Onyxcoin (XCN) Price Prediction: Breakout Above $0.030 Targets $0.042–$0.045 in Q2 2025

After a powerful breakout in April, Onyxcoin (XCN) is consolidating above $0.030 with upward pressure building again.

As of May 7, 2025, XCN is trading at $0.032, continuing to recover after testing the pivotal support at $0.027.

The RSI continues to trend upward, and MACD remains positive, indicating that bullish momentum is present.

The recent price action shows signs of healthy consolidation above the $0.030 mark before a potential continuation, with $0.036 acting as the key breakout level to watch.

At this price point, XCN may face resistance from LongHash and Chainlink, making it a crucial zone to observe.

Ecosystem Updates: What’s Powering XCN

Onyxcoin is known for its decentralized access control and modular identity verification, forming the basis for token-gated AI, enterprise onboarding, and Web3-native authentication layers.

Its use cases are becoming increasingly apparent as the protocol evolves.

Here are some of the key developments that unfolded in Q2 2025:

* Enterprise Integration Program: Inviting leading blockchain ventures to build on Onyxchain. Several protocols have begun migrating smart contracts and deploying dApps.

* Simplex Payment Gateway: Expanding fiat on-ramp options for a smoother user experience.

* XCN Staking Optimization: Adjusting parameters for better return profiles and liquidity dynamics.

* Lightweight Programs: Focusing on developing efficient dApp solutions without compromising functionality.

These features are drawing increased GitHub activity and testnet deployments to the chain, rendering it a busy and active ecosystem.

According to Onyx Analytics, daily active contracts have risen by 17.8% month-over-month, highlighting the utilization and growth of the protocol.

XCN Price Forecast – May to June 2025

Given the trends in price, technicals, and protocol activity, here’s a glance at the possibilities for XCN in the coming months:

* Bullish Scenario: Breaking out of the immediate resistance at $0.036 with high volume could propel XCN toward the next resistance zone at $0.042–$0.045 in Q2. This move would likely attract interest from retail traders and crypto funds, leading to a more significant rally.

* Bearish Scenario: If XCN fails to hold the support at $0.030 and breaks below it, it may continue to fall and retest the Fib level at $0.027. If this support holds, we might see consolidation again in the $0.027–$0.030 range.

Overall sentiment towards XCN remains favorable, especially among mid-cap L1 traders who are diversifying their portfolios beyond Ethereum.

However, traders should pay attention to the upcoming developments and technical trends to make informed investment decisions.