- XDC rose more than 10% to over $0.037 on May 15, reaching its highest level since early March.
- Support includes a combination of DTCC and Bitcoin rally.
- The technical chart shows resistance at $0.040.
The price of XDC Network rose by double digits to a high of $0.037 on May 15, pushing the token’s price to its highest level since early March.
XDC is now hovering near the resistance line formed from the end of January 2026, but can it rise?
XDC’s margins are rising as market sentiment grows
As we have seen, XDC took a big hit on May 15, rising more than 10% during the day as buyers re-entered the market.
The move lifted the indicator to levels not seen since early March, placing it directly below the horizontal level found near $0.040.
Trading volumes rose in the lead-up, reflecting optimism among those speculating whether late January resistance could turn into support.
But why did the price of XDC Network increase in the last 24 hours?
The XDC conference coincides with a lot of strength in the crypto market, led by Bitcoin’s return to $80,000.
This recovery led many altcoins to recoup their losses in this week’s heavy sell-off, creating a bullish trend in favor of XDC.
Beyond the market cap, a number of project-related incentives may have helped boost demand.
This includes the potential creation of a digital asset for the Depository Trust & Clearing Corporation.
DTCC, which begins trading in July ahead of a full launch in October 2026, has drawn attention to XDC along with XRP, Chainlink, Quant, and Hedera (HBAR).
While XRP is moving forward as the top token for post-trade stability, XDC appears to be the primary means of managing loans and letters of credit. Contour’s purchase of XDC, which was completed in 2025, confirms this.
The price of XDC shares
The recent gains have seen XDC’s price continue its downward trend that has seen prices hit since late January.
The bull is now facing a horizontal area found at around $0.040, which is also in line with the 200-day moving average (EMA).
A definite break and daily close above this level would confirm a strong bullish move and could open up new trades around the $0.046-$0.052 supply zone.
This area shows a density that is similar to the previous density and can be the next resistance group.
However, the bulls should first hold the recent level of $0.037. Failure to do so would raise the possibility of a return to the 100-day EMA near $0.033.
In heavy selling, the February low near $0.029 is a target for short-term traders looking for a correction.
