XCN闪烁购买信号，但风险比比皆是

在过去的一个月中，Onyxcoin（XCN）一直处于下降螺旋状态，占其价值的42％。这种急剧下降将其推向被低估的领土

Onyxcoin (XCN) has not had the best of times in the past month, shedding 42% of its value. This sharp decline has pushed it into undervalued territory, often seen as a buy signal for traders looking to capitalize on discounted prices.

Onyxcoin（XCN）在过去一个月中没有最好的时间，占其价值的42％。这种急剧下降将其推向了被低估的领土，通常被视为希望利用折扣价的交易者的买入信号。

However, despite its undervaluation, on-chain metrics suggest the downtrend may not be over.

但是，尽管低估了链接指标，但表明下降趋势可能还没有结束。

Onyxcoin Flashes Buy Signal, But Risks Abound

Onyxcoin闪烁购买信号，但风险比比皆是

BeInCrypto’s analysis of XCN’s market value to realized value (MVRV) ratio, based on a 7-day and 30-day moving average, confirms that the token is currently undervalued. Santiment’s data shows these metrics at -8.49% and -24.87%, respectively, at press time.

Beincrypto对XCN对实现价值（MVRV）比率的市场价值的分析，基于7天和30天的移动平均线，证实该令牌目前被低估了。 Santiment的数据显示，这些指标分别为-8.49％和-24.87％。

An asset’s MVRV ratio tracks whether it is overvalued or undervalued by measuring the relationship between its market value and its realized value. When this ratio is positive, its market value is higher than the realized value, suggesting it is overvalued.

资产的MVRV比率跟踪它是通过衡量其市场价值与已实现价值之间的关系而被高估或低估的。当该比率为正时，其市场价值高于实现价值，这表明它被高估了。

On the other hand, as with XCN, when the ratio is negative, the asset’s market value is lower than its realized value. This suggests that the coin is undervalued compared to what traders and investors originally paid for it.

另一方面，与XCN一样，当比率为负时，资产的市场价值低于其实现价值。这表明，与交易者和投资者最初为其支付的费用相比，硬币被低估了。

Historically, negative MVRV ratios like this are seen as buy signals. However, XCN’s steady decline over the past month has weakened bullish sentiment among holders, many of whom now bet on further losses.

从历史上看，像这样的负MVRV比率被视为购买信号。但是，XCN在过去一个月中的稳定下降却削弱了持有人的看涨情绪，其中许多人现在押注进一步的损失。

This has created a feedback loop, prompting continued sell-offs and adding more downward pressure on the coin’s price. This is reflected in the coin’s persistent negative funding rate, which is at -0.022% at press time.

这创建了一个反馈循环，促使继续抛售，并增加了硬币价格的更大压力。这反映在硬币的持续负资金率中，截止时间为-0.022％。

The funding rate is the periodic payment exchanged between long and short traders in perpetual futures markets. When the funding rate is negative, short traders pay long traders, indicating bearish sentiment as more traders bet on decreasing prices.

资金率是永久期货市场中的长交易者和短交易者之间的定期付款。当筹资率为负数时，短交易者会付费长交易者，这表明看跌者的情绪越来越多，越来越多的交易者下注价格下降。

Moreover, XCN’s plummeting open interest confirms the weakening demand for the altcoin. As of this writing, the metric stands at $11 million, falling 14% in the past 24 hours alone.

此外，XCN的开放兴趣暴跌证实了对山寨币的需求减弱。截至撰写本文时，公制为1100万美元，仅在过去24小时内下降了14％。

An asset’s open interest measures the total number of its outstanding derivative contracts, such as futures or options, that have not been settled. When it falls, it suggests that traders are closing their positions, indicating weakening market interest and hinting at a potential price decline.

资产的开放利息衡量尚未解决的未偿还衍生合同（例如期货或期权）的总数。当它跌倒时，这表明交易者正在关闭其头寸，表明市场兴趣减弱并暗示了潜在的价格下跌。

XCN Price Prediction: Rebound or Further Drop?

XCN价格预测：反弹还是进一步下降？

On a daily chart, the set up of XCN’s Relative Strength Index (RSI) highlights the falling demand for the altcoin. At press time, this is below the 50-neutral line and in a downward trend at 45.55.

在每日图表上，XCN相对强度指数（RSI）的设置突出了对山寨币的需求下降。在发稿时，这是低于50不良的线，在45.55的下降趋势下。

An asset’s RSI measures its overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 suggesting that the asset is overbought and due for a correction. On the other hand, values below 30 indicate that the asset is oversold and may witness a rebound.

资产的RSI衡量了其过度买卖市场状况。它的范围在0到100之间，值高于70，这表明资产过多，并进行校正。另一方面，低于30的值表明资产超卖，可能会见证反弹。

XCN’s RSI is at 45.55 and falling, which indicates weakening bullish momentum as sellers strengthen their control. If this persists, the token’s price could plunge to $0.011.

XCN的RSI为45.55且下降，这表明随着卖家的控制，看涨的动力削弱了。如果这持续下去，代币的价格可能会跌至0.011美元。

Conversely, a resurgence in demand will invalidate this bearish outlook. In that case, XCN’s price could rally to its year-to-date high of $0.049.

相反，需求的复兴将使这种看跌的前景无效。在这种情况下，XCN的价格可能会升至其毕业生高点0.049美元。