After months of falling into the descending trend line, the price of unyxcoin (XCN) may finally approach the collapse. Since the beginning of the year, Xcn has witnessed great pressure, with each gathering rejected at its highest level.
But the latest procedures for prices show the currency that presses the same direction line that was behaving like the ceiling for several months. Tension is constructive, and the collapse may not be far.
XCN price goals: $ 0.075 and beyond?
CW I have identified Main Fibonacci levels In its analysis. Its first goal is $ 0.075, which corresponds to an extension of 1.618 Fibonacci. The second and most ambitious goal is set at $ 0.116, which is located at the level of 2.618. These goals depend on the classic technical settings used by traders to estimate possible momentum movements after collapse.
The chart also shows several smaller levels along the road that may serve as temporary resistance, including $ 0.031, $ 0.038 and $ 0.046. However, if the Xcn is broken over the descending trend line with a strong size, these barriers may decrease quickly.
Also read: Hbar is strongly separated: Analyst expects a “huge upward wave” in the future
XCN Rally History gives Bulls Hope
What makes this preparation more interesting is the history of Xcn in explosive moves. The coin has proven in the past that when it explodes, it can gather quickly and difficult. For this reason, CW is closely monitoring the current pattern and preparing for what it sees as a possible continuation in the coming weeks.
If Xcn PRICE wipes the resistance line soon, it may be the beginning of a new ups in ONYXCOIN. All eyes are now on whether this confirmation is the collapse. Do you buy before or after hacking?
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