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The analyst discusses Onyxcoin (XCNUSD) on the 1D timeframe. The coin has been trading sideways at approximately 0.00905 for two weeks. The analyst expresses some optimism with accumulation occurring, expecting a price increase. Yesterday the analyst expected it to move higher, but it did not persist; today’s progress is noted positively. Gap downs in the one-hour timeframe are typically filled. The analyst reviews long-term movement using the 1W timeframe, to better see the sideways movement and overall trend for the coin, with expectations that there will be a 50% breakout and then the end-of-year target will be in a range of 0.26 to 0.32 The RSI daily timeframe also suggests a low and there is resistance around .04, if it moves lower to .0080 then it may still come back up; the failure point is .00871. The stochastic and MACD are also suggesting that it wants to move higher to the 0.012 area for end November.