XDC Price Prediction: What Lies Ahead for the XDC Network?

According to our XDC price prediction, the token flashes a significant recovery rally in the price chart and is expected to surge anytime soon. 

Plenty of crypto projects have emerged over the past few years with an aim to replace legacy technologies and global payment infrastructure. Using hybrid blockchains, which fuse private and public chains, a line of cryptos is on a mission to integrate these technological developments into the world of traditional business and finance. One of these emerging crypto start-ups which seek to disrupt the global payment systems is XinFin, which calls itself an “enterprise-ready hybrid blockchain for global trade and finance”. XinFin network is powered by the XDC coin, and the network is favored by whale investors and prominent crypto experts. While some tech experts welcome the decentralized finance era as a blessing to the advancement of the technological sector, others view it based on censorship-resistant product offerings. However, the advent of blockchain put an end to all apprehensions and risks that go behind the finance spectrum. The XDC crypto has delivered an overwhelming performance in the past and is expected to rise exponentially in the future. However, the current negative sentiments in the market pressurize the XDC coin, resulting in substantial price fluctuation in the price chart. Hence, our XDC price prediction seeks to bring its current technical analysis based on professional indicators to help you decide the best investment plan amid the overall downtrend. 

XinFin Network: A Quick Introduction

XinFin Network has traveled a long route in addressing and overcoming the global trading and financial space obstacles, bringing buyers, suppliers, financiers, trade unions, and government bodies like a bank to the same table, i.e., on a peer-to-peer platform. 

The XDC network was founded in 2017 and was developed by Khekade and Ritesh Kakkad. Based in Singapore, the XDC Network claims to provide transparency of public blockchain with the speed and end-to-end encryption of private networks on its platform. Enterprises or businesses can organize private subnetworks while also getting access to the public state, which is shared by all users. With the support of a well-experienced tech team of endless research units devoted to constructing a robust network that is entirely decentralized, XinFin Network (XDC) gains the top position in the list of solution providers in creating user-friendly interaction to make transactions approachable, generating a sense of ownership in both buyers and traders alike offering crystal-clear lucidity as an open-source DeFi protocol. Let’s find out XDC’s current market details to get a detailed overview of our XDC price prediction. 

XDC Coin: Features And Roadmap

XinFin Digital Contract (XDC) is the native and governing currency of the Exchange Infinite (XinFin) platform. XinFin is a hybrid blockchain protocol capable of switching between public and private routes with the capability of coding for smart contracts. XDC network works with governments and institutions to bridge the gap in global infrastructure as it allows developers easy access to work with the government to finance projects or deliver on tenders. 

The whitepaper states, “The XDC blockchain aims to bring together the significant advantages of public blockchains and the necessary restrictions of permissioned blockchains to create an ecosystem that is enterprise ready. The tiered membership rules for participation in the XDC network allows for robust mechanisms in maintaining network integrity. In addition, controlling network participation creates an environment of standardized relationships that allow for the focus to be on what is important: business.”

XinFin works on a delegated proof of stake (POS) consensus mechanism that verifies transactions before placing them into blocks. POS algorithms are known for their high energy efficiency when compared to Proof of Work (POW). Recently XinFin announced a partnership with Kinesis Money Partners, a global trading platform focusing on digital assets and precious metals. As part of the partnership, Kinesis will list XDC tokens on its platform, enabling its holders to trade against precious metals tokens.

XDC Price Prediction: Price History

XDC coin made an interesting journey in the past, and it is currently hovering around a range-bound area with significant price momentum. Before heading toward our XDC price prediction, it is essential for investors to know its price history to get a rough overview of its potential. However, it is to be noted that price history is not an indicator of our XDC price prediction. 

The XDC token went live into the crypto trading market with a price of $0.003 on 14 April 2018. With a huge pump in the next few days, the XDC token touched a high of $0.01 on 27 April but significantly dropped to a low of $0.004 on 29 May as the token was unable to maintain its uptrend. The coin then made a slight recovery to a high of $0.006488 on 5 June 2018. The coin then dropped quickly to a low of $0.0008245 on 8 September 2018. Between August 2018 and April 2020, the XDC token traded sideways, hovering below the $0.00232 mark. 

In August 2020, the price of the XDC token began to rise, hitting $0.01096 on 12 August before dipping to $0.004413 on 18 October 2020. The coin rose soon after to close at $0.02876 on 18 February 2021 before surging higher to close at $0.1316 on 15 April 2021. The coin subsequently dropped to $0.04839 on 10 June 2021 before rising to a high of $0.1883 on 23 August 2021. On 5 October 2021, the coin stood at $0.1394 before dropping to a low of $0.06596 on 14 December 2021. 

In 2022, due to the severe market crash that was brought about by the collapse of the Terra ecosystem, the XDC token started to fall vertically downward and made a low of $0.02 in July. The coin again made a dip in December after being triggered by the collapse of the popular crypto exchange FTX.

XDC Price Prediction: Technical Analysis

XDC is continuously failing to fulfill the bullish hopes of investors and payment providers as it faces strong rejection near its fundamental resistance level. However, the XDC token made a solid upward correction in the last few days, and it is gaining momentum to make a solid breakout above with a new high by January’s end. However, strong negative sentiments, including multiple bankruptcy filings in the crypto space, have raised concerns regarding privacy and trust, resulting in extreme selling pressure in the XDC price chart. Hence, our XDC price prediction aims to bring you an in-depth technical analysis using advanced technical indicators to invest amid the current market trend and guide you through a profitable investment plan.

According to CoinMarketCap, the current price of the XDC token trades at $0.027, with an uptrend of nearly 3% from yesterday’s price. Our XDC crypto technical analysis reveals that this digital asset may soon spark strong bullish signals to new highs after a short-term consolidated trade near its immediate resistance. Looking at the daily price chart, XDC struggles to trade above its strong resistance at $0.028 as the negative sentiments in the market put a barrier in the XDC price graph. XDC price analysis shows a positive market trend, which means that the asset is currently hovering around a bullish territory with no significant fluctuation. However, the XDC token was hit hard in November 2022 as the entire market led to a crash caused by FTX’s demise. The XDC market experienced high volatility in the past two months, with prices fluctuating between $0.03 and $0.02. The XDC coin trades near an uncertain zone which was brought about by FTX’s collapse, creating a FUD situation for investors. XCD token has recently broken its boring consolidation at $0.025 and is expected to extend its current recovery momentum to the 31.8% Fib retracement in the upcoming days. The Balance of Power (BoP) indicator trades in a positive region at 0.34, which may push the XDC token to retest its resistance near $0.028. 

In the last few weeks, the XDC token made a rise of over 20% but continuously faced rejection at $0.03. The token has broken its EMA-20 and EMA-50 trend lines and is currently hovering around the EMA-100. The popular indicator RSI-14 trades in a bullish zone at the level of 62, which may act as a catalyst in sending the XDC token above the 23.6% Fib retracement by the end of this month. Moreover, the MACD line continues to climb to the signal line with strong bullish candles, signifying bulls’ domination in the XDC price chart. However, the SMA-14 does not look promising as it declines to the 53 level, hinting at a reversal if it drops below the level of 50. If XDC holds above its EMA-100 trend line, it may spark a fresh uptrend to its Bollinger band’s upper limit of $0.029, above which it may make an attempt to break its strong resistance at EMA-200 at $0.031. Conversely, a freefall is expected if the XDC token drops below the critical support level of $0.02; below this price level, XDC may accelerate for a sharp collapse as it can trade near its Bollinger band’s lower limit of $0.017. If XDC’s price fails to hold above $0.015, it may trigger a more bearish bloodbath and trade near $0.013.

XDC Price Prediction By BlockchainReporter

XDC Price Prediction 2023

Our XDC price prediction for 2023 expects a maximum trading price of $0.046, with an average trading price of almost $0.04. XDC might retrace downward with a minimum price of $0.038 by the end of 2023. 

XDC Price Prediction 2024

XinFin network boasts of developing solid and promising fundamentals for the crypto space. XDC price prediction for 2024 predicts that the token will extend its bullish momentum and likely achieve a maximum price level of $0.067. After that, XDC crypto might record a low of $0.055, with an average trading price of $0.057.

XDC Price Prediction 2025

Our XDC price prediction for 2025 anticipates a minimum value of $0.083 and a maximum value of $0.094. In addition, our XDC price forecast for 2025 predicts an average trading price of $0.086.

XDC Price Prediction 2026

XDC may witness a significant pump in 2026 and bring a great return on investment to its long-term holders. Our XDC price prediction for 2026 expects a maximum trading price of $0.14 with an average trading price of $0.13. XDC may trade at a minimum value of $0.12. 

XDC Price Prediction 2027

The crypto market may soon end the tears and tantrums and overcome its current turmoil as it is gearing up for a bullish comeback and is expected to skyrocket in the next few years. Our XDC price prediction for 2027 suggests that it may touch a maximum trading price of $0.21. XDC may trade at an average price of $0.18 with a minimum value of $0.18.

XDC Price Prediction 2028

Our XDC price prediction for 2028 states that it may touch a maximum price of $0.3 and an average trading price of $0.26. The minimum value for the XDC cryptocurrency is predicted to hit $0.25.

XDC Price Prediction 2029

In the upcoming years, XDC may attract potential partnerships to its network due to its robust fundamentals that can push its price to the North. Our XDC price prediction for 2029 expects a maximum price for this token to be $0.45 and a minimum price of $0.38. XDC crypto may reach an average value of $0.39.

XDC Price Prediction 2030

Depending upon the future market potential and feedback from the community, XDC coin can see a maximum price level of $0.67 with an average trading price of $0.57. However, XDC is projected to hit the bottom level at $0.55 by the end of 2030.

XDC Price Prediction 2031

According to our XDC price analysis, the XDC token may bring a bullish wave to investors’ portfolios as the team has solid promises ahead. The price of XDC is projected to reach a maximum price value of $0.97, with an average trading price of $0.81. The minimum trading price of XDC is predicted to be $0.79 by the end of 2031.

XDC Price Prediction 2032

XDC price is forecasted to reach a minimum level of $1.13 in 2032. As per our prediction, the XDC price could reach a maximum value of $1.37 with an average forecast price of $1.18.

XDC Price Prediction: By Industry Experts

According to DigitalCoinPrice’s XDC price prediction, XDC is expected to surpass the level of $0.0622 in 2024. By the end of the year, XDC Network is expected to reach a minimum price of $0.0579. In addition, the XDC price may register a maximum level of $0.0636. In 2029, the price of XDC is expected to exceed the level of $0.19. By the end of the year, XDC Network is predicted to reach a minimum value of $0.18. In addition, the XDC price is capable of attaining a maximum level of $0.19. 

Coincodex’s XDC price prediction states that the value of XinFin Network will drop by -1.61% and reach $ 0.024116 by 10 January 2023. Technical indicators show that the current sentiment is bearish, with the Fear & Greed Index reading 29 (Fear). Over the past month, XinFin Network had 14/30 (47%) green days and 9.13% price volatility. According to our XinFin Network price forecast, it is a bad time to invest in the XDC token. 

Is XDC A Good Investment? When Should You Buy?

Considering XDC’s utilities and roadmap, the XDC network has a bright future as the DeFi market is projected to grow by trillion dollars in the next few years. Moreover, the NFT platform XDSea built on the network continues to gain value as the crypto world increasingly digitizes with increasing requirements of secured and decentralized transactions. Hence, the XDC token can be a good investment option if considered in the long term. Our XDC price prediction suggests investing in this token at a price of $0.02. 

Conclusion

The XinFin network offers SMEs (small to medium businesses) a financial platform on which they may operate their company. Instead of relying on antiquated banking methods that don’t correctly store data or have laborious administrative procedures. Now, SMEs can utilize XDC, its native currency, which will track every financial transaction made by their firm on the blockchain to ensure security. It will also automate several financial tasks to make them more accessible and easier to use. According to several analyses by crypto experts, the XDC coin price prediction appears to be relatively bullish in the long term. The average forecast price of the XDC token seems to be rising year by year, making it a bullish token for long-term investors. However, regulations, corporate and government acceptance, cryptocurrency exchange hacks, and other real-world events can all have a negative impact on the price of XDC. XinFin Network’s market value might fluctuate dramatically in a short period of time. Furthermore, the success of XDC Network is reliant primarily on the overall performance of the cryptocurrency industry in the future. Hence, our XDC price prediction advises you to do your own research and conduct investment advice from experts before investing in the highly volatile market.