Altcoins

After Double-Digit Gains, Prices of XDC Network, IOTA, & AIOZ Network Primed for a 50% Rise—Is a New ATH on the Horizon?

The crypto markets appear to have kicked off a recent rally as the costs of the vast majority of them have surged by a big margin. The chief of the highest performers within the high 100 is the XDC community, which ranges very near its ATH,  whereas IOTA & AIOZ costs appear to be on the foothills of a large explosion. Right here’s what’s subsequent. 

XDC Community (XDC) Value Evaluation

The XDC Community has risen by over 75% for the reason that begin of the 12 months, bringing to it’s whole positive aspects over 300% for the reason that breakout in October 2024. The token is demonstrating an identical rally that it displayed in the course of the 2021 bull when it surged by over 2,800% to mark new ATH at $0.1939. In the meantime, the present commerce setup suggests the value is due for a 60% upswing within the first section, which can push the XDC worth above $0.2 within the upcoming days. 

The token attracted a notable quantity of quantity all through 2024, which has revived the potential for forming a brand new ATH quickly. Curiously, the RSI is displaying an identical motion as in 2021, hinting in the direction of a possible bullish rebound. In the meantime, the OBV stays incremental, suggesting the continuation of a bullish development. Subsequently, the XDC worth is predicted to rise to the resistance zone between $0.139 and $0.15 and after surpassing these ranges, a brand new ATH at $0.21 may very well be imminent. 

IOTA (IOTA) Value Evaluation

The IOTA worth broke above the bearish affect earlier than the tip of 2024 and has been consolidating across the gained ranges. Whereas the 200-day EMA is providing a robust base for over a number of days, a 20% rise from the present ranges may validate a 65% rise within the second half of the month. Nevertheless, marking new yearly highs will not be simple for the IOTA worth rally, because the bears appear to have capitulated ranges at $0.41.

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The IOTA worth has been caught throughout the 0.382 & 0.5 FIB ranges for the reason that begin of the 12 months, displaying the rising power of the bulls. Apart from, the amount has surged over the degrees it traded in the course of the 2021 bull run, indicating an increase within the dealer’s curiosity within the token. The bulls try arduous to push the costs above $0.37, which has been a significant barrier since November 2023. Subsequently, so long as the IOTA worth stays above the development line, the potential for a bullish continuation to $0.5 stays excessive. 

AIOZ Community (AIOZ) Value Evaluation

The AIOZ Community worth has been sustaining a consolidated ascending development and, after failing to surge above the resistance, has dropped beneath the help zone between $1.1 and $0.99. Apart from, the amount has risen over some vary, suggesting an increase within the bullish momentum with an increase within the buying and selling exercise. Subsequently, the AIOZ worth is predicted to rise above the support-turned-resistance zone in a short time from now. 

The RSI is making an attempt to validate a bullish divergence whereas the MACD is about to endure a bearish crossover because the promoting strain has dropped. This may occasionally drag the degrees barely beneath $0.7, which can additional set off a robust rebound again above $1. As soon as the degrees surge above $1, the bulls are anticipated to defend the help and break above the resistance of the rising wedge. In consequence, a corrective transfer again to $1 is predicted, which can additional lay down the trail in the direction of unexplored highs past $2. 

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