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Onyxcoin has attempted a recovery after facing consistent selling pressure for most of the month. The recent bounce helped XCN reclaim short-term levels and triggered a technical breakout attempt.
Despite this move, underlying indicators remain weak. Several on-chain and liquidity metrics suggest the breakout may struggle to sustain, raising doubts about continued upside.
Onyxcoin Holders Are Selling
Market sentiment around Onyxcoin remains fragile as long-term holders begin to reduce exposure. The HODLer…
