The token of the XDC Network faced selling at the resistance level of $0.051 on December 20, confirming this resistance level as a local supply area. Although the daily chart structure still shows a bearish trend, the asset has entered a short-term consolidation phase between $0.045 and $0.051. If it falls below $0.0460, it indicates that the bearish trend will continue; however, if it breaks through the high of $0.0518, it suggests a bullish trend is about to change. The key Fibonacci resistance levels are at $0.0489, $0.0496, and $0.0506.