XDC Price Awaits Demand Boost to Flip 200-Day EMA

The XDC price is currently sitting in a historically important demand zone between $0.023 and $0.029, an area that bulls have defended before.

However, for now, the chart isn't giving bulls a free pass as the token remains below the 200-day EMA band, making it an important confirmation level for any potential rally.

A successful flip of the XDC price above this indicator would provide stronger evidence that bullish activity is actually returning rather than another temporary bounce.

According to the chart, if demand builds inside the current zone, the first major target sits around $0.045, with further resistance levels at $0.066 and $0.098.