XDC Bulls is faced with a resistance at 0.092 dollars – will there be an impulse?

  • XDC grew by 24.37%, trading $ 0.09108 with a market capitalization of $ 1.42 billion.
  • RSI in 67.91, approaching the level of bite, which indicates a potential correction.

In the Network XDC (XDC) over the past 24 hours, height is 24.37%, trading at 0.09108 dollars. Its market capitalization also increased to 1.42 billion dollars, which reflects the same interest profit. The trading volume increased by 1.26%, reaching $ 36.09 million. USA, with a market capitalization coefficient by 2.5%.

XDC is faced with a strong resistance of about 0.092 dollars. If the price begins above this level, further growth can push it to 0.095 US dollars or higher. However, if he cannot support, he can retreat to the support level of 0.089 US dollars. A break below this support can lead to a further disadvantage, potentially checking $ 0.087.

Technical indicators of signal strength

The relative force (RSI) index is currently 67.91, approaching the overwhelming area. The average sliding average RSI is 70.05, which suggests that the purchase pressure was strong. If the RSI intersects above 70, this indicates the condition of the bite, which can cause short -term correction. Conversely, the rollback in the direction of 50 will offer a cooling period before another movement.

The short -term sliding average XDC remains above the long -term sliding average, increasing the bull prospects. With the signals of the sliding medium crossover, the market continued, but the market needs stable volume to advance above. If the price remains above $ 0.091, this can confirm the ascending trend. However, a bearish crossover can indicate weakness, which leads to consolidation or decrease.

The CHAIKIN (CMF) cash indicator is currently -0.22, which shows the weak pressure of the purchase. The negative value of CMF suggests that the outflow of capital exceeds the influx, which indicates that the traders are profitable. For a stable CMF rally, CMF should return to a positive territory. CMF above zero will confirm the renewed percentage of purchase.

The price action of the XDC involves a bull impulse, but traders must control the resistance at 0.092 US dollars and support $ 0.089. A breakthrough can lead to further growth to 0.095 US dollars, while a failure can lead to short -term consolidation.

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