XCN Near Term Target 0.0173

After a couple of exciting days for Onyx Coin, we have seen mostly sideways consolidation as the market normalizes prices and new investor capital flows in.

XCN needs to break through the resistance of the previous high around 0.01595, to reach a target of 0.0173 which would signal return to a growth focused trend. Until then, likely more sideways consolidation, but watch out for sudden moves as interest continues to grow.

Trade active

We have broken through the resistance around the 0.01800 level and continue to see some nice price action in the market today, with Onyxcoin up +50% trading around 0.01870 at the moment. Look forward to continued growth if this trend continues. Also seeing on Top Gainers chart on Conbase today which is a good indicator of market interest.

Trade closed: target reached

Target met plus some extra.

CoinrabiaDeFi

Any opinion, analysis, or other information contained in these posts and reports is provided as general commentary on the market and for educational purposes only. Past performance does not guarantee future performance.

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