This analyst warns: the price of Unyxcoin (XCN) is about to collapse – here is the reason that it is still upward
C-zar gets Crypto, YouTube with over 36,000 subscribers, returned with another deep diving on ONYXCOIN (XCN). In his last video, he warns that the price seems ready to drop, but it is not worried. As he said in his latest analysis, he is still completely committed to his position and believes that this decrease may be the perfect purchase area before a large move.
In the video that we covered yesterday, the C-Zar explained that the price of Xcn was a triple bottom, a loud style but it often leads to a collapse. He also pointed to a hidden declining difference in the relative power index and several rejection operations at the level of 50, which indicates weakness under the surface.
Now, after one day, this view is multiplied. With Xcn sitting about $ 0.0167, he says the charts still look soft. Daily RSIS, 4 hours and 1 hour appear the same declining structure. He expects to move about $ 0.0143 – $ 0.015, where the main Fibonacci levels and alignment of previous support. He believes that this breakdown can happen quickly, within a few days, and may lead to a more clear pushing to the Overs.
You still buy ONYXCOIN (XCN)
Despite the short term preparation, the C-Zar adheres to his game plan. As in his last video clip, he confirmed that his purchase orders have already been set, especially between $ 0.0144 and $ 0.0150. He says this is where it is more comfortable to re -download, and it is not fading if it decreases more.
region? XCN PRICE has a history of fast recovery. He believes that after reaching the support, he can rise again in only one day, which is likely to give the fully landing and shoot at the current level. According to him, this is not the first time that onyxcoin has followed this exact book.
He also touched C-Zar again on his long-term goals. He still maintains a company for its previous forecast for at least 9x return from the current levels, with upscale scenarios indicating 15x or 19x or even 0.30 – 0.40 dollars by July. He stressed that none of this has changed, despite the expected decline.
Its previous comparison also returned to the Xcn/BTC chart, saying that it is still the clearest sign of the next leg. In his opinion, when Xcn interacts with some BTC levels, it tends to mark local summits, and now, this step has not yet occurred.
Also read: Piots of PI prices for this day (May 5)
Finally, the C-Zar referred to the weekly relativity index, where the XCN price is located near the upcoming upcoming upcoming Al-Sulayqa. He presented the same observation yesterday, describing it as one of the best areas for the entrances. For him, the structure is still optimistic in general, this decrease is just part of the cycle.
In both videos, his message is consistent: be patient, prepared, and there is no reason to panic. Whether the XCN price decreases to $ 0.014 or bounce earlier, He believes that the real step comes after that, and he wants to be placed before it happens.
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