Could XCN Price See a Recovery Soon? Analyst’s Breakdown of Onyxcoin’s Future

Following a rough January, Onyxcoin (XCN) has seen its price plummet around 40%, dropping nearly 70% from its January peak. Crypto YouTuber ‘C-Zar,’ with over 34k subscribers, weighed in on the token’s potential future. Despite the price decline, XCN volume hasn’t increased as expected in a bearish trend, suggesting that larger players may be accumulating at these lower prices. This leads to a crucial question: is this bottoming out or merely a temporary pause before a deeper price drop?