In This Article
XCN Crypto (Onyxcoin) just jumped 12% to $0.017, snapping out of a months-long bull flag.
Technicals are lining up, and rising network activity adds weight to the breakout. Momentum’s clearly building.
The Bull Flag Breakout For XCN Crypto
XCN’s current surge can be traced back to a bull flag pattern that started forming on April 10. The flagpole was established with a sharp price rise to $0.027, followed by a correction phase that saw prices decline to $0.013. Now, breaking above the flag’s upper trendline, XCN signals an end to its correction and the possibility of further upside.
XCN is now trading above its 50-day and 100-day EMAs near $0.0156, pressing against a key resistance trendline. A daily close above $0.01699 would confirm the breakout and put $0.020 in sight.
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— Pepe 💎 $Math Moon Boi 💎 (@XYOPepe) June 26, 2025
Several metrics confirm the growing bullish momentum for Onyxcoin:
- MACD Surge: The MACD indicator shows rising signal lines, signaling strong buying interest.
- RSI at 57: The Relative Strength Index is climbing toward overbought territory, reflecting increasing demand.
- Bull Bear Power (BBP): BBP trending into positive territory indicates buyers have gained control.
Additionally, while the Chaikin Money Flow (CMF) hasn’t crossed into positive territory yet, its hovering just below the zero line signals that buying pressure is steadily building.
What’s Next for Onyxcoin?
Santiment data shows Onyxcoin’s Daily Active Addresses (DAA) remain in positive divergence, signaling real network activity behind the price move. The rally isn’t just hype but backed by usage.
If momentum holds, a break above $0.020 could be next. Add in strong CMF and buying pressure, and $0.023 comes into view.
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Key Takeaways
- XCN Crypto (Onyxcoin) just jumped 12% to $0.017, snapping out of a months-long bull flag.
- Technicals are lining up, and rising network activity adds weight to the breakout. Momentum’s clearly building.
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