Onyxcoin (XCN) has surged 6.18% in the past 24 hours, with gains of 23% over the past week and nearly 30% over the past month. The rally was sparked by a year-long downtrend trendline resistance break in August and Onyx’s acquisition of Chain.com, a fintech infrastructure company specializing in stablecoin payments. The recent shift in crypto market sentiment has also helped attract new users to the chain, as shown by Onyx Explorer chain stats. Key support levels to watch for a bullish reversal are between $0.00409 and $0.00435, with next bullish price targets at $0.00568 and $0.00627.
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