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The analysis on Onyxcoin (XCNUSD) indicates a bullish outlook, with the current price around 0.0085 dollars. The primary technical pattern identified is a bull flag formation, suggesting potential for significant upward movement. A measured move derived from this bull flag points to a target price of approximately 0.024 dollars. Further Fibonacci analysis, considering the cycle high and low, suggests potential targets ranging from 0.019 to 0.022 dollars at the golden ratio, with a possible extension to 0.029 dollars, or even 0.034 dollars based on other projections. The analyst expresses an expectation for prices to surpass 0.02 dollars by the end of January or sometime in February, potentially reaching 0.029 to 0.03 dollars. The analysis also explores slower upward movements, with price potentially reaching targets like 0.029 to 0.03 dollars by early March. Key indicators like the MACD on the 4-hour chart show bullish divergence, and stochastics on the daily chart are in a favorable position for a bounce. The RSI on the daily chart has cooled off and is not oversold, maintaining a bullish posture. The invalidation point for this bullish thesis is explicitly set at a daily close below 0.00838 dollars. The analyst highlights low volume and low liquidity conditions, suggesting that price movements could be rapid.