In the shadow of a descending channel, Onyxcoin [XCN] trudged like a poet with a limp, its price a melancholic sonnet of downward pressure. Yet lo! A spark-$0.005 support held-and the altcoin erupted in a 39% crescendo, scaling $0.00695 before a sharp, dramatic sigh. At press time, XCN lingered at $0.0055, a 4.14% daily gain, as if the market whispered, âAlmost⌠but not quite.â
But what tempest stirred this chaos?
Onyxcoin Liquidity Jumps with Robinhood Listing
Blessings descended upon XCN when Robinhood, that modern-day Robin Hood (or was it a bandit?), listed the coin. The altcoinâs New York debut-a glittering spectacle-invited traders to sip champagne on a raft of liquidity. Trading volume, once a trickle, now roared 219% to $45.53 million, as if on-chain activity had discovered a new religion.
Buyers, emboldened, seized the stage. Coinalyzeâs numbers gleamed: 960 million in buys vs. 850 million in sells-a 110 million delta, like a wolf howling at the moon of accumulation. đş
XCN Whales Take Charge
Whales, those leviathans of the crypto sea, stirred from their slumber. CryptoQuantâs data revealed large orders dancing like minnows in a storm. Post-Robinhood, whale buys surged, while Nansenâs report chuckled: Top Holders added 911 million tokens, selling just 274.35 million-a net 636.6 million gain. The whales, it seems, were buying confetti. đ
Can the Momentum Hold?
AMBCrypto, that oracle of volatility, noted XCNâs RVGI soared to 0.046-a bullish pirouette. Yet the RSI, a fickle lover, dipped to 48, as profit takers cashed out like drunks at a bar closing. đśâď¸
Buyers and sellers now duel like Hamlet and Claudius. If whales persist, XCN may cling to $0.0055, eyeing $0.0063. But should sellers reclaim the throne? Prepare for a $0.005 freefall. đ°âĄď¸đĽ
Final Thoughts
- XCNâs rollercoaster peaked at $0.0069, then retreated to $0.0055-a crypto soap opera. đ
- Robinhoodâs listing summoned whales and retail investors alike to a feast of FOMO. đ˝ď¸
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2025-12-13 02:29