Discover the recent upward breakout of Onix Coin (XCN) and its potential targets in the cryptocurrency market. Learn about the key resistance levels and market sentiments.
According to market data, Onix Coin (XCN) has experienced nearly a 30% growth in the past 24 hours and successfully surpassed the key resistance of $0.01, a level that has hindered its price growth over the past two weeks. This significant growth coincided with the overall upward trend in the cryptocurrency market, indicating increased real demand and active user participation playing a significant role in this surge. On the other hand, future market sentiment towards XCN is slightly different. A funding rate of -0.18% in the futures market suggests that the majority of traders in this market anticipate a decrease in the price of Onix Coin.
