XDC Network (XDC) is trading in a tight range as analysts identify two price levels that could dictate its direction. Technical trader Leo Naf said the token remains in a bullish structure as long as it stays above $0.07, describing this zone as a critical support. He cautioned that a break below the level would weaken the mid-term outlook and potentially open the way for further losses.
Market analyst CW pointed to resistance near $0.083, noting the presence of a sell wall that could prevent upward movement. A sell wall occurs when a large cluster of sell orders concentrates at one price point. This creates heavy resistance that requires significant buying pressure to overcome. According to CW, until XDC clears this ceiling, the token is likely to remain trapped within its current range.
Resistance Builds Near $0.083
The daily chart shows XDC price moving inside a descending channel since early August. This pattern reflects consistently lower highs and lower lows, signaling short-term bearish pressure. The token is now trading around $0.076. This is just above the 200-day exponential moving average (EMA) near $0.075, which acts as an important support level. The 20-day and 50-day EMAs, both trending downward, highlight resistance near $0.078–$0.079.
The Relative Strength Index (RSI) sits near 45. This suggests neither overbought nor oversold conditions. This neutral reading indicates that XDC could move in either direction. It depends on whether buyers defend support or sellers push below it.
If XDC price holds above $0.07 and manages to break the channel resistance near $0.083, analysts say the token could attempt a rally toward $0.09 in the short term. On the downside, losing support at $0.07 would likely invalidate the bullish setup and expose the market to deeper declines, potentially toward $0.065.
USDC Integration Positions XDC Network for Institutional Use
The analyst warnings arrive as XDC strengthens its position in the broader crypto market. The network recently secured a major integration with Circle, which launched both USDC stablecoin and Cross-Chain Transfer Protocol V2 on XDC. This addition provides developers and enterprises with a regulated stablecoin option and improves cross-chain settlement, a key factor for trade finance and payment applications.
Market access has also expanded. In September, both Kraken and eToro listed XDC. This makes the token more accessible to retail investors and institutions. Exchange listings often increase liquidity and credibility, giving new participants an easier path into the market.
The XDC Foundation is preparing to host an Investor Day in Singapore on September 30. The event may bring announcements on partnerships or roadmap developments. Events of this nature often act as catalysts by drawing attention from industry stakeholders and investors.
Meanwhile, staking activity on the network continues to rise. More than $200 million worth of XDC is currently locked across masternodes, with an additional 50 million tokens staked over the past month. This trend reduces circulating supply and signals long-term confidence from holders, factors that can help stabilize price during periods of volatility.