XDC Network price outlook: Can bulls go higher as $0.037 breaks?

$XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March.

Catalysts include potential DTCC integration and Bitcoin rally.

The technical picture highlights resistance at $0.040.

$XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the token’s value to its highest level since early March.

$XDC now hovers near the key resistance line formed since late January 2026, but can it go higher?

$XDC edges higher as market sentiment improves

As noted, $XDC rallied sharply on May 15, rising more than 10% intraday as buyers re-entered the market.

The move lifted the token to levels not seen since early March, placing it directly beneath a horizontal supply zone near $0.040.

Trading volumes rose alongside the advance, signalling conviction among participants who are testing whether the late-January resistance can be turned into support.

But why did the $XDC Network price surge in the past 24 hours?

The $XDC rally coincides with broader strength in the crypto market, led by Bitcoin’s reclaiming of the $80,000 mark.

That recovery prompted many altcoins to retrace losses they incurred during a macro-driven sell-off this week, creating a risk-on backdrop that supported $XDC.

Beyond market-wide tailwinds, several project-specific catalysts likely have recently helped to amplify demand.

This includes the potential adoption as a key digital asset of the Depository Trust & Clearing Corporation.

DTCC, debuting trading in July ahead of full-scale launch in October 2026, has ignited interest in $XDC alongside $XRP, Chainlink, Quant, and Hedera (HBAR).

While $XRP gains momentum as the top token for institutional post-trade settlement, $XDC looks to stand out as the primary rail for tokenized bills of lading and letters of credit. $XDC’s Contour acquisition, completed in 2025, cements this outlook.

$XDC Network price forecast

The latest gains have pushed $XDC price further from a descending wedge pattern that had compressed price action since late January.

Bulls are now confronting a horizontal supply zone around $0.040, which also aligns with the 200-day exponential moving average (EMA).

$XDC Network price chart by TradingView

A decisive break and daily close above this level would likely confirm bullish momentum and could open up fresh bids around the $0.046-$0.052 supply zone.

The area marks the range that corresponds to prior congestion and could be the next resistance cluster.

However, bulls must first hold the recently breached $0.037 level. Failure to do so would raise the probability of a pullback to the 100-day EMA near $0.033.

On heavier selling, February’s lows near $0.029 become a plausible target for short-term sellers seeking to reassert control.