XDB Chain is showing a strong reversal signal, marked by increased trading volumes and price rises, opening new targets for investors.
Long-Term Downtrend Breaks
According to market analyst Javon Marks, XDB spent most of 2022 and 2023 in a steep decline, following a descending wedge pattern from above $0.10 to near $0.0005. The market hit its lowest point in late 2023, kicking off an accumulation phase.
A break above the wedge’s upper boundary marked a clear trend shift. Throughout 2024, the price held that breakout, trading sideways in a wide range. By mid-2025, a pattern of higher lows signaled a steady recovery.
Marks notes that the first major breakout target sits at $0.0534, over 6,750% above the current level. Early potential resistance is at $0.02534 and $0.03175.
Volume Surges Reinforce Bullish Outlook
Trading volume data from mid-July to mid-August shows increased market participation. Activity climbed from under 8 million to above 13 million in early August, marking the highest level in the observed period.
Two sharp spikes on August 3 and August 11 occurred simultaneously with upward price moves. Increased trading activity remained consistent after these surges, indicating steady buyer interest and stronger market engagement compared to early July. This rise in participation supports the bullish price structure.
Short-Term Momentum Builds on 4-Hour Chart
On the 4-hour timeframe, XDB broke above its 20-period moving average on August 3, accompanied by expanding Bollinger Bands. The price climbed from 0.00005700 USDT to a mid-August peak of 0.00007799 USDT.
In that surge, the stochastic RSI hit overbought levels, pushing past the 90 mark. This signaled strong near-term momentum. The moving average now slopes upward, providing dynamic support. Recent candles show expanded bodies and elevated volume, suggesting sustained bullish pressure.
With the long-term wedge break intact, rising volume, and short-term trend confirmation, XDB stands at a critical point. Holding above current supports could set the stage for a push toward early resistance levels before challenging larger breakout targets.
