XDC price retraces after Binance US listing spike—here’s why the current dip is a smart entry

$XDC price surged 12% on news of Binance US listing, tapping the key $0.10 resistance before pulling back slightly, presenting a lucrative buy-the-dip opportunity within a broader uptrend.

$XDC Network ($XDC) price gained 12% yesterday as Binance US announced its listing, with trading beginning today. The price tested the psychological and technical resistance at $0.10 level — the peak of the 80% rally from year-to-date low of $0.055253 from late June.

$XDC price is now in a healthy retracement phase within its broader bullish trend. Currently trading at $0.098, the price remains comfortably above the 20-day EMA, which has been providing dynamic support throughout the recent rally and contained the recent dip to $0.080. Moreover, the prior resistance zone around $0.085–$0.088, which aligns closely with both the EMA and the ascending trendline support, is now poised to serve as a key demand area.

If buyers defend the $0.085–$0.088 zone, $XDC price could resume its upward trajectory with a renewed push above $0.10, potentially targeting the next resistance levels near $0.11 and $0.12. If this support breaks, it could open the door for a retest of the $0.080 level.

$XDC price retraces after Binance US listing spike—here's why the current dip is a smart entry - 1">

Source: TradingView

What’s driving $XDC uptrend?

The broader $XDC uptrend is underpinned by strong fundamental tailwinds:

1. Cross-chain expansion as a core growth driver

The most significant catalyst for the recent rally from the YTD low is $XDC’s recent integration with LayerZero, which officially went live on July 9. This upgrade enabled zero-slippage bridging of $XDC to major blockchain ecosystems, including Ethereum (ETH) and Solana (SOL). With $2.9 billion worth of gas tokens backing its utility, this upgrade has not only sparked speculative demand, but also reinforced long-term use-case driven accumulation.

2. Institutional adoption & regulatory alignment

In parallel, institutional momentum behind $XDC is building. The 21Shares $XDC Network ETP officially launched and began trading on Euronext Amsterdam and Paris in early July. Additionally, $XDC has taken a major step toward compliance with the EU’s MiCA framework through a strategic partnership with Archax, a regulated digital securities exchange and custodian.