Analysis of the XDC chart shows the formation of a falling wedge, which in the past has led to significant price increases. Experts speculate about a new rally.
Chart Pattern: Falling Wedge
The falling wedge is a chart pattern characterized by a slow price decline within a tight range. Once a breakout occurs, it often leads to a strong rally.
XDC Price History and Previous Breakouts
In **December 2022**, XDC broke out of a falling wedge and surged by **285%**. In **November 2024**, a similar breakout resulted in a **440%** increase.
Current Situation and Forecasts
Currently, XDC is moving within the wedge, and traders are watching for a potential breakout. If the price moves upward with strong momentum, it could indicate the start of another rally.
The formation of the falling wedge for XDC provides grounds to anticipate new growth if current market conditions remain favorable. Investors and traders are closely monitoring the developments.
