The post After Double-Digit Gains, Prices of XDC Network, IOTA, & AIOZ Network Primed for a 50% Rise—Is a New ATH on the Horizon? appeared first on Coinpedia Fintech News
The crypto markets seem to have kicked off a fresh rally as the prices of the majority of them have surged by a large margin. The leader of the top performers in the top 100 is the XDC network, which ranges very close to its ATH, while IOTA & AIOZ prices seem to be at the foothills of a massive explosion. Here’s what’s next.
XDC Network (XDC) Price Analysis
The XDC Network has risen by over 75% since the start of the year, bringing to it’s total gains over 300% since the breakout in October 2024. The token is demonstrating a similar rally that it displayed during the 2021 bull when it surged by over 2,800% to mark new ATH at $0.1939. Meanwhile, the current trade setup suggests the price is due for a 60% upswing in the first phase, which may push the XDC price above $0.2 in the upcoming days.
The token attracted a notable amount of volume throughout 2024, which has revived the possibility of forming a new ATH soon. Interestingly, the RSI is displaying a similar action as in 2021, hinting towards a probable bullish rebound. Meanwhile, the OBV remains incremental, suggesting the continuation of a bullish trend. Therefore, the XDC price is expected to rise to the resistance zone between $0.139 and $0.15 and after surpassing these levels, a new ATH at $0.21 could be imminent.
IOTA (IOTA) Price Analysis
The IOTA price broke above the bearish influence before the end of 2024 and has been consolidating around the gained levels. While the 200-day EMA is offering a strong base for over a few days, a 20% rise from the current levels could validate a 65% rise in the second half of the month. However, marking new yearly highs may not be easy for the IOTA price rally, as the bears seem to have capitulated levels at $0.41.
The IOTA price has been stuck within the 0.382 & 0.5 FIB levels since the start of the year, displaying the growing strength of the bulls. Besides, the volume has surged over the levels it traded during the 2021 bull run, indicating a rise in the trader’s interest in the token. The bulls are trying hard to push the prices above $0.37, which has been a major barrier since November 2023. Therefore, as long as the IOTA price remains above the trend line, the possibility of a bullish continuation to $0.5 remains high.
AIOZ Network (AIOZ) Price Analysis
The AIOZ Network price has been maintaining a consolidated ascending trend and, after failing to surge above the resistance, has dropped below the support zone between $1.1 and $0.99. Besides, the volume has risen over some range, suggesting a rise in the bullish momentum with a rise in the trading activity. Therefore, the AIOZ price is expected to rise above the support-turned-resistance zone in a short while from now.
The RSI is trying to validate a bullish divergence while the MACD is about to undergo a bearish crossover as the selling pressure has dropped. This may drag the levels slightly below $0.7, which may further trigger a strong rebound back above $1. Once the levels surge above $1, the bulls are expected to defend the support and break above the resistance of the rising wedge. As a result, a corrective move back to $1 is expected, which may further lay down the path towards unexplored highs beyond $2.
