Onyxcoin $XCN Surges 1800%, Potential for Further Gains Onyxcoin or XCN pushed all the way up to about 1800% in gains in the last month. And even though we've retraced, we're still up about 1300%. So on this timeframe, we are definitely overbought. If for whatever reason it wanted to test the all time high from 2022, which mind you, that is a bear market price, so it has not tested a true bull run yet. You're looking at about roughly a five to six X move. Now can it get there? Who knows? We'll see. Only time will tell. But because it has hit that price before, that's going to be the main price target for a major resistance moving forward. And obviously, once you break that major all time high, you're going to go into price discovery mode and then the sky's the limit. There's no ceiling at that point. It really just depends on what the market wants to throw at XCN. This project does have a little bit of institutional money and made an USA. So make sure that you are not holding the bag at the end of the bull run. Sitting at a $1.2 billion market cap, even a 10 X move at relative current price and circulating supply would only put would put this at about a $12 billion market cap, which is achievable. Now, beyond the potential price action, there's not much going on for Onyx coin. It's just your standard layer one solution. I went through the website. There's nothing too crazy going on about the ecosystem itself. And the layer ones themselves are very saturated. But at the end of the day, the layer ones have very high market cap. So this does have the potential to get a nice impulse move if it even wanted to become a middle tier layer one. If you want to learn how to trade or want to come trade with me, comment βEPIQβ below. There are limited seats available in the EPIQ trading floor. And if you want to save today with anything crypto trading related, hit that follow button.
#altcoins #altcoinseason #xcn #onyxcoin #epiqtradingfloor