Fundamental Analysis

Introduce

XDC Network Interoperable Blockchain Network for Global Trade & Finance which enables Digitization, Tokenization and instant settlement of trade transactions, increases efficiency and reduces reliance on complex FX infrastructures, allowing for increased flexibility in liquidity management for financial institutions.

BasicInfo

NameValueNameValue
SymbolXDCMarket Cap1098870080
NameXDC NetworkWhite Paper--
Web Sitehttp://www.xinfin.io/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://explorer.xinfin.network/Algorithm--
Forum--Proof--
Mining Total--
Supply--Release Date2019-06-01
Available Supply14930300000

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.07010.0740.068610.073971397010.1738875
2024-12-300.071810.074010.068180.070091799534.2567298
2024-12-290.075680.076070.070710.071792093399.7458005
2024-12-280.070340.075660.069990.075661452322.371677
2024-12-270.076740.07830.069820.070351914530.0333284
2024-12-260.083090.083470.07570.076741224906.1210512
2024-12-250.083310.084290.080510.08298970246.4481461
2024-12-240.084870.087970.08110.083252519462.0206724
2024-12-230.076150.085680.073810.084893679703.8142166
2024-12-220.074710.079390.071290.076122193466.5778232
2024-12-210.074440.080330.074070.074711740637.3365951
2024-12-200.070570.074580.064020.074482647388.6861207
2024-12-190.072020.076960.067710.070622152879.7151483
2024-12-180.08080.081680.071230.072051756945.0744016
2024-12-170.082190.083010.078240.080692472127.0402953
2024-12-160.08380.085070.07850.082282761560.5502011
2024-12-150.080230.085110.077990.083832723977.8517836
2024-12-140.083470.085020.078760.080291710549.5509594
2024-12-130.085080.088850.082320.083543352972.3908459
2024-12-120.088830.092860.083850.085022792162.3918212
2024-12-110.091790.102290.087240.088787328580.7616751
2024-12-100.078440.093380.0770.091895749102.3745369
2024-12-090.091790.094070.070.078455949303.4973593
2024-12-080.092820.097060.090020.091814691481.3065506
2024-12-070.097490.107920.089890.0929110572316.77056191
2024-12-060.074310.103070.07350.0974614243444.95040476
2024-12-050.071040.077580.068880.07444205275.369923
2024-12-040.0820.082230.070070.071095043170.2425959
2024-12-030.081970.087550.074150.082047855263.94345371
2024-12-020.06750.082120.066720.0818415290634.73479835

Analysis

The price experienced high volatility, with significant price swings in both directions. The overall trend indicates a bearish sentiment in the latter half of the period, with a noticeable price decrease after an initial period of higher fluctuations. Trading volumes were high and irregular, suggesting strong market activity and investor indecision. The price failed to sustain the initial high levels and formed a downtrend with lower highs and lower lows. There were a few short-lived attempts at upward movement but these lacked the strength to reverse the overall downtrend. Recent trading action shows a slight recovery, but this could be a temporary pullback before the downtrend continues. The high trading volume on both the up and down swings could be due to large institutional or whale trading activity. The period started with a price around 0.07 and reached a peak of 0.10, it closed out around 0.073, which may signal that traders are still taking profits, indicating weakness. The high volatility makes it difficult to establish a clear trading direction without additional indicators and analysis.