XDC Price Surges to 52-Week High Amid SBI VC Trading Collaboration

Published 25/07/2023, 14:29
XDC Price Surges to 52-Week High Amid SBI VC Trading Collaboration

  • XDC price hits 52-week high after SBI VC Trading collaboration.
  • A bullish trend emerges in the XDC market, driving prices up by over 19%.
  • The overbought XDC market suggests a potential short-term pullback.

Early in the day, bears dominated the XDC Network (XDC) market; however, support was eventually achieved at the $0.04639 low. As a result, buyers were able to counteract the selling pressure, sending the XDC price soaring to a 52-week high of $0.06024 before a modest retreat.

This price spike was fueled by positive news about the project’s relationship with the Japanese cryptocurrency trading platform SBI VC Trading to sponsor WebX 2023. WebX 2023 is a widely anticipated event in the cryptocurrency sector that will draw worldwide attention and boost investor trust in XDC.

The collaboration with SBI VC Trade …

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