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The XDC Network price soared 11% in the last week and over 2% in the last 24 hours, trading at $0.06514 as of 1:12 a.m. EST, with trading volume surging 28% to $32 million.
Can the weekly gains continue over to another week?
XDC Network Price Prepares For A Breakout Above This Resistance
The XDC price has been trading within a well-defined falling wedge pattern, which typically breaks out in a bullish movement.
XDC now seems to be breaking out above the wedge, as it is trading within the upper boundary of the wedge, which suggests an incoming bullish trend.
As a result of the breakout, the price of XDC Network has since climbed above the 50-day Simple Moving Average (SMA) ($0.06184), but the 200-day SMA acts as the immediate resistance at $0.077.
Meanwhile, the Relative Strength Index (RSI) has climbed above 62, breaking through the midpoint of 50 and approaching overbought territory (typically above 70). This suggests increasing buying pressure and bullish momentum.
Given the classic falling wedge breakout, strengthening RSI, and recovery above shorter-term moving averages, XDC appears poised for a short- to medium-term bullish trend.
If this momentum continues to rise, the next key target would be the 200-day SMA at $0.077, followed by psychological resistance levels around $0.09 and $0.10 if momentum continues.
However, failure to sustain momentum above the 200-day SMA could lead to a pullback toward $0.061.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, HYPER has the potential to soar 10X after launch.
Bitcoin Hyper Presale Racing Toward The $2.5 Million Mark
Bitcoin Hyper has entered the crypto scene as an ambitious Bitcoin layer-2 solution, currently in presale and already gaining traction, having raised over $2.06 million.
Although Bitcoin dominates the crypto space, its network lacks the speed needed for modern use.
With layer-2 networks becoming increasingly vital for scalability and speed, Bitcoin Hyper is positioning itself as a breakthrough platform to bring faster and cheaper transactions to the Bitcoin ecosystem.
Bitcoin Hyper is here to supercharge Bitcoin.
Built on the Solana Virtual Machine, it brings lightning-fast, low-cost transactions to Bitcoin’s ecosystem perfect for payments, meme coins, and powerful dApps.
With zk-proofs and Layer 1 anchoring, it’s fast and secure.
Presale is… pic.twitter.com/qMi0sZb7Ld— halo (@haloETH) May 11, 2025
This new layer-2 runs on the Solana Virtual Machine (SVM), enabling fast transaction speeds, lower fees, and support for high-performance applications. The project will utilize a Canonical Bridge to track BTC deposits and reflect them on the layer-2 network.
If you buy and stake now, you can also unlock a 387% annual return. However, this rate decreases as more people join, so it’s best to get in early.
Investors interested in participating in the presale can visit the official Bitcoin Hyper website to buy HYPER tokens for $0.012175 each using crypto or a bank card.
Buy before the next price increase in about 9 hours.
Visit the Bitcoin Hyper website.
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