Crypto Express

07/31 03:39

XDC Buyers return, but will they hold?

After taking a step back as XDC retraced to a local low of $0.079, buyers returned with strength.

According to Coinalyze, XDC Network recorded three consecutive days of positive Buy-Sell Delta, thus boosting price recovery.

On the 19th of July, the altcoin saw 13.06 million in Buy Volume compared to 8.41 million tokens in Sell Volume. A similar pattern emerged on the 30th of July, with Buy Volume reaching 376k while Sell Volume reached 358k.

As a result, the altcoin saw two consecutive days of positive deltas of 4.66 million and 17k, respectively. Typically, sustained positive market delta signals indicate increased accumulation. 

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