Onyxcoin (XCN) has experienced a significant rally, with its price increasing by over 300% from $0.01 to $0.045. The chart shows a breakout from key resistance levels, which have now become support levels, indicating strong bullish sentiment. The use of Heikin Ashi candles confirms the bullish momentum. However, the Relative Strength Index (RSI) indicates that Onyxcoin is overbought, potentially leading to a short-term correction. Key support is found at $0.030, while resistance is seen at $0.050. A break above $0.050 could signal further gains. Traders should closely monitor the RSI and critical levels for potential opportunities.



Other News from Today