- Onyxcoin (XCN) eyes a $0.1816 target, with a potential 801% price increase from current levels after a breakout.
- Trading volume surged during XCN’s upward trend, supporting sustained price growth with no significant sell-offs.
- Market data shows XCN maintained gains above key resistance levels with stable momentum and no notable retracement.
Onyxcoin (XCN) has continued its upward price movement as it approaches a potential target level of $0.1816. Market data indicates that prices have broken out from previous ranges, positioning XCN on a bullish trajectory. If the cryptocurrency reaches the projected target, it could result in an approximate 801% price increase from current levels.
Recent Price Action and Market Behavior
XCN has demonstrated strong momentum following its breakout, with prices steadily advancing over recent sessions. The movement follows a period of consolidation, after which buying pressure increased.
According to Javon Marks’s analysis, Onyxcoin (XCN) declined sharply before reversing into a steep upward trend. Trading volume increased during the breakout. Prices surged rapidly, peaking before a slight pullback occurred. The observation indicates a projected target of $0.1816. Recent price action demonstrates sustained upward momentum with no major volatility during the rally.
The price breakout occurred as XCN moved past previous resistance levels, allowing it to sustain gains above key price points. Analysts tracking the movement noted increased liquidity and broader market interest during the rise. No notable retracement has been observed since the breakout began.
Price Target and Potential Movement
The projected target level for Onyxcoin stands at $0.1816, marking a substantial upside from current prices. Based on the breakout pattern, the token could gain as much as 801% if it reaches this level. Market data shows that XCN has maintained its price trajectory in line with prior technical projections.
The token’s steady rise has occurred amid broader market stability, with no immediate signs of volatility affecting its upward momentum. Trading volume has consistently supported the price increase, indicating sustained interest. On-chain data further confirms the lack of significant sell-offs during the price movement.
Market activity surrounding XCN has shown heightened trading volume, aligning with the recent price surge. The increase in volume coincided with the breakout, suggesting coordinated buying activity. No large-scale selling pressure has emerged, allowing the price to maintain its upward path.
