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The Onyxcoin price surged 38% in the last week and 7% in the past 24 hours to trade at $0.01873 as of 12:26 p.m. EST, with trading volume skyrocketing 144% to $101 million.
The crypto space has been on a downtrend in the last 24 hours, dropping over 6% to a $3.74 trillion market capitalization.
Can this drop affect the price of XCN?
Onyxcoin Price Breakout Signals A Continued Rally
The XCN price on the daily chart reveals a classic symmetrical triangle formation that has recently resolved in a bullish breakout.
The breakout point occurred near the $0.015–$0.016 range, aligning closely with both the 50-day (blue) and 200-day (green) Simple Moving Averages (SMAs), as GeckoTerminal data shows.
This confluence of the SMAs at the breakout point adds credibility to the move, indicating a possible shift in market sentiment from neutral to bullish.
Meanwhile, the Relative Strength Index (RSI) is currently at 66.91, approaching the overbought threshold of 70. This indicates strong bullish momentum but also warns that the Onyxcoin price may be entering overbought territory in the short term.
The Moving Average Convergence Divergence (MACD) line (blue) has crossed above the signal line (orange), with the histogram turning green and widening. This bullish crossover confirms upward momentum and supports the breakout.
Analysis of the price of Onyxcoin shows the short-to-midterm outlook for XCN leans bullish. If the breakout sustains and volume supports the move, the next significant resistance area lies around $0.022–$0.025, based on historical XCN price action.
XCN/USD chart analysis (Source: GeckoTerminal)
Meanwhile, the 200-day SMA has crossed above the 50-day SMA, forming a death cross at $0.01541. This is a sign that the price of Onyxcoin could drop, with the $0.01374 level acting as a formidable support zone.
In the meantime, investors are rotating funds into Best Wallet (BEST), which popular YouTube channel 99Bitcoins, with over 723K subscribers, says is one of the cryptos that could potentially soar 100X after launch.
Best Wallet Presale Heads For $14 Million — Next Crypto To Explode?
Best Wallet supports over 60 blockchains, enabling users to manage thousands of cryptocurrencies, including heavyweights like Bitcoin (BTC) and Ethereum (ETH), within a single app.
The project has already raised over $13.9 million in its ongoing presale, where it offers its token at a discounted rate before exchange listings.
Its built-in decentralized exchange (DEX), presale aggregator, and upcoming crypto debit card set it apart in a crowded field. But what’s turning heads is its “Upcoming Tokens” feature, a launchpad that’s already proven its knack for spotting winners.
Projects like Pepe Unchained (PEPU) and Catslap (SLAP), flagged early by Best Wallet, delivered jaw-dropping gains of 500% and 7,000%, respectively, for early adopters.
🔥 Over $13M Raised and Counting! 🔥
Best Wallet is becoming the go-to for traders who want speed, simplicity, and early access to what matters:
✅ Buy new tokens early, directly in-app
✅ Buy and bridge across chains in one place
✅ Full portfolio control, no clutterDownload… pic.twitter.com/0SDNVPov6v
— Best Wallet (@BestWalletHQ) June 4, 2025
As wallet-based tokens continue to gain traction, BEST stands out for its integration within a growing Web3 wallet product.
Furthermore, with over 250,000 active monthly users, the platform is quickly emerging as a major player in the wallet market.
Security remains a cornerstone, with biometric authentication and decentralized recovery options ensuring users retain complete control of their funds.
The native token, BEST, is the engine behind this ecosystem. Holding the token unlocks perks like reduced trading fees, access to exclusive presales, and staking rewards boasting an impressive 98% annual return.
The BEST token is currently priced at $0.025335. With the next price hike looming in around 35 hours, buy soon to secure the best deal.
Check out BEST on its official website.
Related News:
- New Layer 2 Meme Coin ‘Little Pepe’ Raises over $6 Million in Ongoing Viral Presale
- Most Searched Cryptos on GeckoTerminal Today – XRP, Degen, CreatorBid, Tagger
- BTC Slides Below $120K As This Layer-2 Presale Charges Towards $3 Million
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