XDC Holds Key VWAP Support as Bulls Aim to Reclaim $0.093 for a Breakout

cryptonews.net 03/03/2025 - 04:09 AM

XDC Price Analysis

  • 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 currently displaying a critical technical structure, trading between the monthly and yearly VWAP limits. It is near key demand zones that may offer support for a bounce back. The asset is sliding within crucial levels, with the lower VWAP support at -6.55% and upper VWAP resistance at 10.47%. Testing support at this lower range is vital for a potential 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 a cautionary area of further downfall
> — Dom (@traderview2) March 2, 2025

Failure to reclaim above $0.093 may place XDC in a cautionary waiting mode, risking a significant retracement if buyers don’t step in. The coming trading days will determine whether bulls can turn around the $0.093 territory, influencing potential breakout rallies or continued downside.

Technical Setup of XDC – Big Composure Ahead

Price-wise, XDC shows a clear downward trend, trading below a descending resistance line that has contained its price action since the local peak. A breach above this trend line would suggest a reversal if the price breaks past the VWAP resistance near $0.093. This level is significant; flipping it into support could validate a bullish run, countering the recent bearish structure.

Rejection from this level would reinforce the downtrend, leaving XDC vulnerable below the lower VWAP support. Volume profile analysis suggests interest remains within the range, but confirmation requires increased buying pressure to overcome selling resistance.

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

For XDC to transition out of its consolidation phase and pursue higher targets, breakout attempts must occur alongside increasing volume. If buying momentum builds and the price surpasses $0.093, potential upside targets could hit $0.11-$0.13, aligned with prior reaction zones.

Conversely, if XDC fails to gather strong volume while remaining under resistance, the risks of another test near the lower support of $0.075 increase. The past 12 months’ VWAP serves as the final defense; if it falters, bearish pressure may persist. However, if serious buying enters at these levels, the possibility of a reversal could emerge, as historical trends suggest favorable risk rewards for bulls.




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