XDC Network recorded one of the three highest gains among the top 100 tokens by market capitalization in the past 24 hours, with a total market value of 719 million dollars. The Bull Bear Power indicator confirms a strong bullish presence, while the funding rate remains at 0.0050% and open interest surged 18% to reach 7.12 million dollars. However, the spot market netflow reached 1.08 million dollars over the same period, signaling persistent selling pressure that could slow the price rise above the identified supply zone. The bullish setup remains conditional on a convincing breakout above this resistance.
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