๐๐ฃ๐ฎ๐ญ๐๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐ค๐๐ง๐จ ๐๐จ 24-๐๐ค๐ช๐ง ๐๐ค๐ก๐ช๐ข๐ ๐๐ญ๐ฅ๐ก๐ค๐๐๐จ 600%
Onyxcoin (XCN) is outpacing most altcoins, with a massive surge in price and trading volume over the past 24 hours.
๐น Price and Volume Surge
โ๏ธ XCN price jumped over 16%, hitting $0.022 from lows near $0.016.
โ๏ธ Trading volume exploded by 600%, reaching $210 million in daily volume.
โ๏ธ Onyxcoin is now one of the top gainers in the crypto market.
๐น Market Context
โ๏ธ Bitcoinโs resilience above $100k and Ethereumโs gains have sparked optimism in altcoins.
โ๏ธ The fear and greed index is in the greed zone, boosting momentum for small-cap tokens like XCN.
โ๏ธ Speculation about a potential Binance listing fuels bullish sentiment.
๐น Technical Outlook
โ๏ธ Key resistance is around $0.023.
โ๏ธ A break above could see XCN test $0.030 and even one-year highs near $0.35.
โ๏ธ RSI and MACD indicators support a bullish trend.
โ๏ธ However, a drop below $0.016 risks a deeper decline toward $0.0084 seen in early April 2025.
๐น What Experts Say
QCP Capital highlights:
โCrypto is leading the rebound. $BTC nears ATHs, $ETH catches up, and Coinbase joining the S&P 500 on May 19 could trigger fresh inflows.โ
โก๏ธ Summary
With booming volume and positive market sentiment, Onyxcoin looks set for a potential new leg up โ but bulls must overcome resistance near $0.023 to keep momentum alive.
