title: Oxycoin (XCN) Price Prediction: XCN Coin Price May Soar 100% After Breaking Out From the Falling Wedge

Oxycoin's price is rising again and shows the potential to revive the bull run it demonstrated in the first few days of 2025.

Oxycoin’s price has shot up again and shows the potential to continue the bull run it demonstrated in the early days of 2025. The price went up by over 2000% in just two weeks, which soon faced strong bearish activity, leading to an 85% drop in the next few months. However, the steep descending trend was halted during the start of the month, and after accumulating gains, the token triggered a 150% upswing, initiating a strong recovery.

Oxycoin’s price has shot up again and shows the potential to continue the bull run it demonstrated in the early days of 2025. The price went up by over 2000% in just two weeks, which soon faced strong bearish activity, leading to an 85% drop in the next few months. However, the steep descending trend was halted during the start of the month, and after accumulating gains, the token triggered a 150% upswing, initiating a strong recovery.

This begs the question, what is the reason for the recent surge in Onyxcoin (XCN) price?

This begs the question, what is the reason for the recent surge in Onyxcoin (XCN) price?

Recently, Oxycoin launched a layer-1 blockchain called Goliath, which is specifically designed for financial institutions. The chain offers speeds comparable to Visa, capable of handling nearly 24,000 transactions per second using a PoS consensus mechanism. Following the testnet launch, the platforms aim to launch the mainnet in early 2026.

Recently, Oxycoin launched a layer-1 blockchain called Goliath, which is specifically designed for financial institutions. The chain offers speeds comparable to Visa, capable of handling nearly 24,000 transactions per second using a PoS consensus mechanism. Following the testnet launch, the platforms aim to launch the mainnet in early 2026.

With this, the market participants appear to be hopeful of the upcoming trend, as the XCN price seems to be on the verge of setting a new ATH shortly.

With this, the market participants appear to be hopeful of the upcoming trend, as the XCN price seems to be on the verge of setting a new ATH shortly.

After breaking above the falling wedge, the price shot up by over 70% to rise from the lows around $0.007 to reach highs as high as $0.023. Presently, the bearish influence over the token seems minimal, and hence, the price is expected to rise without any major interruption. The Ichimoku cloud has undergone a bullish crossover, while the RSI surged high and entered the overbought zone. However, the RSI highs lie above 94, which suggests that there is more scope for a bullish continuation.

After breaking above the falling wedge, the price shot up by over 70% to rise from the lows around $0.007 to reach highs as high as $0.023. Presently, the bearish influence over the token seems minimal, and hence, the price is expected to rise without any major interruption. The Ichimoku cloud has undergone a bullish crossover, while the RSI surged high and entered the overbought zone. However, the RSI highs lie above 94, which suggests that there is more scope for a bullish continuation.

Therefore, the Onyxcoin crypto price is expected to maintain a consolidated ascending trend and rise above 0.5 FIB at $0.025 shortly. Once these levels are secured, the XCN price may move towards the upper targets at 0.618 & 0.786 FIB at $0.031 and $0.039, which may further push the price towards the ATH at $0.49 and find new highs.