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Onyxcoin price has pumped 36% in the last 24 hours to negotiate $ 0.03,08,42 at 4:00 am on the negotiation volume which rose from 74% to 794.61 million dollars.
The XCN price experienced a sharp increase last week, its price ranging from $ 0.01188 on January 23 to $ 0.0,47,96 on January 26. After that, the project saw a correction which left it just under $ 30. After spending the first half of this week trying to rape this resistance, he finally managed to do it yesterday, ascended at $ 38.
At its current price, XCN is up 223% compared to its place a week ago, emerging as one of the strongest artists of this week, and the best winner in CoinmarketCap.
Onyxcoin price prediction
The overvoltage of onyxcoin prices in the last 24 hours has been strong, especially during the overvoltage which made the crypto pass from $ 0.02853 to $ 0.037. This took place around 19 hours before the editorial era, and at the time, the Bollinger groups of the project saw a major enlargement.
Once the XCN price has encountered resistance, the bands have shrunk and remained narrow for more than six hours. Now, however, they widen again, reporting that current overvoltage could continue a little longer, and stay close to the resistance at $ 0.040, perhaps the violation.
The Relative Force of the Project Index (RSI), on the other hand, shows that the traders were quite optimistic about the project. After initially fluctuated between the values of 40 and 60 early yesterday, the RSI value increased. For more than 24 hours now, it has passed from the neutral value of 50 to the excessive zone, even venturing beyond the value of 70 twice.
The first time he broke out above 70, he reached the value of 80, and the second time he stopped at 77.77. In both cases, however, he reflected a strong bullish feeling. Currently, the RSI is starting to increase again after falling into the neutral zone at 54 years. Although the price was rejected by the resistance at $ 0.040, the traders start pumping it again. The possibility of violating resistance and even more increase is therefore a possibility.
Promising alternative to onyxcoin
Even if the XCN price increases, many think it is too late to join the crypto now and is looking for more promising alternatives, such as the same (same) index.
The same index is a new part of documents even which has been in prevented in the past few weeks, during which it has raised more than $ 3.14 million. The project is called the first index of decentralized memes in the world, and its objective is to offer several baskets of memes money in which users can invest to easily diversify their currency investments.
There are four baskets offered, known as Titan, Moonshot, Midcap and Frenzy. They all differ in terms of risk and potential reward, Titan being the least risky thanks to the fact that he concentrates the largest pieces of the largest and the most well established. Meanwhile, Moshot focuses on projects that are just below the 10 largest coins by market capitalization.
The Midcap index contains memes parts whose market capitalization is between $ 50 and 250 million. As such, it is the first basket offered by the project where you start to take more risks, because these projects could explode or crash, often with little or no warning.
However, the frenzy index is by far the most risky. He focuses on new and experimental projects, and is only recommended for investors who are ready to engage in an all or nothing scenario.
However, to invest in one of these baskets, you must first buy even. It only sells $ 0.0157183 at the moment. Buying it while it is still in ICO is probably the best blow because experts think that its price will increase after launch. Claybro, a Youtuber Crypto with more than 135,000 subscribers, hypothesized that even the next 10x part could attribute massive potential to the project.
Buy even on its official website here before a planned increase in ICO prices in 43 hours.
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