Market Analysis of XDC

• There is a squeezing mechanism in action, with XDC trading between the VWAP levels below and the bulls eyeing the $0.093 mark on any aggressive buy actions.
• Once above $0.093, XDC could start a march toward the $0.11 mark in quick succession.
• Once below $0.093, a downward pressure will create a retest toward the $0.075 support again.

XDC is on a key technical structure, currently trading between the limit of VWAP calculated on monthly and yearly bases. It is gaining testing on the lower range, previously a key demand zone that may offer support for a bounce back. XDC is sliding between crucial levels, with lower VWAP support at -6.55% and upper VWAP resistance nearby 10.47%. Support testing is occurring at this lower range, considered a critical demand zone for a bounce-back.

>$XDC
>One of the stronger coins over the last few months
>It’s currently squeezing between monthly and yearly rVWAP
>Objective for bulls is to flip the $0.093 range
>Otherwise stays in cautionary area of further downfall
>— Dom (@traderview2) March 2, 2025

Failure to reclaim higher price levels above $0.093 may put XDC in a cautionary waiting mode where a heavier retracement might unfold if buyers don’t intervene. The coming trading days, with bulls attempting to stabilize the $0.093 territory, will set the tone for either a breakout rally or further downturn.

Technical Setup of XDC – Big Composure Ahead

Price structure-wise, XDC has displayed a clear downward trend, trading below a descending resistance line that has contained price action since its local peak. A breach above this trendline would indicate a potential reversal, contingent on subsequent price action moving past the nearby VWAP resistance of $0.093. Flipping this level into support is crucial to validate the bullish run and counteract the recent bearish structure.

Rejection from this level will further contribute to the downtrend, keeping XDC precariously below the lower VWAP support. Volume profile analysis indicates sustained interest in the range, but confirmation requires increased buying pressure to counter prevailing selling resistance.

Reversal on the Mind of Bulls as the Key Element Remains Volume Expansion

For XDC to break its current consolidation phase and pursue higher targets, any breakout attempt needs to be accompanied by increasing volume. A buildup of buying momentum leading to a break above $0.093 could target $0.11-$0.13, aligning with previous reaction zones.

Conversely, if XDC fails to generate significant volume and remains under resistance, downward risks will rise, targeting lower support near $0.075. The last defense line is the VWAP for the past 12 months; if this fails, extended bearish pressure could continue. However, robust buyer entry at these levels could create a reversal opportunity, as historical data suggests favorable risk rewards for bulls.