Fun

XRP Analyst Marks XDC For 3,350% Take-Off As Bullish Metrics Emerge

News Feed - 2025-05-10 05:05:50

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


XRP analyst Egrag Crypto, who is well-known for offering bullish predictions about the altcoin, has now drawn the crypto community’s attention to another altcoin, XDC. The analyst predicts this crypto token could also witness a remarkable surge and enjoy up to a 3,350% gain as bullish metrics emerge.  XDC To Rally To $2 As Indicators Turn Bullish


In an X post, Egrag Crypto stated that XDC will rally to $1 and then easily surge to $2. This came as he remarked that the altcoin’s chart looks “amazing.” First, the XRP analyst noted that the RGB (Red-Green-Blue) indicators perfectly align with the XDC token. Based on this, he asserted that the next move for the altcoin could be a 10x pump.


Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77 


This XDC price surge is expected to target the Fibonacci levelsbetween 1.414 and 1.618, rallying to between $0.50 and $0.80. The XRP analyst remarked that this is still below the previous cycle’s blow-off top, when the token soared by 3,350%. He expects XDC to replicate this explosive move, potentially surging to the $2 target.  Source: Egrag Crypto on X


The XRP analyst alluded to the Stochastic Relative Strength Index (SRSI)as another bullish indicator. He revealed that the SRSI is waving bullish signals. The analyst admitted that there is still a long road for XDC to reach and sustain RSI levels above 80, but claimed that the momentum is definitely on the bulls’ side. In line with this, Egrag Crypto asserted that big moves could just be around for the altcoin.  The Bearish Angle For The Altcoin


The XRP analystalso provided a bearish angle for the XDC price. He revealed that the 21 Exponential Moving Average (EMA) is on the verge of crossing below the 33 Moving Average. If that happens, the analyst warned that it could turn super bearish. 


Related Reading: Altcoin Season In Danger If Bitcoin Dominance Closes April Above This Level


However, he added that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. The analyst also urged market participants to be attentive as the sharp move higher would come unexpectedly before a big crash to the downside. 


From a fundamental perspective, XDC’s outlook also looks bullish. The XDC network just officially joined the MiCA alliance, which is a major step forward in aligning blockchain innovation with regulatory clarity in Europe. The team stated that the network is deeply committed to compliance, transparency, and building long-term trust. Like Ripple’s offeringusing XRP for cross-border payments, XDC is a layer-1 that offers real-world applications like trade finance, cross-border payments, and RWA tokenization.


At the time of writing, the XDC price is trading at around $0.07, up over 1% in the last 24 hours, according to datafrom CoinMarketCap. XDC trading at $0.075 on the 1D chart | Source: XDCUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com

News Feed

Swedish central bank examines offline CBDC payment challenges
Derek Andersen4 hours agoSwedish central bank examines offline CBDC payment challengesThe Riksbank designed a system using payment cards and shadow wallets, but security and accounting problems remain.1494 Total views7 T
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin
Amid Colorado"s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin In November 2020, Colorado banned gas flaring, venting, and the release of r
Catching The Next Quick 5X: Why The Dogecoin Price Should Be On Your Radar
Este artículo también está disponible en español. Recent developments suggest that crypto investors looking to catch the next quick 5x should be keeping an eye on the Dog
Polkadot active addresses hit record 600K
Zoltan Vardai11 hours agoPolkadot active addresses hit record 600KActive addresses on Polkadot have hit a new all-time high of 600,000 despite the community’s memecoin efforts failing to bring more attention to the pro
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days Fees tied to the Ethereum network have been under the $5 region per transaction during the last
Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance
Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confi
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago
Bitcoin Difficulty Increases 6% — It"s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago As expected, Bitcoin’s mining difficulty increased thi
Spot Solana ETF might 9x the price of SOL — GSR Markets
Brayden Lindrea4 hours agoSpot Solana ETF might 9x the price of SOL — GSR MarketsThe crypto market maker’s forecast for Solana was based on a “blue sky” scenario, while its “bear” scenario only predicted a 1.
SEC will not pursue enforcement action against Paxos
Turner WrightJul 11, 2024SEC will not pursue enforcement action against PaxosThe stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security
Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country
Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country Panamanian lawmakers will start to analyze a draft bill that seeks to regu
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitco
Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details
Este artículo también está disponible en español. Shortly aftersurging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no signif