Onyxcoin (Xcn) fell more than 45 % in the last 30 days, after a historical increase at the end of January. After being one of the most trend followers earlier this year, Xcn is now marking the cooling.
Both momentum and direction indicators indicate the low pressure, indicating that the shift can form. Here is a look at technical expectations and what can come after that for Onyxcoin.
Xcn RSI was neutral for one week
RSI in ONYXCOIN is now 41.7, a decrease from 55.6 three days ago.
The relative power index in a neutral area remained over the past week, fluctuating between 41 and 55, without showing a strong upward or declining trend.
RSI is a momentum that measures the speed and change of price movements, ranging from 0 to 100.
Readings that exceed 70 indicate excessive conditions in the peak, while readings that are less than 30 indicate excessive conditions. With XCN now at 41.7, it indicates moderate downward pressure but not enough to confirm the sale market.
This may indicate that Xcn is in a standardization stage, and merchants may wait a stronger directional signal before adhering to the direction.
Onyxcoin AdX shows that the current downward trend is fading
ADX Onyxcoin is currently at 8.33, as it decreased from 14.7 only two days ago.
This sharp decline indicates more power strength, as the distinctive symbol remains in the declining direction, but with the decrease in the momentum behind this step.
The average trend (ADX) measures the strength of the trend, regardless of its direction. Values of more than 25 indicate a strong direction, and values that are less than 20 indicates a weak or uninterrupted market.
With Xcn’s ADX now at 8.33, this indicates that the continuous declining trend loses Steam. The price can remain linked to the extent or try smaller movements until the momentum returns.
Without obtaining pick -up in ADX, traders may see a continuation of the side or the volatile procedure in the short term.
Will Onyxcoin restore $ 0.020 in March?
Although it is one of the most trenders in 2025, the price of the Unyxcoin has been corrected by 42 % over the past thirty days.
If this landmark continues, XCN can re -test the main support at $ 0.01. The collapse without this level will determine the first time that the distinctive symbol decreases to less than $ 0.01 since January 17, before its main rise earlier this year.
However, as shown in the weak ADX, the current declining trend loses strength, and may open the door for apostasy.
If Onyxcoin regains momentum, it may challenge resistance at $ 0.0149, and the penetration can pay the price about $ 0.017. If Onyxcoin regains its strong upward trend from late January, up to $ 0.022, more than $ 0.02 for the first time since March 3.
Disintegration
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