{"id":52560,"date":"2025-05-16T15:52:31","date_gmt":"2025-05-16T15:52:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/onyxcoin-price-soars-as-24-hour-volume-explodes-600\/"},"modified":"2025-05-16T15:52:31","modified_gmt":"2025-05-16T15:52:31","slug":"onyxcoin-price-soars-as-24-hour-volume-explodes-600","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/onyxcoin-price-soars-as-24-hour-volume-explodes-600\/","title":{"rendered":"Onyxcoin price soars as 24-hour volume explodes 600%"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/onyxcoin-skyrockets-volume-explodes-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Onyxcoin (XCN) price soared 16% as the altcoin outpaced peers.<\/li>\n<li>Gains for XCN came as daily volume rose by more than 600%.<\/li>\n<li>Most altcoins are trading green on the daily and weekly time frames amid risk-on sentiment.<\/li>\n<\/ul>\n<p>Onyxcoin (XCN) is outpacing most altcoins in the past 24 hours as interest in the token sends its price skyrocketing.<\/p>\n<p>Attention on the XCN coin has seen its price jump more than 16% in the past 24 hours, with volume exploding a staggering 600%.<\/p>\n<p>With Onyxcoin eyeing a likely listing on a major exchange, its price could rally to new multi-month highs.<\/p>\n<h2>Onyxcoin price jumps as volume explodes<\/h2>\n<p>The broader cryptocurrency market is experiencing notable optimism as Bitcoin\u2019s resilience above $100k continues to boost traders.<\/p>\n<p>Ethereum\u2019s gains have also seen <a href=\"https:\/\/coinjournal.net\/news\/tag\/altcoin-news\/\">altcoins<\/a> eye fresh traction, as investors look to diversify their portfolios beyond Bitcoin.<\/p>\n<p>While the fear and greed index, a key indicator of market sentiment, trends in the greed zone, small caps like Onyxcoin are building momentum.<\/p>\n<p>In the past 24 hours, Onyxcoin\u2019s price has surged more than 16%, reaching $0.022.<\/p>\n<p>The token traded at lows of $0.016. Amid this hyped performance, XCN has recorded a daily volume of over $210 million.<\/p>\n<p>This remarkable performance has positioned XCN as one of the top gainers in the cryptocurrency market.<\/p>\n<p>Speculation about a potential Binance listing has the market in anticipation of fresh gains, which is the case if bulls continue to dictate sentiment.<\/p>\n<p>\u201cCrypto is leading the rebound. $BTC is nearing ATHs, $ETH is catching up, and with Coinbase set to join the S&amp;P 500 on May 19, digital assets may see a fresh wave of inflows,\u201d QCP Capital <a href=\"https:\/\/x.com\/QCPgroup\/status\/1922583938221883461\" target=\"_blank\" rel=\"noopener\">noted<\/a>.<\/p>\n<h2>XCN price analysis<\/h2>\n<p>Onyxcoin\u2019s price action looks bullish given the current movement and technical indicators. A look at the charts shows there\u2019s notable resistance around $0.023.<\/p>\n<p>However, above this, buyers may want to push for a retest of the hurdle near $0.030 and one-year highs of $0.35.<\/p>\n<p>The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators on the daily chart align with this outlook.<\/p>\n<p>If bulls manage to break above resistance at the $0.023 level, they could pull XCN to new multi-month highs and target new gains.<\/p>\n<figure id=\"attachment_309204\" aria-describedby=\"caption-attachment-309204\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-309204 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/XCNUSDT_2025-05-16_18-06-19.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-309204\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/XCNUSDT\/\" target=\"_blank\" rel=\"noopener\">XCN chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>However, a dip to $0.016 could accelerate selling, with a potential breakdown that pulls prices to lows of $0.0084 reached in early April 2025.<\/p>\n<p>The long-term descending trend line gave way for recent gains, but bulls are not completely out of the woods.<\/p>\n<p>Despite this, the huge volume coupled with broader market sentiment suggests that Onyxcoin could be positioned for a new leg up.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/onyxcoin-price-soars-as-24-hour-volume-explodes-600\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Onyxcoin (XCN) price soared 16% as the altcoin outpaced peers. Gains for XCN came as daily volume rose by more than 600%. Most altcoins are trading green on the daily and weekly time frames amid risk-on sentiment. Onyxcoin (XCN) is outpacing [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":52561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52560"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52560"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52561"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}