XDC Network receives an average long-term technical score of 55 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
XDC currently holds a superior long-term technical analysis score than 55% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $0.070000000 for XDC is -$0.0200000 (-21.29%) below the coins 100-day moving average of $0.080000000. XDC meanwhile is $0.0600000 (-140340.55%) above its 52-week low of $0.010000000 and -$0.13000000 (-5124.03%) under its 52-week high price of $0.190000000. XDC Network’s current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 55. The price movement and range of XDC suggest that investors are neutral on the coin at this time.
XDC Network has a market capitalization of $809,853,688.40 and a relatively average average daily volume with $85,317,274.75 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, XDC’s volume is below its seven day average with 12,652,614.48 exchanged.
Summary
Trading patterns over the last year for XDC Network leads to the coin’s an average long-term technical score of 55 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the coin.
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