XinFin Network (XDC) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current XinFin Network price prediction, the price of XinFin Network is predicted to rise by 45.30% and reach $ 0.041837 by August 7, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 28 (Fear). XinFin Network recorded 7/30 (23%) green days with 8.51% price volatility over the last 30 days. Based on the XinFin Network forecast, it's now a bad time to buy XinFin Network.

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Based on the historical price movements of XinFin Network and the BTC halving cycles, the yearly low XinFin Network price prediction for 2025 is estimated at $ 0.027017. Meanwhile, the price of XinFin Network is predicted to reach as high as $ 0.177381 next year. Using the same basis, here is the XinFin Network price prediction for each year up until 2030.

XinFin Network price prediction 2025

The XinFin Network price prediction for 2025 is currently between $ 0.027017 on the lower end and $ 0.177381 on the high end. Compared to today’s price, XinFin Network could gain 516.27% by 2025 if XDC reaches the upper price target.

XinFin Network price prediction 2030

The XinFin Network price prediction for 2030 is currently between $ 0.031231 on the lower end and $ 0.137263 on the high end. Compared to today’s price, XinFin Network could gain 376.89% by 2030 if it reaches the upper price target.

XinFin Network's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, XinFin Network's 200-day SMA will drop in the next month and will hit $ 0.039882 by Aug 07, 2024. XinFin Network's short-term 50-Day SMA is estimated to hit $ 0.033731 by Aug 07, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 26.40, which indicates that the XDC market is in a oversold position. The RSI indicator suggests that the price of XDC will decrease.

Popular XDC Moving Averages and Oscillators for Tue, Jul 09, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

XinFin Network Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

XinFin Network Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.02879, XinFin Network has support levels of $ 0.02821, $ 0.027695, and the strongest at $ 0.027115. Similarly, XinFin Network resistance levels are at $ 0.029305, $ 0.029885, and $ 0.0304.

XinFin Network Correlation

Over the past 7 days, XinFin Network price was most positively correlated with the price of and most negatively correlated with the price of .

XinFin Network price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with XinFin Network indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with XinFin Network, a move in one direction for XinFin Network would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the XinFin Network price in the future, it’s helpful to also explore XinFin Network’s price history. In the last month, the XDC/USD pair is down .

XinFin Network Price Analysis

How to read and predict XinFin Network price movements?

XinFin Network traders use a variety of tools to try and determine the direction in which the XDC market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the XinFin Network price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

XinFin Network Price Prediction Indicators

Moving averages are among the most popular XinFin Network price prediction tools. As the name suggests, a moving average provides the average closing price for XDC over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for XDC is a sum of XDC’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the XDC price moves above any of these averages, it is generally seen as a bullish sign for XinFin Network. Conversely, a drop below an important moving average is usually a sign of weakness in the XDC market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the XDC price.

How to read XinFin Network charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of XinFin Network with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about XinFin Network’s price action in 1-hour chunks. Each candlestick will display XDC’s opening price, closing price, as well as the highest and lowest prices that XinFin Network reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of XinFin Network?

Just like with any other asset, the price action of XinFin Network is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of XDC. The market capitalization of XinFin Network can change significantly in a short period of time.

When trying to make a XinFin Network forecast, many traders also try to monitor the activity of XDC “whales”, which are entities and individuals that control large amounts of XDC. Since the XinFin Network market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on XinFin Network’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.