. Over the past day, XDC has declined by -6.58%, while the past hour has seen a -0.51% drop.

Despite the recent dip, XDC has shown impressive long-term performance, rising 41,526.71% from its all-time low (ATL) of $0.000157 on June 20, 2019. However, it remains -66.27% below its all-time high (ATH) of $0.1939 recorded on August 21, 2021.

Read XDC Price Prediction for more detailed insights 

Market Indicators & Moving Averages

Short-Term and Medium-Term Trends

  • The 5-day and 20-day Simple Moving Averages (SMA) indicate a bearish crossover, signaling negative short-term price momentum.
  • The 20-day and 50-day SMAs also show a bearish trend, suggesting potential weakness in the medium term.
  • The 50-day SMA is at $0.09252, while the 200-day SMA is at $0.06113, offering a broader market perspective.

Key Insight: A sustained move above the 50-day SMA could indicate a trend reversal, while a drop below the 200-day SMA may signal further downside pressure.

Also Read: Ethereum Classic Price Prediction 2025, 2026 – 2030

Impact of Upcoming Token Unlock

One major event that could influence XDC’s price is the release of 841.18 million XDC tokens. Token unlocks typically increase supply, which can lead to price drops if demand doesn’t match the new supply.

What Investors Should Watch For:

✔ Potential Sell-Off: Existing holders might sell, fearing a price decline.
✔ New Buying Opportunities: A lower price could attract new investors.
✔ Market Sentiment & News: If positive developments accompany the unlock, demand may balance the increased supply.

Final Thoughts

XDC Network is at a critical price level, with short-term bearish momentum but long-term growth potential. Investors should closely monitor key support and resistance levels, market trends, and the upcoming token unlock event.

Would you consider buying XDC at a lower price, or do you expect further downside? Stay updated and make informed decisions!

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