bullish

Onyxcoin

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<p><a href="https://captainaltcoin.com/onyxcoin-xcn-price-prediction-analyst-says-1-is-still-possible-heres-why/" rel="noopener noreferrer nofollow">XCN price movement</a> tells a story of persistent struggle. The cryptocurrency has been failing to break free from a descending trendline that has dominated since January’s peak.</p><p>Trading has become increasingly pressured; with the price now at $0.0187, it is very close to a critical support level at $0.01791. The Onyxcoin downward momentum suggests vulnerability. A breach below current support could trigger a significant decline toward $0.01147—a level that previously sparked buying interest in January.</p><figure class="wp-block-image size-large"><img width="1024" height="483" src="https://captainaltcoin.com/wp-content/uploads/2025/02/image-837-1024x483.png" alt="" class="wp-image-639706"></figure><h2 class="wp-block-heading" id="xcn-technical-indicators-paint-a-mixed-picture">XCN Technical Indicators Paint a Mixed Picture</h2><p><a href="https://www.google.com/search?q=what+is+The+MACD+indicator+in+crypto&amp;oq=what+is+The+MACD+indicator+in+crypto&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIICAEQABgWGB4yDQgCEAAYhgMYgAQYigUyDQgDEAAYhgMYgAQYigUyDQgEEAAYhgMYgAQYigUyDQgFEAAYhgMYgAQYigUyDQgGEAAYhgMYgAQYigUyCggHEAAYgAQYogQyCggIEAAYgAQYogQyCggJEAAYgAQYogTSAQg0MTA3ajBqNKgCALACAQ&amp;sourceid=chrome&amp;ie=UTF-8" rel="noopener noreferrer nofollow">The MACD indicator</a> provides a nuanced view of the current market dynamics. The MACD line remains below the signal line, suggesting ongoing bearish control. There are subtle signs of weakening selling pressure. The decreasing spread between these lines hints at potential momentum shifts, though concrete reversal signals remain absent.</p><p>The RSI reading of 42.84 reinforces the market’s bearish lean while avoiding oversold territory. This positioning in the neutral-to-bearish zone suggests that while selling pressure persists, there’s still room for movement in either direction. A sustained push above the 50 mark would be needed to indicate genuine bullish potential.</p><figure class="wp-block-image size-large"><img width="1024" height="482" src="https://captainaltcoin.com/wp-content/uploads/2025/02/image-838-1024x482.png" alt="" class="wp-image-639714"></figure><h2 class="wp-block-heading" id="onyxcoin-path-to-recovery-remains-challenging">Onyxcoin Path to Recovery Remains Challenging</h2><p>For XCN to mount a meaningful recovery, several technical barriers must be overcome. <a href="https://altfins.com/knowledge-base/how-to-trade-descending-triangle-pattern-crypto-chart-pattern/" rel="noopener noreferrer nofollow">The descending trendline </a>that has capped previous recovery attempts remains the primary obstacle. Breaking this resistance would require significant buying pressure and volume – elements that have been absent in recent trading sessions.</p><p><strong><em>Read Also: <a href="https://captainaltcoin.com/bitcoin-btc-could-dip-to-73000-if-price-loses-this-crucial-support-level/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Could Dip to $73,000 If Price Loses This Crucial Support Level</a></em></strong></p><p>The immediate focus remains on the $0.01791 support level. A decisive break below this point could accelerate the decline toward $0.01147.</p><p>Traders should watch for potential divergences in technical indicators and changes in trading volume. These could provide early signals of a possible trend reversal. Until there are clear bullish catalysts, the bulls should remain cautious</p><p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p><div class="bigofferblock margincenter mb30 pt20 pl20 pr20 "><div class="col_wrap_two mb0"><div class="offerbox_big_wrap flowhidden"><div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><img class="lazyload" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"></a></div><div class="product-summary col_item mobileblockdisplay"><h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><span>We recommend eToro</span></a></h3><div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. 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Onyxcoin (XCN) Price Struggles Below Key Resistance: Is Recovery on the Horizon?

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