XDC Network is currently forming a descending triangle pattern, raising alarms for a potential price drop. The price trend is consistently showing lower highs, indicating a weakening bullish momentum. Key support is being tested at the 200-day EMA, a decisive point for XDC's future direction. A break below this crucial level could see XDC plummet to around $0.043, marking a significant downtrend. The market's slow response is adding to the uncertainty, as buyers seem hesitant to step in. A death cross looms if XDC fails to maintain above the 200-day EMA, a bearish signal for traders. On the flip side, a bullish reversal from this point could propel XDC to as high as $0.53. This critical phase makes buying XDC a high-risk move, requiring careful consideration from traders. The current market dynamics and technical indicators suggest a precarious situation for XDC. Investors and traders are closely watching the 200-day EMA level for clues on XDC's next big move. The outcome of this pattern will be crucial for XDC's trajectory in the coming weeks.