XDC Network opened the Asian session at $0.09812 and dropped 1.2% to $0.09764 by press time.
The asset formed higher lows after a downtrend and now targets resistance at $0.1414 and $0.2172.
Trading volume decreased by 13.74%, with volatility rising during intraday moves below the $0.099 level.
The XDC Network (XDC) has regained upward momentum after months of sideways trading. A strong breakout is underway, and recent movements show the asset pushing toward major resistance levels. During today's Asian Trading session, the asset opened it market with a price value of $0.9812, which has seen a slight pullback to the current price levels.
XDC Network Breakout From Downtrend and Recovery Zone
According to an observation by Javon Marks, it is notable that XDC’s price began falling sharply in early 2022, forming a prolonged downtrend that extended into the end of the year. This decline ended with a trendline breakout, which shifted the overall direction. After that, the asset entered a consolidation phase through most of 2023, ranging between $0.02 and $0.06.
Source: X
This base-building period led to a clear breakout early in 2024. The price then accelerated, reaching a local high near $0.14 by mid-2025. A rejection followed, with the price pulling back into the previous consolidation zone. The correction found support near $0.05 to $0.06, levels that once acted as resistance during 2023’s trading. These levels have since held firm, supporting the current upward movement.
Current Position and Price Targets
The recent chart shows renewed strength in XDC Network market structure. The token has formed higher lows and resumed its climb. As of press time, CoinMarketCap data reveals that XDC Network traded between $0.09902 and $0.0975 over the past 24 hours, showing a clear downward movement. The price dropped 1.2% on the day, ending near $0.09764. Volatility increased after leading to multiple short spikes and dips through the night. Trading volume reached $62.01 million, down 13.74% over the same period.
Source: CoinMarketCap
The intraday chart shows several failed attempts to reclaim the $0.099 level, followed by steady lower highs. The trend closed with a final drop below $0.098. From Mark's view, two resistance levels are marked on the chart. The first level is at $0.1414, aligned with the mid-2025 high. The second is at $0.2172, which is a higher breakout target. If XDC Network reaches the first target, it would represent an approximate 80% gain from current prices
The early part of the XDC Network action reflects a strong downtrend, followed by consolidation and later by breakout and retracement. Now, the current trend reflects a bullish leg in progress, with the $0.1414 target still active. If the level breaks, focus shifts to $0.2172.