XDC Network Soars 11% as Bitcoin Ranges: Price Surges 90% in 30 Days

• XDC Network (XDC) is up by more than 11% in the last 24 hours, representing a nearly 100% increase on the monthly timeframe.
• XDC has forged a strategic partnership with Tokyo-based financial holding company SBI, which sparked a 28% price gain.
• As of the latest data, the price of XDC Network (XDC) stands at $0.060794, reflecting an 11.6% increase in the past 24 hours and a 52.81% price growth over the past seven days.

XDC Network Soars

XDC Network (XDC) is up by more than 11% in the last 24 hours, representing a nearly 100% increase on the monthly timeframe as Bitcoin (BTC) fluctuates between $29,000 and $31,000. Interest in XDC seems to be increasing due to its recent surge and partnerships.

Partnership with SBI

In June, XDC Network forged a strategic partnership with Tokyo-based financial holding company SBI. This collaboration aims to expand XDC’s presence in Japan, known for its growing interest in blockchain technology. The announcement of this partnership sparked an impressive 28% price gain on the charts for XDC tokens.

Current Price Action

As of the latest data, the price of XDC Network (XDC) stands at $0.060794 which reflects an 11.6% increase in value within 24 hours and an overall 52.81 % price growth over seven days . With a current circulating supply of 14 billion XDC tokens ,the market cap of XDC Network stands at $842 million dollars . In comparison ,over 30 days it has had an impressive 90 % plus percentage jump .

Breaking Through Resistance Levels

The recent spike in price has surpassed its initial key resistance level at $0.045 . Having broken through this level ,it could prove to be strong support going forward . This achievement opens up further opportunities for growth as it looks towards achieving its next resistance level , predicted to be around $ 0 .069 mark .

Conclusion

It appears that interest is growing steadily when it comes to investing in XCD tokens due to its surge ,partnerships and breaking through initial key resistance levels . All signs point towards further potential growth opportunities for investors looking into this cryptocurrency space .