Analyst Dumps Ripple (XRP) Tokens to Buy Onyxcoin: Makes Bullish XCN Price Prediction

A lot of attention has been given to Onynxcoin lately, as the crypto experienced a massive increase of close to 400% in the last 7 days.

Popular crypto YouTuber shifts crypto portfolio, dumps XRP for lesser-known coin, makes bullish XCN price prediction

One crypto YouTuber has shifted his entire crypto portfolio to a lesser-known coin after selling his XRP, Stellar Lumens, Hedera Hashgraph, and other crypto holdings.

The YouTuber, known as ImpossibleAnalysis, has shifted his attention to Onyxcoin (XCN) after noticing its 400% gain in the past 7 days.

According to the YouTuber, the current bull run, which began when Bitcoin bottomed at $15,000 in 2023, still has three to four months left, with Bitcoin now trading around $103,000.

He claims to have learned about XCN after receiving a direct message on Twitter. What caught his attention was the coin’s remarkable price movement—rising 240% in a single day. Having been on Coinbase for seven years, he noted this was an unusual occurrence for a non-meme cryptocurrency.

The YouTuber then went on to perform technical analysis on XCN, using Fibonacci (FIB) chart analysis to identify what he considers a bullish pattern. He believes XCN has significant potential, contrasting it with more established cryptocurrencies like XRP, which he expects might only reach $5-$8 during the bull run’s peak.

XCN Price Predictions

XCN’s current price hovers just above a penny, with its all-time high at 18 cents. The analyst sees massive upside potential, projecting price targets of:

0.02 cents

0.03 cents

0.04 cents

What excites ImpossibleAnalysis is the coin’s community strength. Many XRP holders are also investing in XCN, which he sees as a positive indicator. He was particularly impressed by XCN’s market resilience, noting it dropped only 48% after its initial pump and quickly recovered—unlike many low-cap cryptocurrencies.

The analyst adds that he’s not providing any financial advice and that any crypto could “go to zero tomorrow.” His recommendation comes after personal research, and he encourages viewers to conduct their own due diligence.

He also offers practical investment wisdom: always take profits when you’ve doubled your investment, removing your initial stake to create a “risk-free” position. ImpossibleAnalysis believes the current market presents an opportunity to play offense during the bull run’s final stages.

While speculation surrounds potential institutional involvement—with rumors about JP Morgan and BlackRock quickly debunked—the analyst remains extremely bullish on XCN. His conviction stems from the coin’s unusual market performance and strong community backing.