Onyxcoin value has stopped collapsing, however it isn’t free to rally but. XCN is buying and selling close to $0.0069, down virtually 50% from its early January peak close to $0.0129. Since forming a neighborhood backside on January 20, the value has tried to rebound, however a key push increased has stalled.
The reason being not contemporary panic promoting. It’s the provide. Two main promote partitions are actually blocking a possible 50% upside transfer.
Hidden Divergence Meets the First Provide Wall
The downtrend is shedding pressure, however resistance is speedy.
Between November 21, 2025, and January 20, 2026, the Onyxcoin value shaped a better low, whereas the Relative Power Index (RSI) printed a marginal decrease low. RSI measures momentum by evaluating latest features to losses. When value holds increased, however RSI falls additional, it usually alerts that promoting strain is weakening relatively than accelerating, a hidden bullish divergence.
That sign performed out with a bounce from $0.0063 help however stalled at $0.0079.
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The rebound failed shortly close to the primary main provide wall, recognized by cost-basis knowledge.
A dense cluster of holders collected XCN close to $0.0079, and when the value approached this zone, sellers stepped in to interrupt even. This explains why the rebound stalled regardless of bettering momentum. The RSI divergence restricted draw back, however the cost-basis wall capped upside.
This units the stage for the second query: who might be absorbing that offer?
Whale And Retail Accumulation Offsets Promoting as Alternate Strain Stays Average
On-chain knowledge exhibits patrons stepping in beneath resistance.
Since January 22, whale wallets elevated their holdings from 42.58 billion XCN to 42.64 billion XCN, an addition of roughly 60 million XCN. On the present value, that equals about $420,000 collected throughout consolidation, not throughout euphoria. Regardless that they offered a bit, most likely on the $0.0079 provide wall, their place stays internet constructive.
Retail wallets, holding between 1,000 and 100,000 XCN, have adopted the identical route, including regularly since January 19, reinforcing demand at decrease ranges.
Promoting strain exists, too. As much as January 22, trade flows confirmed a internet outflow of 48.01 million XCN, signaling accumulation. Since then, flows flipped to a small internet influx of 1.65 million XCN, indicating gentle profit-taking relatively than distribution. That occurs to be the availability wall at play, the place XCN holders could be taking income.
But, whale and retail cohorts are presently offsetting trade promoting. That stability is why value continues to carry above $0.0063 even after the rejection close to resistance.
However yet another wall nonetheless issues.
Second Provide Wall Aligns With Resistance, Defining the 50% Onyxcoin Value Path
Clearing the primary wall will not be sufficient.
Past the $0.0079 zone sits a second, heavier provide wall round $0.0086, the place roughly 2.7 billion XCN have been collected beforehand. This degree additionally aligns with seen chart resistance, making it the true breakout gate.
If patrons handle to soak up provide at each ranges, the overhang clears shortly. Above that $0.0086 zone, which additionally occurs to be on the value chart, XCN faces restricted historic resistance, opening the trail towards $0.0104, a possible 50% rally from present costs.
The invalidation is equally clear.
If trade inflows increase and whale accumulation slows, the $0.0063 help turns into susceptible. A every day shut under it might shift focus towards $0.0045, negating the restoration thesis.