What You Won’t Believe About Onyxcoin’s Astonishing 30% Surge! 😲

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It is with no small degree of astonishment that one observes the recent elevation of the Onyx Protocol’s token, Onyxcoin, whose charming abbreviation is XCN, currently trading at the princely sum of $0.0122. The joys of the market, so long subdued, have stirred once more, allowing this delightful coin to leap by over thirty percent within the last 24 hours, akin to a sprightly fawn liberated from its previous enclosure of somnolence. 🦌

Not long past, our friend, the imposing figure of President Trump, in his wisdom, has upended macroeconomic sentiments with his tariff policies, sending many a risk asset, including our dear altcoins, into a waltz of despondence. Forsooth! For a good span of ten days, XCN languished in a rather tedious price range between $0.008 and $0.01. But lo and behold, such was not to last!

Despite such grievous downturns, it appears the owners of considerable XCN remained undaunted, shunning panic like a proper gentleman at a ball. This speaks volumes of their burgeoning confidence in the intrinsic virtues of this little token. 🤷‍♂️

With a captivating market capitalization of $403.71 million and nestled comfortably in the illustrious rankings of CoinMarketCap at position 123, XCN has begun its genteel entrance into the reputable realm of mainstream cryptocurrency. One might say it is akin to a debutante at her first ball, all flutter and sparkle. Since the turn of the year, its value has nearly quintupled, leaving one both envious and amused.

Much of this delightfully bullish momentum is the result of Onyx’s strategy, which is based on institutional considerations rather than mere whimsy. The grand Goliath Mainnet promises near-instant settlements and a level of security fit for the most discerning bankers, as well as convenient integration of smart contracts that tickles the intellect of financial sages.

A most intriguing incentive lies in the Onyx Points Program, offering tenfold rewards in liquidity, thereby capturing the rapt attention of hedge funds and venture capitalists alike — a veritable siren call for any with a nose for profit! 💰

XCN Price Outlook

Upon consulting our daily price chart, one could observe that XCN has gallantly penetrated the middle Bollinger Band and is making a dash for the upper band. This most fortuitous movement suggests the potential for a breakout, should the purchasing ardor persist. Investors, ever vigilant, should keep an astute eye on the pivotal resistance level at $0.0126, as a vigorous surge could be eyeing a tantalizing $0.0155 in the near future.

XCN indicators | Source: Trading View

Meanwhile, the broad and enigmatic RSI has gently climbed to the noble height of 53.94, up from 48.81 of yestereve, presenting a slight bullish inclination but not yet approaching the overbought precipice. A splendid expanse remains for further upwards endeavors! 🚀

The MACD, too, appears to reveal early bullish inclinations; whilst modest, the narrowing histogram may herald a crossover soon, bolstering a rally that one might find delightful.

XCN MACD indicator | Source: Trading View

Bullish Predictions

The esteemed analyst, Javon Marks, hath proclaimed that notable bullish divergences are sprouting from the ground like wildflowers across critical momentum indicators for our dear Onyxcoin.

In a recent missive upon the social medium X, he has boldly predicted that this newfound breakout may indeed be the prelude to an extraordinary rally, possibly lifting the price beyond the lofty heights of $0.045, nearly three times its current charming valuation.

$XCN (Onyxcoin) surging back here with MAJOR STRENGTH and by the displayed breakout as well as smaller bull divergences confirmed, another wave up above $0.045 can be coming in.

That is a nearly +300% increase from here and with a breakout target at $0.1816, higher could happen!

— JAVON⚡️MARKS (@JavonTM1) April 10, 2025

Marks, with an audacity befitting a brave knight, has suggested an even loftier long-term target of $0.1816, indicating early signs of a grand wave formation at play. Such spirited predictions indeed spark a lively conversation! 🎩✨

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2025-04-10 14:06