xcnprice

The recent #xcnprice action featured an impressive rally, gaining 11.2% during the last 7 days and reaching $0.018. While the short-term price movement appears bullish, key findings from XCN technical analysis advise caution. Key cryptocurrency indicators, such as RSI, ADX, and narrowing EMAs, suggest a possible cooling phase for XCN soon. As May approaches, traders are closely watching Onyxcoin’s trend analysis to see if its upward trend continues or consolidation begins.
Following a volatile week, #XCN price presents both potential opportunities and inherent market risks. The RSI rebound signals easing selling pressure, although it is insufficient to confirm a fresh uptrend. Similarly, Onyxcoin trend analysis using the ADX indicates the uptrend persists, but momentum is slightly diminishing. Narrowing EMA gaps underscore the need for cautious optimism as bulls defend vital support levels and challenge resistance zones.
What Does #Onyxcoin ’s RSI Neutrality Signal Now?
After recent volatility, Onyxcoin’s Relative Strength Index stabilized at 48.89 following a sharp drop from 75 just five days prior. This recovery indicates easing immediate selling pressure, positioning XCN squarely in neutral territory. This mid-range reading allows for potential upward or downward shifts based on evolving market dynamics, away from extreme levels. Investors are observing closely to see if buying interest will strengthen sufficiently to push prices upward against technical resistance.
The RSI’s fluctuation is significant, reflecting shifts in internal market sentiment. As a key cryptocurrency indicator, the RSI showing a neutral signal means the immediate future remains uncertain. Continued stabilization might allow bullish momentum to build, potentially driving XCN toward earlier peak price levels. A sudden selling surge, however, could easily disrupt this equilibrium, pushing the cryptocurrency toward oversold conditions.
Is Onyxcoin’s Upward Trend Faltering?
Although the general uptrend holds, Onyxcoin trend analysis via the ADX shows a sharp fall to 23.64. This decreased trend strength, as highlighted by cryptocurrency indicators like the ADX, suggests that buyer control persists, albeit with reduced strength. An ADX value over 25 usually indicates a strong trend; XCN currently rests just beneath this critical level. The softening index reading causes concern that the uptrend might shift sideways or reverse without renewed buying pressure.
Traders should note that a weakening ADX often signals a period of consolidation, particularly after significant price increases. Potential profit-taking after April’s substantial gains might contribute to increased volatility amid unclear directional strength. Failure by bulls to inject fresh market energy could make it difficult for XCN to achieve higher prices. Conversely, an ADX rebound might confirm that the recent pause was merely a temporary cooling phase in the market.
XCN Support Holds, But Do EMAs Foretell a Shift?
#Onyxcoin successfully holding the crucial $0.018 support level recently represents a significant positive sign for bullish participants. However, XCN technical analysis reveals technical weaknesses, visible in shrinking EMA gap formations. Although the EMA structure is still technically bullish, this convergence indicates slowing momentum, suggesting imminent decisive XCN price action upward. If XCN sustains support and attracts fresh buying interest, retesting the $0.024 resistance seems achievable.

XCN/USD daily chart – Published on TradingView, April 29, 2025
The inability to hold the $0.018 support might trigger a deeper pullback towards the $0.016 mark, erasing recent gains. On the other hand, a decisive break above the $0.024 resistance could pave the way towards the $0.027 target. Reaching $0.027 could effectively reignite bullish sentiment. Currently, converging EMA bands suggest that Onyxcoin is near a critical juncture for its future price action.
Onyxcoin at a Crossroads: What’s Next for XCN Price Action?
XCN’s latest rally was notable, but diminishing momentum revealed by the XCN technical analysis deserves careful examination. Based on a neutral RSI, a weakening ADX, and converging EMAs, technical analysis suggests considerable uncertainty ahead. The coming days will be critical in determining whether XCN consolidates its gains in preparation for another upward move. Alternatively, increased selling pressure could take control, pushing prices lower.
With the market processing recent developments, investors and traders must anticipate heightened volatility. Essential for predicting the near-term direction is closely watching the $0.018 support and resistance near $0.024. A significant break either way will likely dictate XCN’s performance trajectory heading into early May trading sessions. Cautious optimism persists, but renewed momentum is crucial for the uptrend to continue.

Onyx Coin Price Prediction 2025: What’s Next for XCN?
XCN Price Skyrockets Over 1400% in Two Weeks
XCN's price has surged more than 1400% in the last two weeks. After Nov 2022 the price was seen yesterday consisting of an upward movement. Onycoin (XCN) prices have recently risen in the aftermath of the settlement of a long-running dispute between Justin Sun and HTX Global that began in 2022.
Will the XCN Rally Continue?
On the daily chart, Onyxcoin (XCN) price has shown long-term price consolidation at around $0.00200. Over the last month, the coin's rally has increased by nearly 2000%, following a 1400% increase in just two weeks. The Altcoin is currently trading at $0.03700, up 10.70% in the last 24 hours, and has a market capitalization of $1.66 billion.
If XCN's price surpasses its recent high of around $0.05000, the next target could potentially be near $0.08000.
Liquidations Spike Amid Market Volatility
According to Coinglass, In the past 24 hours, total liquidations reached $2.18 million, with $651,000 from long positions and $1.53 million from short positions. This highlights a significant imbalance, with short positions facing heavier losses, reflecting market volatility and potential bullish momentum impacting traders' strategies.

What’s Next for XCN?
On January 23, the Onyxcoin price broke out of a symmetric triangle pattern, resulting in a 135% price surge. However, the altcoin later moved back into the triangle before breaking out again yesterday, surpassing 2022 levels. A brief retracement occurred near the psychological level of $0.05000, causing a 27% dip.
Analyzing the 2-hour chart, XCN's price is forming higher highs and lower lows, suggesting further upward potential. If Onyxcoin can maintain its bottom, the next support is around $0.03000. Should the bulls hold this level, the price could rally toward the upper band near $0.05000.

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XCN News: Is a 1500% Surge Coming After Whitepaper Reveal?
On February 3rd, XCN unveiled its whitepaper, introducing an innovative modular Layer 3 blockchain built on Arbitrum and secured by Base. This new framework incorporates on-chain $XCN burns using the EIP-1559 mechanism, enhancing its economic model.
Understanding XCN Tokenomics
XCN's tokenomics are structured to ensure long-term economic stability by balancing supply, utility, and incentives within the Onyx ecosystem. The distribution and allocation strategy supports network expansion, encourages governance participation, and provides staking rewards. Here’s an overview of its structure:
Maximum Supply: Capped at 68,892,071,757 XCN, determined by previous conversions.
Total Supply: Reduced to 48,402,437,326 XCN from the original cap.
Circulating Supply: Currently stands at 32,543,299,886 XCN, fluctuating based on staking, token burns, and emissions.
Onyxcoin's Explosive Growth
Onyxcoin (XCN) has experienced a staggering 20x increase, skyrocketing from $0.002 to nearly $0.05 in just a few months. As a result, XCN has captured significant attention in the altcoin market.
Currently, XCN is priced at $0.03184, with a 24-hour trading volume of $564.28 million. The token boasts a market capitalization of $991.41 million, with a circulating supply of 32,593,973,986 XCN tokens and a maximum supply of 48,402,437,326 XCN tokens.
Short-Term XCN Price Prediction
Based on technical analysis of the hourly chart, the XCN/USDT pair appears to be forming a descending triangle pattern, which is typically a continuation pattern. Currently, the price is testing the upper resistance trendline.
Bullish Scenario:
If the XCN price breaks above the descending triangle, it could see an upward move toward the $0.041 - $0.045 resistance levels, aligning with the 0.786 and 1.0 Fibonacci levels.
A decisive break above $0.034 could confirm a bullish move, with further potential for growth beyond $0.05.
Bearish Scenario:
If XCN faces rejection at resistance, a pullback to the $0.025 - $0.022 support zone is likely before another breakout attempt.
A drop below $0.025 could signal further downside, potentially leading to support at $0.019 - $0.017.
The Relative Strength Index (RSI) is currently at 58, indicating neutral momentum with room for further upside.

XCN Price Outlook Based on 4-Hour Chart Analysis
The descending trendline remains a key resistance level for XCN. Whether the price breaks above this trendline will determine the next price movement. With the RSI near 53, momentum remains neutral, meaning volume and breakout strength will play a critical role in determining the next move.

Final Thoughts
XCN’s recent price surge and strong fundamentals have placed it in the spotlight. However, market participants should keep an eye on key resistance and support levels to gauge the next price action. A break above $0.034 could confirm a bullish breakout, while failure to sustain above $0.025 might indicate further downside risks.
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