
XDC Network has seen two consecutive days of price gains after bouncing off a key ascending trendline that has held for two weeks. Large holders, or whales, have been accumulating during this period of consolidation, signaling confidence despite market uncertainty. Additionally, 66% of futures traders hold long positions, indicating bullish sentiment. These factors combined suggest that buyers are aiming for the next resistance level at $0.037, with the potential for continued upward momentum if current conditions persist.