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Why is the XCN Price Surging High? How High Can Onyxcoin Go?

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Credit : coinpedia.org

The Oxycoin worth rises once more and reveals the potential to breathe new life into the Bullrun that it demonstrated within the first few days of 2025. The worth has risen by greater than 2000% in simply two weeks, which was rapidly confronted with an enormous bearish exercise, which led to a lower of 85% within the coming months. Nevertheless, the steep falling pattern was stopped through the begin of the month, and after amassing earnings, the token led a rise of 150%, which began a powerful restoration.

This raises the query why the value of Onyxcoin (XCN) is rising. Does the XCN Munt have a future?

Onyxcoin lately launched a low-1 blockchain referred to as Goliath, which was specifically designed for monetary establishments. The chain gives visa-like transaction velocity and processes practically 24,000 transactions per second utilizing a POS consensus mechanism. After the take a look at community launch, the platforms need to launch the mainnet in the beginning of 2026. With this, the market contributors appear to have grow to be hopeful on the upcoming pattern, as a result of the XCN worth appears able to mark a brand new ATH quickly.

After breaking above the falling wedge, the value rose by greater than 70% to rise from the lows of round $ 0.007 to succeed in as much as $ 0.023. At the moment, the bearish affect on the token appears to be minimal, and due to this fact the value is anticipated to rise and not using a main interruption. The Ichimoku cloud has undergone a bullish crossover, whereas the RSI rose excessive and the Overboughtzone entered. Nevertheless, the RSI peak factors are above 94, which suggests that there’s extra room for a bullish continuation.

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It’s due to this fact anticipated that the Onyxcoin -Crypto prize will retain a consolidated rising pattern and in a short while to extend above 0.5 FIB at $ 0.025. As soon as these ranges are secured, the XCN worth can go to the higher targets at 0.618 and 0.786 FIB if $ 0.031 and $ 0.039, which might push the value additional to the ATH at $ 0.049 and new highlights.

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