The Trust Layer for Market Analysts

The video analyzes Onyxcoin (XCNUSDT) on the weekly timeframe, noting a 34% drop from its high, with the day closing 14% down, reaching a low of 0.007. It points out that the crash coincided with a market-wide event, but Onyxcoin is still up 13x since late 2023, compared to the average crypto's 3.7x. Based on Coinbase data, a double bottom forms at the base, serving as support. The speaker trusts Coinbase's price action data more than Binance or Bybit. The current price sits at $0.009. Holding support is anticipated with a target of 0.26 to 0.32c to the end of the year for the next run, expecting $1 as a higher target in 2026. If it closes a daily under 0.0085 the analysis is invalidated. There is bullish divergence on the 1H chart. A 28-35x potential move to between 0.26-0.32 as next target