XDC Network (XDC) is currently priced at $0.05992, reflecting a slight decline of 0.87% over the past 24 hours. The trading volume stands at approximately 34.9 million, with the volume-to-market cap ratio at 3.59%, indicating moderate trading activity relative to its market capitalization.

The daily trading range has been narrow, with a high of $0.060696 and a low of $0.059567. Short-term moving averages show a slight downward trend, with the 8-period SMA at $0.0599, the 13-period SMA at $0.0600, and the 21-period SMA at $0.0602, all indicating bearish momentum.

The 1-hour Relative Strength Index (RSI) is at 40, suggesting that XDC is nearing oversold conditions, while the 7-day RSI at 49 indicates a neutral market sentiment. Over the last week, XDC has experienced a price drop of approximately 5.81%, and a significant decline of 16.28% over the last two weeks further emphasizes the ongoing bearish trend.

Considering the historical price data, XDC's all-time high stands at $0.192754, achieved in August 2021, which illustrates a significant downside potential from its current price level. The 30-day price change of -17.44% confirms a broader bearish trend, with recent price movements failing to regain upward momentum.

Given the current technical indicators, including the downward pressure from moving averages and the RSI readings, it appears that XDC is in a consolidation phase with limited upward potential in the short term. Therefore, the recommendation is to Hold, as the asset may present a better entry point if further downside is confirmed or if bullish signals emerge in the near future.