Onixcoin (XCN) has experienced the highest price surge among top cryptocurrencies in the market in the past 24 hours, with a 22% growth. This surge began last week and gained momentum after resolving project issues with the HTX exchange and Justin Sun, the founder of Tron, resulting in faster progress. Onixcoin is now striving to reach its three-year peak at $0.04. Technical indicators also suggest that this cryptocurrency still has high growth potential. Currently trading at $0.03, Onixcoin has seen a 76% growth since news of issue resolutions. The Relative Strength Index (RSI) on Onixcoin’s one-day chart has reached 64.78, indicating an increase in demand. Capital inflow into the Onixcoin spot market has increased to $1.04 million for the first time since January 27. This indicates that more traders are directly buying this cryptocurrency from exchanges. Increased buying pressure usually leads to price growth. At present, the price of Onixcoin is near the $0.038 resistance level. If this level is breached, its price is likely to reach $0.049, its three-year peak. However, if traders decide to take profits, this bullish scenario may lose credibility and the price could drop to $0.021. Visit the real-time digital currency price page to monitor the prices of all tokens and cryptocurrencies live and instantaneously.
