Onyxcoin
$XCN Spiked 70% Today Becoming the Only Top Performing AltcoinThe price of Onyxcoin ( SEED_DONKEYDAN_MARKET_CAP:XCN ) saw a noteworthy uptick in price today- surging nearly 80% amidst crypto market dip becoming the top performing altcoin today.
The price of Bitcoin ( CRYPTOCAP:BTC ) loses the $80k Support reverting to the $70k Zone, so as its compatriot Ethereum ( CRYPTOCAP:ETH ) dipping to the $1500 price zone.
As of the time of writing, SEED_DONKEYDAN_MARKET_CAP:XCN is up 35%. The 4-hour price chart depicts a bullish symmetrical triangle with the ceiling already broken prior the 70% surge.
The pattern is already in place, should a bullish momentum be exerted on the altcoin, we might see a 350% surge to recent highs before consolidation.
What Is Onyxcoin (XCN)?
Onyx is a web3 blockchain infrastructure that enables organizations to build better financial services from the ground up. Onyxcoin is the protocol’s governance and utility token which governs the network through the Ethereum blockchain.
Onyxcoin Price Live Data
The live Onyxcoin price today is $0.016685 USD with a 24-hour trading volume of $405,536,117 USD. Onyxcoin is up 61.70% in the last 24 hours. The current CoinMarketCap ranking is #95, with a live market cap of $543,817,218 USD. It has a circulating supply of 32,592,684,478 XCN coins and a max. supply of 48,402,437,326 XCN coins.
XCN has serious breakout potential on the 5th wave count.XCN went on a massive run over the past few months, followed by a significant decline along with the overall crypto market. The chart, however, is telling a story of what could become a massive move to the upside on the 5th wave of the wedge pattern's internal wave count.
I wouldn't count XCN out just yet. I think good things are coming to XCN in the future, even if the 5th wave ends up failing this time around.
Good luck, and always use a stop loss!
Larger Triangle FormationI believe this is going to be how this plays out.
I am not an expert but have been trading this for the past few weeks and it only makes sense to me with all the triangle formations - will moon it with this formation.
Please share your thoughts. Target is said to be around 10 cents but imagine a slight pull back at ATH for bag holders and to build stronger support.
This is not financial advice. Please trade at your own risk.
Onyxcoin (XCN) 10x gains - luckyI know I'm not the only one that missed the amazing 10x gains from Onyxcoin. Whoever did have some of this cryptocurrency before the price went up this month sure is feeling lucky right now. I'd be hard pressed to say another company will be close to this amount of gains for the entire year. Looks like the year is going to be looking at the history of this monumental occasion for XCN. As it were, despite the company losing practically all their value, there is still a believer in this company out there in the world.
$XCN/USDT 8h (#Bybit) Descending trendline breakout & retestOnyxcoin (a.k.a. Chain) is pulling back to 200MA support after a clear bullish move and just printed an inverted hammer, looks good for more recovery.
⚡️⚡️ #XCN/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.2X)
Amount: 6.9%
Current Price:
0.01463
Entry Targets:
1) 0.01435
Take-Profit Targets:
1) 0.01953
Stop Targets:
1) 0.01089
Published By: @Zblaba
Risk/Reward= 1:1.5
Expected Profit= +43.3%
Possible Loss= -28.9%
Estimated Gaintime= 3 weeks
$XCN #XCNUSDT #Onyxcoin #Chain
onyx.org