Onyxcoin’s price triggers as the 24 -hour volume triggers 600%

Onyxcoin (XCN) is surpassing most of the Altcoins in the last 24 hours, since the interest in the Token makes its price shoot.

Attention to the XCN currency has seen its price rise more than 16% in the last 24 hours, with a volume that has triggered an amazing 600%.

With Onyxcoin considering a probable price in an important exchange, its price could rise to new maximums of several months.

Onyxcoin’s price shoots as the volume is triggered

The cryptocurrency market in general is experiencing a remarkable optimism, since Bitcoin’s resistance above $ 100,000 continues to drive merchants.

Ethereum’s profits have also caused the Altcoins to see a new traction, since investors seek to diversify their portfolios beyond Bitcoin.

While the fear and greed index, a key indicator of the feeling of the market, tends in the greed, small capitalizations such as Onyxcoin are charging impulse.

In the last 24 hours, the price of Onyxcoin has risen more than 16%, reaching $ 0.022.

The Token quoted at least $ 0.016. Amid this promoted yield, XCN has registered a daily volume of more than 210 million dollars.

This remarkable performance has positioned XCN as one of the main winners in the cryptocurrency market.

Speculation about a possible binance contribution has the market in anticipation of new profits, which is the case if the bulls continue to dictate the feeling.

“The cryptocurrencies are leading the rebound. $ BTC is approaching the historical maximums, $ eth is updating, and with coinbase ready to join the S&P 500 on May 19, digital assets can see a new wave of tickets,” pointed out QCP Capital.

XCN price analysis

Onyxcoin’s price action seems to be the current movement and technical indicators. A look at the graphics shows that there is a remarkable resistance around 0.023 dollars.

However, above this, buyers may want to press to test the obstacle near USD 0.030 and the maximum of a year of USD 0.35.

The indicators of the relative force index (RSI) and the divergence of convergence of the mobile average (MacD) in the daily chart align with this perspective.

If the bullies manage to overcome the resistance at the USD level 0.023, they could take new maximums of several months and point to new profits.

XCN graph of tradingview

However, a fall at $ 0.016 could accelerate sales, with a possible break that takes prices to the minimum of $ 0.0084 reached in early April 2025.

The long -term descending trend line gave way to recent profits, but the bulls are not completely out of danger.

Despite this, the huge volume, together with the broader feeling of the market, suggests that Onyxcoin could be positioned for a new bullish section.