Friday, December 2, 2022
 

XDC Network (XDC) Price Prediction: Will XDC Reach $0.1 in 2022?

  • Bullish XDC price prediction ranges from $0.034 to $0.080.
  • XDC price might also reach $0.1 this 2022.
  • XDC’s bearish market price prediction for 2022 is $0.021.

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

XDC investors are bullish on the token since it has had a return on investment (ROI) of over 192 times in the past three years. The crypto bubble 2021 led to an increase in the price of XDC to its present all-time high (ATH) of $0.1939, which was attained in August 2021. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, XDC investors are confident that the future of XDC is bullish.

If you are interested in the future of XDC Network (XDC) and want to know the price analysis and price prediction of XDC for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is XDC Network (XDC)?

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

It raised over $1.5 million during private sales in 2017 and over $15 million during its initial coin offering in 2018.  The funds raised were used to build the hybrid blockchain that is efficient and adaptable to Ethereum Virtual Machine (EVM) decentralized applications. XDC Network was launched in 2019, and its mainnet was ready the same year. Ritesh Kakkad and Atul Khekade founded XDC Network.

XDC Network uses the delegated Proof of Stake (DPoS) consensus mechanism to ensure the network is safe. The proof of stake ensures that about 2000 transactions per second (TPS) are completed and that it uses meagre gas fees. It is a layer-1 blockchain that is reliable, scalable and intuitive.

Node operators are required to stake 10 million XDC before they can be allowed to operate after passing through the know your customer documentation. To ensure that the network is spam resistant, the network uses a small proof of work for validators to propose new blocks.

XDC Network (XDC) Current Market Status

The maximum supply of XDC Network (XDC) is unknown, while its circulating supply is 12.3 billion XDC, according to CoinMarketCap. At the time of writing, XDC is trading for $0.03049, representing 24 hours increase of 2.94%. The trading volume of XDC in the past 24 hours is $2.46 million, representing a 12.79% increase.

Some top cryptocurrency exchanges for trading XDC Network (XDC) are Kucoin, Huobi Global and Gate.io.

Now that you know what XDC is and its current market status, we shall discuss the price analysis of XDC Network (XDC) for 2022.

XDC Network (XDC) Price Analysis 2022

Currently, XDC is ranked in the 90th position on CoinMarketCap. Will developments and upgrades within the XDC Network community increase the price of XDC Network (XDC)? We shall see in this CoinEdition price analysis 2022 article.

XDC Network (XDC) Price Analysis- Keltner Channel

XDC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XDC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for XDC Network (XDC), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XDC might be sustained before any reversal would be expected.

XDC Network (XDC) Price Analysis- Relative Strength Index

XDC/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
XDC/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of XDC Network (XDC) 1day chart of XDC/USDT is at 63.91.  This shows that XDC is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

XDC Network (XDC) Price Analysis-Moving Averages

XDC/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)
XDC/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 4-Hour chart of XDC 200-day and 100-day Moving Average (MA). As indicated in the recent uptrend, XDC is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of XDC Network (XDC) might experience a significant rise or fall in the future.

XDC Network (XDC) Price Prediction 2022

XDC/USDT 1Day Chart (Source: Tradingview)
XDC/USDT 1Day Chart (Source: Tradingview)

Looking at the daily chart of XDC/USDT, the XDC price was swinging from $0.043 resistance2 to $0.034 resistance1 after touching the support level at $0.027. It reversed from the support level of $0.027 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XDC price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XDC to reach $0.1 in 2022.

XDC Network (XDC) Price Prediction-Resistance and Support Levels

XDC/USDT 1Day Chart (Source: Tradingview)
XDC/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XDC has increased by 8.3% in the past 30 days. If this price increase continues, XDC could break the $0.034 resistance1 level and move higher to $0.080 at the resistance6 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XDC might be dethroned from its present uptrend position. In simpler terms, XDC might trend below the $0.021 support2 level, a bearish signal even lower in 2022.

XDC Network (XDC) Price Prediction 2023

If the value of the relative strength index (RSI) of XDC is at least 50 by the end of 2022, the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of XDC Network (XDC) trade around $0.2 by the end of 2023.

XDC Network (XDC) Price Prediction 2024

The positive sentiment with the news of Bitcoin halving could directly impact the price of XDC. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of XDC trade at $0.4 by the end of 2024.

XDC Network (XDC) Price Prediction 2025

By 2025, the XDC Network (XDC) price could rise to $0.8. This is because of the price surge a year after Bitcoin halved. Also, considering more developments will attract more developers, traders and content creators.

XDC Network (XDC) Price Prediction 2026

With the number of XDC hodlers on the increase and the growing sentiment about cryptocurrencies, XDC has the possibility of holding most of its recent gains and consolidating. Hence, the price of XDC could trade around $1 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

XDC Network (XDC) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to a likely sentiment that the market has attained its minimum support level. The price of XDC Network could surge to $2 by the end of 2027.

XDC Network (XDC) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value XDC Network (XDC) could hit $4 by the end of 2028.

XDC Network (XDC) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of XDC to $8 by the end of 2029.

XDC Network (XDC) Price Prediction 2030

The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of XDC Network (XDC) to trade around $10 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, XDC might reach $0.1 in 2022 and $10 by 2030 if investors have decided that XDC is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is XDC Network (XDC)?

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

How to buy XDC Network (XDC) Token?

Like other cryptocurrencies, XDC Network (XDC) can be traded in cryptocurrency exchanges like Huobi Global, Kucoin and Gate.io.

Will XDC Token surpass its present ATH?

XDC has a low possibility of surpassing its present all-time high (ATH) price of $0.1939 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2023.

Can XDC reach $0.1 soon?

XDC is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, XDC might reach $0.1 soon after its breaks the $0.08 psychological resistance.

Is XDC a good investment?

XDC has been one of the most suitable investments in the crypto space in the past three years. Its return on investment of over 19200% makes it one of the assets to keep on the watch list and hodl for the future.

What is the current all-time low price of XDC?

XDC has a current all-time low price of $0.0001571.

Who is the founder of XDC Network?

The founder of XDC Network are Ritesh Kakkad and Atul Khekade.

What is the maximum supply of XDC?

 XDC has a maximum supply that is unknown.

When was XDC launched?

It was launched in 2019.

Where can XDC be stored?

XDC can be stored in centralized exchanges’ private, cold, and hot wallets.

What will be the XDC price by 2023?

XDC price is expected to reach $0.2 by 2023.

What will be the XDC price by 2024?

XDC price is expected to reach $0.4 by 2024.

What will be the XDC price by 2025?

XDC price is expected to reach $0.8 by 2025.

What will be the XDC price by 2026?

XDC price is expected to reach $1 by 2026.

What will be the XDC price by 2027?

XDC price is expected to reach $2 by 2027.

What will be the XDC price by 2028?

XDC price is expected to reach $4 by 2028.

What will be the XDC price by 2029?

 XDC price is expected to reach $8 by 2029.

What will be the XDC price by 2030?

XDC price is expected to reach $10 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinEdition. No information in this article should be interpreted as investment advice. CoinEdition encourages all users to do their own research before investing in cryptocurrencies.

More Crypto Price Predictions:

  • Bullish XDC price prediction ranges from $0.034 to $0.080.
  • XDC price might also reach $0.1 this 2022.
  • XDC’s bearish market price prediction for 2022 is $0.021.

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

XDC investors are bullish on the token since it has had a return on investment (ROI) of over 192 times in the past three years. The crypto bubble 2021 led to an increase in the price of XDC to its present all-time high (ATH) of $0.1939, which was attained in August 2021. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, XDC investors are confident that the future of XDC is bullish.

If you are interested in the future of XDC Network (XDC) and want to know the price analysis and price prediction of XDC for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is XDC Network (XDC)?

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

It raised over $1.5 million during private sales in 2017 and over $15 million during its initial coin offering in 2018.  The funds raised were used to build the hybrid blockchain that is efficient and adaptable to Ethereum Virtual Machine (EVM) decentralized applications. XDC Network was launched in 2019, and its mainnet was ready the same year. Ritesh Kakkad and Atul Khekade founded XDC Network.

XDC Network uses the delegated Proof of Stake (DPoS) consensus mechanism to ensure the network is safe. The proof of stake ensures that about 2000 transactions per second (TPS) are completed and that it uses meagre gas fees. It is a layer-1 blockchain that is reliable, scalable and intuitive.

Node operators are required to stake 10 million XDC before they can be allowed to operate after passing through the know your customer documentation. To ensure that the network is spam resistant, the network uses a small proof of work for validators to propose new blocks.

XDC Network (XDC) Current Market Status

The maximum supply of XDC Network (XDC) is unknown, while its circulating supply is 12.3 billion XDC, according to CoinMarketCap. At the time of writing, XDC is trading for $0.03049, representing 24 hours increase of 2.94%. The trading volume of XDC in the past 24 hours is $2.46 million, representing a 12.79% increase.

Some top cryptocurrency exchanges for trading XDC Network (XDC) are Kucoin, Huobi Global and Gate.io.

Now that you know what XDC is and its current market status, we shall discuss the price analysis of XDC Network (XDC) for 2022.

XDC Network (XDC) Price Analysis 2022

Currently, XDC is ranked in the 90th position on CoinMarketCap. Will developments and upgrades within the XDC Network community increase the price of XDC Network (XDC)? We shall see in this CoinEdition price analysis 2022 article.

XDC Network (XDC) Price Analysis- Keltner Channel

XDC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
XDC/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for XDC Network (XDC), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of XDC might be sustained before any reversal would be expected.

XDC Network (XDC) Price Analysis- Relative Strength Index

XDC/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
XDC/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of XDC Network (XDC) 1day chart of XDC/USDT is at 63.91.  This shows that XDC is showing a strong trend between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

XDC Network (XDC) Price Analysis-Moving Averages

XDC/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)
XDC/USDT 4-Hour Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 4-Hour chart of XDC 200-day and 100-day Moving Average (MA). As indicated in the recent uptrend, XDC is on a bullish trend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of XDC Network (XDC) might experience a significant rise or fall in the future.

XDC Network (XDC) Price Prediction 2022

XDC/USDT 1Day Chart (Source: Tradingview)
XDC/USDT 1Day Chart (Source: Tradingview)

Looking at the daily chart of XDC/USDT, the XDC price was swinging from $0.043 resistance2 to $0.034 resistance1 after touching the support level at $0.027. It reversed from the support level of $0.027 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term XDC price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect XDC to reach $0.1 in 2022.

XDC Network (XDC) Price Prediction-Resistance and Support Levels

XDC/USDT 1Day Chart (Source: Tradingview)
XDC/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of XDC has increased by 8.3% in the past 30 days. If this price increase continues, XDC could break the $0.034 resistance1 level and move higher to $0.080 at the resistance6 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of XDC might be dethroned from its present uptrend position. In simpler terms, XDC might trend below the $0.021 support2 level, a bearish signal even lower in 2022.

XDC Network (XDC) Price Prediction 2023

If the value of the relative strength index (RSI) of XDC is at least 50 by the end of 2022, the bulls and investors are in change. This could spill over into the first half of the year 2023, which could make the price of XDC Network (XDC) trade around $0.2 by the end of 2023.

XDC Network (XDC) Price Prediction 2024

The positive sentiment with the news of Bitcoin halving could directly impact the price of XDC. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of XDC trade at $0.4 by the end of 2024.

XDC Network (XDC) Price Prediction 2025

By 2025, the XDC Network (XDC) price could rise to $0.8. This is because of the price surge a year after Bitcoin halved. Also, considering more developments will attract more developers, traders and content creators.

XDC Network (XDC) Price Prediction 2026

With the number of XDC hodlers on the increase and the growing sentiment about cryptocurrencies, XDC has the possibility of holding most of its recent gains and consolidating. Hence, the price of XDC could trade around $1 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

XDC Network (XDC) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to a likely sentiment that the market has attained its minimum support level. The price of XDC Network could surge to $2 by the end of 2027.

XDC Network (XDC) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value XDC Network (XDC) could hit $4 by the end of 2028.

XDC Network (XDC) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of XDC to $8 by the end of 2029.

XDC Network (XDC) Price Prediction 2030

The cryptocurrency market experienced high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of XDC Network (XDC) to trade around $10 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, XDC might reach $0.1 in 2022 and $10 by 2030 if investors have decided that XDC is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is XDC Network (XDC)?

XDC Network is a Blockchain project that enables developers to build a smart contract on it. It also partners with active and professional traders and content creators within its community. It was formerly known as Xinfin Network. Its native coin is denoted as XDC.

How to buy XDC Network (XDC) Token?

Like other cryptocurrencies, XDC Network (XDC) can be traded in cryptocurrency exchanges like Huobi Global, Kucoin and Gate.io.

Will XDC Token surpass its present ATH?

XDC has a low possibility of surpassing its present all-time high (ATH) price of $0.1939 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2023.

Can XDC reach $0.1 soon?

XDC is one of the few cryptocurrencies that has retained its bullish momentum in the past seven days. If this momentum is maintained, XDC might reach $0.1 soon after its breaks the $0.08 psychological resistance.

Is XDC a good investment?

XDC has been one of the most suitable investments in the crypto space in the past three years. Its return on investment of over 19200% makes it one of the assets to keep on the watch list and hodl for the future.

What is the current all-time low price of XDC?

XDC has a current all-time low price of $0.0001571.

Who is the founder of XDC Network?

The founder of XDC Network are Ritesh Kakkad and Atul Khekade.

What is the maximum supply of XDC?

 XDC has a maximum supply that is unknown.

When was XDC launched?

It was launched in 2019.

Where can XDC be stored?

XDC can be stored in centralized exchanges’ private, cold, and hot wallets.

What will be the XDC price by 2023?

XDC price is expected to reach $0.2 by 2023.

What will be the XDC price by 2024?

XDC price is expected to reach $0.4 by 2024.

What will be the XDC price by 2025?

XDC price is expected to reach $0.8 by 2025.

What will be the XDC price by 2026?

XDC price is expected to reach $1 by 2026.

What will be the XDC price by 2027?

XDC price is expected to reach $2 by 2027.

What will be the XDC price by 2028?

XDC price is expected to reach $4 by 2028.

What will be the XDC price by 2029?

 XDC price is expected to reach $8 by 2029.

What will be the XDC price by 2030?

XDC price is expected to reach $10 by 2030.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinEdition. No information in this article should be interpreted as investment advice. CoinEdition encourages all users to do their own research before investing in cryptocurrencies.

More Crypto Price Predictions:

 

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