As reported by AMBCrypto, Onyxcoin (XCN) surged 39% following its listing on Robinhood, with the price reaching $0.00695 before retreating to $0.0055. The listing significantly boosted trading volume by 219% to $45.53 million, attracting both retail and whale investors. Coinalyze data showed a positive buy-sell delta of 110 million, while Nansen reported that top holders increased their holdings by 28% in the past 24 hours. Whale activity on the buy side has surged, with a net positive balance change of 636.6 million tokens. The Relative Vigor Index (RVGI) rose to 0.046, indicating strong upward momentum, while the RSI dropped to 48, suggesting profit-taking. The next price move will depend on whether buyers or sellers gain control.
Onyxcoin Surges 39% After Robinhood Listing, Whale Activity Drives Momentum
AMBCryptoShare
Summary
Onyxcoin (XCN) jumped 39% after its Robinhood listing, peaking at $0.00695 before settling at $0.0055. Whale movement spiked, with top holders adding 28% more in 24 hours and a net buy of 636.6 million tokens. Network activity surged 219%, pushing volume to $45.53 million. A buy-sell delta of 110 million and an RVGI of 0.046 signal strong momentum, while RSI at 48 hints at profit-taking. Buyers and sellers will now decide the next move.
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