The XDC Network (XDC) has experienced a significant surge in the last 24 hours, with both its price and market cap reflecting a 24.37% increase. The trading volume has also risen by 1.26%. The current resistance level for XDC is at $0.092, and if it breaks above this level, it could potentially reach $0.095 or higher. However, if it fails to sustain this level, it may pull back to the $0.089 support level, and breaking below this support could lead to further downside towards $0.087. The relative strength index (RSI) is approaching the overbought zone, suggesting strong buying pressure. If the RSI crosses above 70, a short-term correction may occur. The short-term moving average remains above the long-term moving average, confirming a bullish outlook. The Chaikin Money Flow (CMF) indicator currently shows weak buying pressure, indicating capital outflows. For a sustained rally, the CMF needs to move back into positive territory. Traders are advised to monitor resistance levels at $0.092 and support levels at $0.089. A breakout could lead to further gains, while a failure may result in consolidation.



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