BanklessTimes
Home Articles XDC Network Price Eyes $0.040 After Short-Term MA Flip

XDC Network Price Eyes $0.040 After Short-Term MA Flip

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
Updated: May 15th, 2026

XDC Network coin climbed 13.39% to $0.03607 Friday morning, landing second on CoinMarketCap’s top-100 gainers list on a session when most assets sat flat. This XDC price surge followed news of Contour Network, a trade finance platform with participation from Citi, HSBC, and Standard Chartered, which has been absorbed into XDC.

That puts the chain inside bank-grade trade rails that already carry institutional adoption. Separately, $80M in USDC is now live on the network, bringing regulated on-chain dollar liquidity at a meaningful scale.

At the RWA & Stablecoins London Summit, XDC sat at the table with DTCC and BlackRock, operating as one of three settlement networks for R3’s Corda, the infrastructure underpinning DTCC’s Project Ion, which is currently processing over 100,000 transactions per day on DLT. The targeted trade finance gap is $2.5 trillion.

XDC Network Price Prediction: Key Levels to Watch After Wedge Break

XDC Network coin price broke above a multi-month descending wedge, clearing both the 7-day ($0.0315) and 30-day ($0.0302) moving averages in the same session. Short-term indicators, including EMA(10), VWMA(20), and HMA(9), are aligned bullish, while the EMA(20) at $0.03633 is the first level the rally hasn’t cleared, which means holding above it on a daily close would shift the near-term structure meaningfully.

XDC/USD daily chart showing Fibonacci retracement levels | Source: TradingView

Beyond that, the 0.236 Fibonacci retracement at $0.04029 converges with the EMA(30) at $0.04109, compressing into a resistance cluster that price will need to absorb before anything larger develops.

Longer-dated MAs remain well above price and are printing sell across the board. The XDC price prediction implied by the Fibonacci structure puts $0.0540 and $0.0600 as the next meaningful targets, both contingent on that $0.040 cluster giving way. In the downward position, the hard support is $0.02808.

READ MORE: Crypto Rally Today: Here’s Why Bitcoin and Altcoins are Going Up

Follow Bankless Times on Google News

We`ve got crypto covered – every trend, every insight, every move that matters. Add us to your feed and stay ahead of the market.

Contributors

Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.