XDC price surged 12% on news of Binance US listing, tapping the key $0.10 resistance before pulling back slightly, presenting a lucrative buy-the-dip opportunity within a broader uptrend.
Summary
- XDC price hit the psychological $0.10 resistance, following Binance US listing.
- Currently in a healthy pullback, holding above the 20-day EMA and key $0.085–$0.088 support zone.
- A bounce from support could target $0.105–$0.115; breakdown risks a dip to $0.080.
- Broader uptrend is fueled by strong fundamentals, including cross-chain expansion, the launch of 21Shares XDC ETP on Euronext, and recent partnership with Archax.
XDC Network (XDC) price gained 12% yesterday as Binance US announced its listing, with trading beginning today. The price tested the psychological and technical resistance at $0.10 level — the peak of the 80% rally from year-to-date low of $0.055253 from late June.
XDC price is now in a healthy retracement phase within its broader bullish trend. Currently trading at $0.098, the price remains comfortably above the 20-day EMA, which has been providing dynamic support throughout the recent rally and contained the recent dip to $0.080. Moreover, the prior resistance zone around $0.085–$0.088, which aligns closely with both the EMA and the ascending trendline support, is now poised to serve as a key demand area.
If buyers defend the $0.085–$0.088 zone, XDC price could resume its upward trajectory with a renewed push above $0.10, potentially targeting the next resistance levels near $0.11 and $0.12. If this support breaks, it could open the door for a retest of the $0.080 level.
What’s driving XDC uptrend?
The broader XDC uptrend is underpinned by strong fundamental tailwinds:
1. Cross-chain expansion as a core growth driver
The most significant catalyst for the recent rally from the YTD low is XDC’s recent integration with LayerZero, which officially went live on July 9. This upgrade enabled zero-slippage bridging of XDC to major blockchain ecosystems, including Ethereum (ETH) and Solana (SOL). With $2.9 billion worth of gas tokens backing its utility, this upgrade has not only sparked speculative demand, but also reinforced long-term use-case driven accumulation.
2. Institutional adoption & regulatory alignment
In parallel, institutional momentum behind XDC is building. The 21Shares XDC Network ETP officially launched and began trading on Euronext Amsterdam and Paris in early July. Additionally, XDC has taken a major step toward compliance with the EU’s MiCA framework through a strategic partnership with Archax, a regulated digital securities exchange and custodian.
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