Onyxcoin Surges 50% in 24 Hours, Reaches $0.0071
- Price Surge: Onyxcoin (XCN) has surged 50% in the past 24 hours, reaching $0.0071 per token and ranking 155th in the market, indicating strong market demand and investor interest.
- Volume Spike: XCN's 24-hour trading volume hit $59.5 million, representing approximately 22% of its total market cap of $269 million, a high volume-to-market-cap ratio that typically accompanies sharp short-term price movements.
- Market Context: While Bitcoin and Ethereum experienced slight declines during the same period, XCN's price increase suggests unique buying pressure, potentially from large wallet accumulation or speculative trading rather than a broader market lift.
- Historical Review: XCN previously traded above $0.10 in 2022 but fell to below $0.002 during the broader crypto downturn; the current rebound, while returning to levels not seen in months, remains significantly below its all-time highs, reflecting market volatility and speculative interest.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000168 | 0.00132 | 0.00217 | 0.00333 | 0.00418 | 0.00533 | 0.00618 |
| Fibonacci | 0.00132 | 0.00209 | 0.00256 | 0.00333 | 0.00409 | 0.00456 | 0.00533 |
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