XCNUSD trade ideas
ONYX🟩 Demand Zone & Institutional Order Flow (Bullet Format)
Demand Zone 1: $0.01984 – $0.02051
↳ Active accumulation zone with visible order flow support
Strong Support: $0.01859
↳ Critical price defense for sustaining bullish structure
Demand Zone 2: $0.01754 – $0.01294
↳ Long-term high-demand area with historical buy-side interest
Price is currently hovering above the first demand zone, signaling interest from buyers and a possible continuation toward higher resistance levels.
📌 Important Support and Resistance Levels (Bullet Format)
Support Levels:
S1: $0.02034 – Immediate micro-support
S2: $0.01800 – Strong support at Fib 38.2%, often acts as a base for bouncebacks
S3: $0.01500–$0.01600 – Deeper support range near Fib 23.6%, ideal for dip-buy strategies
Resistance Levels:
R1: $0.02245 – First key resistance at Fib 50%, a breakout zone to watch
R2: $0.02573 – Major trend resistance at Fib 61.8%, breakout here confirms bullish momentum
R3: $0.03061 – Fib 78.6% level, high-confidence upside target for May–June 2025
$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 Daily CUP N' Handle Boom PossibleWe hit the green line from my previous chart of XCN. Now if it holds strong here. We should see a massive or massive multiple green candles incoming. Buy if you don't have any, buy more if you have already, buy more if it dips lower. I posted an example of a cup and handle in the middle of the chart. The handle we have is a bit steeper due to markets. Now the turn around incoming. First target 9 cents to 10 cents. Next .18 cents. Last .32 cents. Make sure to take profits. It will be a roller coaster ride.
DYOR... I could be wrong!
XCN beautiful 2000% gainWith XCN popping off and everyone now wanting a piece of the action. XCN is not finished. I entered XCn on the 3 vertical orange lines. Every entry and exit was more beautiful than the last first 125% then 230% or so then 2000%. We are now at $0.012 roughly and holding above the 200EMA
Forming a clear cup and handle, (if your new to the game check out DIMO, the cup and handle formed right before multiple major take offs)
Bitcoin is showing support, and we all know what happens when that happens. Now is a better entry than ever, we could se a bit lower but I doubt past $0.01
However looking at June 15th 2022 we see a major push down followed by an immediate rejection, this is still possible but overall I believe this will hit its ATH and more being $0.10, $0.18, $0.35, $0.50 potential
Not financial advice but if your kicking yourself for missing a very very easy 2000%
It’s not over.
Good luck and have fun with it
Not Financial Advice
Possible recover for XCN? 1Day Chart or will it go Lower?...XCN is releasing and updating its infrastructure but does it provide an answer for an existing issue or does it solve an existing problem? A simple question that may help... I've been reading and there will be a utility implementation from what I've seen and read on articles that are out there.
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!
ONYX IS About to blow! The Daily BottomIf you sold or didn't sell now is the time to get in! This is the daily! A reversal is immanent! Everyone thought FEb was the Month! It's March!! So GET Ready!!
The bottom is in or the green line! It's not going to get any lower! So either buy now or at 1100 sotoshi!
XCN to reach $0.10 – $0.25 by the end of March Key Chart Elements:
Fibonacci Retracement Levels
The chart includes a Fibonacci retracement tool from a high of $0.08473 down to a low near $0.00146.
Key levels:
0.236 ($0.02111)
0.382 ($0.03327)
0.5 ($0.04310)
0.618 ($0.05292)
0.786 ($0.06691)
Price is currently hovering around the 0.236 retracement level, which is often a weak resistance level.
Price Action & Volume
A massive downtrend took place from August 2022 to early 2024.
A recent spike in volume suggests renewed interest in the asset.
The price had a sharp bounce from the bottom, indicating a possible reversal or speculative accumulation.
Technical Outlook (Projected Path)
The dotted gray trendline suggests a prior long-term downtrend.
The blue curved line indicates a potential rounding bottom pattern, often a sign of accumulation before a move higher.
The blue upward arrow suggests a bullish breakout projection, possibly toward the 0.618 or 0.786 Fibonacci levels ($0.05292–$0.06691).
A break above $0.08473 (previous high) could confirm a major trend reversal.
Support & Resistance
Support Levels:
$0.011 (Moving Average)
$0.00146 (All-time low)
Resistance Levels:
$0.033 (0.382 Fib)
$0.043 (0.5 Fib)
$0.066 (0.786 Fib)
Potential Scenarios:
Bullish Case: If volume sustains and breaks key resistance levels, price could rally toward $0.10-$0.25
Bearish Case: If buying momentum fades, price may retest support near $0.011 before another attempt at breaking higher.
xcn still looking bearish unfortunately the break out didn' holdI see 0.018 back in the picture possibly. At least 0.20 again. There's a breakdown in positive outlook. So I'm just using the tools. What this is telling me is momentum has died and is having a hard time regrouping. Why hence another short drop before take off.
XCN BULLISH BREAKOUT - 0.07 Downtrend with Potential Reversal:
The price has been in a consistent downtrend, but a bullish inverted hammer is forming, which could indicate a reversal.
The price is currently sitting near a strong support zone (marked in red).
Support & Resistance Levels:
Support Levels:
Around $0.0186, $0.0183, and $0.0158 (red zones).
Resistance Levels:
$0.0217 (yellow), $0.0251, $0.0268, $0.0303, $0.0341, $0.0493, and $0.0611 (green zones).
Indicators & Moving Average:
The moving average (MA) is above the current price, acting as resistance.
A possible breakout above the MA could indicate further upside movement.
Bullish Scenario (Green Path Projection):
If price breaks above $0.0217 and $0.0251, we could see a strong recovery towards $0.0341 and potentially $0.0493 or higher.
Bearish Scenario:
If price fails to hold support around $0.0186 - $0.0158, further downside could be seen.
Conclusion:
A reversal seems likely, but confirmation is needed (break above resistance).
Watch for volume increase and price action near key resistance levels before making a move.
If bullish momentum builds, the price could follow the green trajectory towards $0.0341 - $0.0611.
$XCN BULLISH PENNANT CLOSING This is a pretty obvious Bullish Pennant. Its noticable on all time frames but the 6 hour provided a little more detail. Now, In theory, this should break to the upside (which is starting to happen right now), but we all know that market fluctuations are most determined by the emotional whims of society and CRYPTOCAP:BTC 's bi-polar reactions so anything could happen. All im saying is, this should be watched closely, and if its breaks north, expect a bull run.
Not financial advice.....