Onyxcoin (XCN)
1. Fundamental Analysis
1.1 Introduce
Onyx Protocol is the backbone of web3 blockchain infrastructure powered by XCN.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | XCN | Market Cap | 72929925.93 |
| Name | Onyxcoin | White Paper | -- |
| Web Site | https://onyx.org | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 48402437326.51888 | |
| Supply | 48402437326.51888 | Release Date | |
| Available Supply | 31781900000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0023484 | 0.0023766 | 0.0022922 | 0.0022947 | 46871.4665325 |
| 2024-12-31 | 0.002452 | 0.0025376 | 0.0023369 | 0.00235 | 366561.1373936 |
| 2024-12-30 | 0.0023686 | 0.0026098 | 0.0023 | 0.002452 | 292127.2333195 |
| 2024-12-29 | 0.0024666 | 0.0026782 | 0.0023462 | 0.0023688 | 326476.4168853 |
| 2024-12-28 | 0.0022418 | 0.002681 | 0.0022292 | 0.0024689 | 565631.1023036 |
| 2024-12-27 | 0.002099 | 0.0022598 | 0.0020933 | 0.0022406 | 217806.72998 |
| 2024-12-26 | 0.0022097 | 0.0022312 | 0.0020788 | 0.0021047 | 85240.8094626 |
| 2024-12-25 | 0.0022767 | 0.0022994 | 0.0021572 | 0.002206 | 180313.9910397 |
| 2024-12-24 | 0.0022157 | 0.0023363 | 0.0021897 | 0.0022797 | 96806.5424339 |
| 2024-12-23 | 0.0022538 | 0.0022628 | 0.00212 | 0.0022157 | 252229.6467913 |
| 2024-12-22 | 0.002106 | 0.0023554 | 0.0020997 | 0.0022538 | 214635.9698005 |
| 2024-12-21 | 0.0021359 | 0.0022698 | 0.001967 | 0.002097 | 229460.1557126 |
| 2024-12-20 | 0.0020876 | 0.0022394 | 0.0017749 | 0.0021283 | 303875.9664806 |
| 2024-12-19 | 0.0021448 | 0.0023949 | 0.002 | 0.0020787 | 255518.20784 |
| 2024-12-18 | 0.0024065 | 0.0024092 | 0.0021349 | 0.002142 | 107378.3218502 |
| 2024-12-17 | 0.0024675 | 0.0025143 | 0.0023987 | 0.0024076 | 84349.7900262 |
| 2024-12-16 | 0.002523 | 0.0025588 | 0.0024349 | 0.0024608 | 39735.4081 |
| 2024-12-15 | 0.0024811 | 0.0025684 | 0.0023969 | 0.0025127 | 110131.9374236 |
| 2024-12-14 | 0.0024845 | 0.0026893 | 0.0024619 | 0.0024886 | 156547.2383856 |
| 2024-12-13 | 0.0025149 | 0.00252 | 0.0023765 | 0.0024817 | 87439.491654 |
| 2024-12-12 | 0.002438 | 0.0027076 | 0.0024026 | 0.0025397 | 207657.9643501 |
| 2024-12-11 | 0.0022103 | 0.0025353 | 0.0021118 | 0.0024405 | 181619.8241286 |
| 2024-12-10 | 0.002267 | 0.0023562 | 0.0020418 | 0.0022136 | 185301.4735204 |
| 2024-12-09 | 0.0027862 | 0.0027863 | 0.0021002 | 0.0022766 | 493938.3500952 |
| 2024-12-08 | 0.0027536 | 0.0028406 | 0.0026706 | 0.0027821 | 326401.8881471 |
| 2024-12-07 | 0.0028068 | 0.0029338 | 0.0027135 | 0.0027579 | 246674.3527528 |
| 2024-12-06 | 0.0026836 | 0.0029302 | 0.0026436 | 0.0028047 | 361210.2710648 |
| 2024-12-05 | 0.0027685 | 0.0029879 | 0.0026001 | 0.0026909 | 585726.4396384 |
| 2024-12-04 | 0.0024111 | 0.0034 | 0.0023601 | 0.002771 | 1842060.7407476 |
| 2024-12-03 | 0.0020998 | 0.0028615 | 0.0020154 | 0.002422 | 852004.6931417 |
2.2 Analysis
The recent price action shows a period of consolidation following a significant upward trend, punctuated by a sharp increase in volume around December 4th, 2024. Subsequent price action suggests a potential bearish correction is underway, though the overall trend remains uncertain. Short-term volatility is expected, with further price fluctuations likely before a clear directional bias emerges. Monitoring volume and price action in the coming days will be crucial to determining future trends. A sustained break below the support level of around 0.0022 could signal a continuation of the bearish correction, while a sustained break above the recent high near 0.0028 would suggest a resumption of the upward trend. The data indicates a moderately bearish outlook in the short term, with longer-term potential dependent on overcoming recent resistance levels.
