XDB coin price shows a 50% jump within this week, resulting in an uptrend crossing above most of the EMAs and the $0.35 mark.

Key technical points:
<ul>
 	<li style="font-weight: 400">The MACD and signal lines give a bullish crossover.</li>
 	<li style="font-weight: 400">The XDB coin price has increased by 18.34% within the last 24 hours.</li>
 	<li style="font-weight: 400">Finally, the 24-hour trading volume of DigitalBits is $3.51 Million, marking a 140% rise.</li>
</ul>
<h2>Past Performance of XDB</h2>
The XDB coin price action shows a sharp V-shaped reversal in the daily chart after the 35% downfall observed in the first week of April. However, the bulls regain their stand near $0.25, resulting in a high-momentum uptrend reaching the $0.40 mark. However, the supply-rich barrier and the sideways moving EMAs trap the bullish momentum and keep the price under the $0.40 mark.

<img src="https://s3.tradingview.com/snapshots/o/OwrakYdY.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/OwrakYdY/" target="_blank" rel="nofollow noopener">Tradingview</a>
<h2>XDB Technical Analysis </h2>
XDB coin price shows the bullish uptrend crossing multiple resistances last week but struggles to find a closing above $0.40. Hence, traders can expect the $0.40 breakout as an excellent buying spot.

The crucial daily EMAs maintain a sideways trend in the daily chart with a choppy alignment enclosing the underlying nature of the EMAs. However, the prices trading close to the EMAs might shortly result in a bullish breakout.

RSI Indicator: The daily-RSI slope shows a significant rise in the underlying bullishness, reversing from the oversold zone crossing above the 50% line. Moreover, the 14-day average line gets the bullish influence and attempts to exit the nearly oversold zone.

MACD Indicator: The MACD and signal lines give a bullish crossover in the negative territory and initiate a bullish trend in the MACD histogram. Hence, the indicator shows a buy signal for the DigitalBits token.

In a nutshell, the <a href="https://www.cryptoknowmics.com/news/snx-technical-analysis-high-supply-inflow-traps-bullish-trend/">XDB </a>technical analysis highlights the increased possibility of a bull run surpassing all the crucial EMAs.
<h2>Upcoming Trend </h2>
The XDB/USD daily chart displays a momentum-packed bullish trend approaching the $0.40 mark after a fall to the $0.25 mark. However, the bullish trend faces opposition near the sideways moving EMAs and eyes the $0.50 mark.

Support Levels: $0.37 and $0.27

Resistance Levels: $0.50 and $0.65

XDB Technical Analysis: Bulls Ready To Outperform Crucial EMAs

XDB coin price shows a 50% jump within this week, resulting in an uptrend crossing above most of the EMAs and the $0.35 mark.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

XDB Technical Analysis: Bulls Ready To Outperform Crucial EMAs

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