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Cryptocurrency News Articles
Onyxcoin (XCN) Market Showing Considerable Bullish Strength to End a Tumultuous Week
Apr 12, 2025 at 01:26 pm
The cryptocurrency market is showing considerable bullish strength to end a tumultuous week, and Onyxcoin (XCN) has been among the top performers.
Onyxcoin (XCN) price showed strength to end a tumultuous week, and the Layer-1 (L1) crypto is set for a Binance Futures listing.
But is XCN a good buy at current levels following its 250% rally.?
Onyxcoin Price Prediction: XCN Price Rises 250%
The cryptocurrency market has displayed considerable bullish strength to conclude a tumultuous week, and Onyxcoin (XCN) has been among the top performers.
After trading as low as $0.0076 on April 7th, XCN rallied by over 250% to trade as high as $0.027 on Friday before a marginal correction.
It has also secured a Binance Futures listing, which attests to the project’s legitimacy and unlocks greater upside potential.
Indeed, it has flipped several key resistance levels, with Onyxcoin price predictions from analysts suggesting a high likelihood of a bullish continuation. However, sidelined investors need to exercise some caution.
Onyx is a blockchain-based infrastructure designed to support a scalable, multi-asset ledger. It is a Layer-1 project that aims to enhance financial systems by enabling secure, efficient, and interconnected digital transactions.
Its native token, Onyxcoin (XCN), functions as a utility, governance, and payment token within the ecosystem, facilitating services such as staking and decentralized governance through the Onyx DAO.
Launched in 2022, XCN gained significant traction in early 2025 as its price soared by more than 1400% during the market-wide rally.
Unsurprisingly, Onyxcoin’s price took a sharp downturn as broader market sentiment shifted decisively bearish. Its price saw an 85% decline in a span of just a few weeks.
However, the L1 coin has now breached its descending channel with high volume, indicating the possibility of a bullish continuation in the coming days.
Onyxcoin price prediction from prominent analyst Solberg Invest reveals that it could rally to $0.033 in the short term.
Another analyst Friso indicates that XCN could blast to $0.048 in the coming weeks.
Another analyst, Friso, suggests that XCN could experience further upside to reach the $0.048 level within the upcoming weeks.
However, sidelined investors need to exercise some caution. Binance Futures listings tend to result in significant profit-taking from whales and early investors.
The Onyxcoin price is already down by nearly 8% from its Friday high, with more downside volatility certainly in the cards.
Indeed, investors should wait for a successful retest of the $0.008 support level before buying XCN.
Is Mind of Pepe The Best Crypto To Buy Now?
Onyxcoin may not be an excellent investment at its current price point. However, its bullish strength indicates that high-utility altcoins are in high demand heading into the next crypto bull run, which is expected to start by mid-April.
Unsurprisingly, smart money investors are betting on low-cap gems with high upside potential. For instance, the AI crypto sector is heating up, with Mind of Pepe (MIND) emerging as one of the most promising projects.
The new crypto has already raised nearly $9 million in its ongoing presale, with several whales and prominent crypto influencers among the early buyers.
The project is launching its own AI agent on Ethereum, designed to deliver cutting-edge alpha to MIND holders. This includes insights on whale accumulation patterns, sentiment analysis, technical analysis, etc.
Mind of Pepe has its own X and Telegram accounts, which it can use to interact with crypto influencers, create trends of its own and collect market alpha online for MIND holders. Moreover, it has a native crypto wallet, allowing it to launch its own meme coins.
MIND is filling a significant gap in the Ethereum ecosystem. While the AI agent market is saturated on Solana, ETH maxis were largely sidelined from the previous rally.
MIND allows them to bet on a promising project early and grab outsized returns in the coming crypto bull market.
In fact, several prominent analysts are even calling it the next 100x crypto.
Visit Mind of Pepe Presale
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