Market Stats and Forecasts
XDC Network Description
XDC network, which is also formerly known as XinFin network, is a public blockchain platform specially designed to resolve the scalability and transaction challenges faced by traditional blockchains. The main aim of this network is to provide a strong infrastructure for real-world applications, mostly in the finance, trade and supply chain management sectors. XDC token is the heart of SDC network, and this is a native token which serves several functions within the ecosystem. The prime use case of this token is it is used as a medium of exchange for transactions happening on the network. XDC token holders can participate in the network governance and vote for the platform’s development decisions.
This network also allows users to earn rewards by contributing to the network security. When it comes to security, XDC is secured, and it works on a hybrid consensus mechanism. This mechanism combines the advantages of both Delegated Proof of Stake (DPoS) and Proof of Stake (PoS) to achieve high throughput and low transaction fees. This is a unique approach which enables the network to process a substantial number of transactions per second and makes it suitable for handling real-world applications that demand quick settlement times. The XDC network has very much focused on its potential to transform trade finance.
By using blockchain technology, the network can restructure trade processes, reduce paperwork and enhance transparency. XDC is available for trading on several reputed exchanges like KuCoin, Bybit, MEXC and Bitfinex. The use cases of XDC tokens are vast and crucial which can bring a huge change in blockchain technology. The demand for this token in the upcoming days will grow remarkably, but the network needs to focus on developments in technology. If you are an investor, then we suggest you opt for this token for the future to experience its amazing use cases and other benefits.
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of XDC Network, Our analysis, guided by the machine learning experts, yields forecasts for XDC Network price trajectory up to 2024. With a comprehensive understanding of XDC Network historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 1 and an error value of 0.92%.
For the year 2024, our analysis indicates a projected yearly low of $0.0306, with the high anticipated to reach $0.0465. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
Date | Low | Average | High | ROI |
2024-09-15 | 0.0344 | 0.0355 | 0.0366 | 1.10 |
2024-09-16 | 0.0341 | 0.0348 | 0.0358 | -0.01 |
2024-09-17 | 0.034 | 0.0351 | 0.0361 | -1.11 |
2024-09-18 | 0.0337 | 0.0348 | 0.0361 | -1.11 |
2024-09-19 | 0.033 | 0.034 | 0.0354 | -2.20 |
2024-09-20 | 0.033 | 0.0336 | 0.0343 | -3.28 |
2024-09-21 | 0.0333 | 0.0344 | 0.0357 | -2.21 |
2024-09-22 | 0.033 | 0.034 | 0.0354 | -2.21 |
2024-09-23 | 0.0337 | 0.0352 | 0.0365 | -0.06 |
2024-09-24 | 0.0337 | 0.0344 | 0.0354 | -1.16 |
2024-09-25 | 0.0333 | 0.034 | 0.0351 | -1.16 |
2024-09-26 | 0.0341 | 0.0348 | 0.0358 | 1.01 |
2024-09-27 | 0.0352 | 0.0355 | 0.0362 | 2.13 |
2024-09-28 | 0.0352 | 0.0363 | 0.0373 | 2.13 |
2024-09-29 | 0.0352 | 0.0363 | 0.0373 | 2.13 |
2024-09-30 | 0.0352 | 0.0363 | 0.0373 | 2.13 |
2024-10-01 | 0.0348 | 0.0351 | 0.0358 | 1.00 |
2024-10-02 | 0.0352 | 0.0359 | 0.0369 | 2.11 |
2024-10-03 | 0.0344 | 0.0352 | 0.0362 | 2.11 |
2024-10-04 | 0.0355 | 0.0363 | 0.037 | 3.24 |
2024-10-05 | 0.0359 | 0.0371 | 0.0381 | 4.37 |
2024-10-06 | 0.0363 | 0.0371 | 0.0382 | 6.67 |
2024-10-07 | 0.0359 | 0.0371 | 0.0382 | 5.50 |
2024-10-08 | 0.0367 | 0.0375 | 0.0386 | 6.66 |
2024-10-09 | 0.0367 | 0.0375 | 0.0386 | 6.66 |
2024-10-10 | 0.0356 | 0.0371 | 0.0385 | 5.48 |
2024-10-11 | 0.0359 | 0.0367 | 0.0377 | 4.32 |
2024-10-12 | 0.0359 | 0.0371 | 0.0385 | 5.47 |
XDC Network Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,XDC Network is forecasted to achieve its peak value in 2025 at approximately $0.0726, while potentially dipping to a low of $0.0363. The average trading value during this period is projected to hover around $0.0636.XDC Network Price Prediction 2026
In 2026, XDC Network is anticipated to potentially reach its peak value of $0.109, with a possible lower value of $0.0587. The average trading value for this period is estimated to be approximately $0.0971.XDC Network Price Prediction 2027
As we look ahead to 2027, the trajectory of the XDC Network coin may offer investors unexpected turns. Projections suggest peaks hitting $0.147 and lows stabilizing around $0.0811, with an average trading value resting near $0.133.XDC Network Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the XDC Network coin. Projections point towards a maximum value of $0.216, a minimum of $0.114, and an average value of approximately $0.194.XDC Network Price Prediction 2029
Our market analysis indicates optimistic prospects for the XDC Network crypto in 2029, with projected peaks at $0.312 and floors at $0.174. Moreover, the average trading value of this coin is anticipated to hover around $0.284.XDC Network Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the XDC Network token. Projections indicate highs near $0.501, potential lows around $0.242, with an average value of about $0.457.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $0.0275 by the Sep 15, 2024. The Relative Strength Index (RSI) stands at 1.9720, indicating a Rise market stance. Overall, while the long-term forecast is Sell.
About xdc
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Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Sell
The XDC Network is predicted to surge by 2.84% to $0.0351 by Sep 17, 2024, though current indicators show a Bearish sentiment with 17 out of 30(57%) green days and a notable 3.85% price volatility over the past month.