Is It Too Late to Buy XCN?

Onyxcoin (XCN) has had one of the most dramatic price charts of the year so far. After exploding from under a penny to more than five cents in early 2025

Onyxcoin (XCN) has had one of the most dramatic price charts of the year so far. Exploding from less than a penny to over five cents in early 2025, the token has since seen a steep decline, giving back a good portion of those gains.

Now, with the XCN price hovering around $0.017, many are wondering—is it too late to buy, or is this just the calm before the next big move?

Chart and Indicators Tell the Tale

The chart itself is a sight to behold. XCN went nearly vertical between December and February, fueled by hype, high trading volume, and perhaps some genuine belief in what the Chain protocol is building with its new token. But like most parabolic rallies, gravity eventually intervened.

The token hit a high of $0.0544 and quickly fell back into the $0.015 to $0.020 range, where it has been consolidating for weeks.

Interestingly, this is not a slow bleed. The price action over the last month shows signs of stabilization. Buyers have been defending the price tag at just above $0.015, and XCN managed to stay well above its 200-day Simple Moving Average, which is currently around $0.0107. That long-term support is still intact, which is something bulls can cling to.

We also looked at a few weekly technical indicators to get a better sense of the momentum.

The MACD is still in positive territory, just above the zero line, showing weak but present upward pressure. The CCI is sitting close to neutral at around -26, which tells us XCN is not overbought or oversold. It is simply waiting. The Ultimate Oscillator is just below 50, another sign of a balanced market with no clear momentum yet.

On the other hand, the Rate of Change is sharply negative, confirming how steep the recent pullback was. However, ROC is a lagging indicator and can reverse quickly. Finally, Bull and Bear Power is slightly in the green, hinting that buyers might not have given up yet.

Onyxcoin Price Prediction

In the short term, if the token manages to hold above $0.015 and breaks through the $0.019 to $0.020 resistance zone, we could see a move back toward $0.025 or even $0.03. That would still be far from its February highs, but a meaningful move nonetheless.

If $0.015 gives way, then the next major support level to watch is around $0.011, right around the 200-day SMA. That is where we would expect to see long-term buyers step in to defend the price.

So, is it too late to buy XCN?

Not necessarily. But it’s not early either. Those explosive gains from sub-cent levels are likely behind us for now. What buyers are looking at today is a token that has since cooled off, found support, and may be setting up for its next move, either up or down. It’s in accumulation territory, not moon-shot mode.

If you believe in the long-term vision behind Chain and what it's building with Onyxcoin, then buying in these ranges might still offer some upside potential, especially if the broader crypto market starts heating up again. But for short-term traders, patience is key. We recommend waiting for a clean breakout above resistance or a stronger confirmation of trend reversal before entering any trades.

In the end, we'd say it's not too late, but don't FOMO in.