• This article provides predictions for some of the top performers during the week, including XDC Network, Polkadot, and dYdX.
• XDC Network price has been in the green in the past five straight days and is now hovering at the highest level since April 2022.
• DYDX token price has done well in the past few days even as exchange volume has eased and Polkadot has been in a tight range this week with no ecosystem news.
Crypto Price Prediction Overview
This article provides an overview of crypto price predictions for three top performing cryptocurrencies: XDC Network, Polkadot, and dYdX.
XDC Network Price Prediction
XDC Network is a small layer-1 and EVM-compatible network with enterprise grade features that offers higher transaction speeds and lower costs. The coin has been on an upward trajectory over the past five days and is currently trading at its highest level since April 2022. It is also above both its 50-day and 25-day moving averages while its Relative Strength Index (RSI) is trading at an overbought level. Therefore, XDC’s rally may take a breather in the coming days with support being found at $0.035.
DYDX Price Prediction
The DYDX token price has enjoyed a strong performance over the past few days despite a slight drop in volumes within its ecosystem. Its daily chart shows that it rose from a June low of $1.3653 to $2.14 while its RSI moved above neutral point. Volume remains low so it could remain rangebound during this weekend’s trading session.
Polkadot Price Forecast
Polkadot’s price movements have been relatively subdued this week due to lack of any major ecosystem news but it still remains above key support levels such as $5.15 which was last seen on March 10th as well as slightly above its 50-day moving average line while its RSI index remains neutralized suggesting further consolidation ahead before major directional moves occur again either up or down..
Although these three coins have shown good momentum recently they are all likely to experience periods of consolidation before further directional moves can be expected, especially if volume continues to remain low across all markets..