XCN Crypto is configured for an important-OIP-56 update and the XCN price is turning bullish, but what does all this mean for the price of Long-term Onyxcoin?
The crypto price action of Onyxcoin is analyzed since it is consolidated within a narrow range. The next OIP-56 proposal, which introduces the vote without gases, could be a change of play.
The XCN price is being waiting, but the foundations do not admit optimism. A high transaction network value ratio (NVT) suggests that the network is not gaining its assessment, and despite a decent RSI, the impulse seems stagnant. The merchants are waiting, not bets.
The N / A ratio indicates a robalization potential for XCN cryptography
Onyxcoin’s N / A relationship has just reached a maximum of five months, and that is not a bullish signal. The spike suggests a growing disconnection between market capitalization and token activity in the block chain.
In short, the valuation is scaring, but the use is not. Historically, that imbalance has a leg warning signal, or followed by corrections. Unless improved fundamentals, Onyxcoin could prepare for a verification of reality.
XCN remains stable for now. RSI levels suggest that there is still a mild bullish impulse, but all eyes are in the negotiation band of $ 0.0214– $ 0.0165.
Break above the top; XCN could push for $ 0.0237 or more.
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OIP-56 update brings optimism
OIP-56 could be the lifeguard of Onyxcoin. The proposal introduces the vote without gas, an update that could bring the real utility to the chain. If it offers, XCN could shake your discomfort and recover the impulse of investors.
But for now, the foundations do not cooperate. A global N / A relationship and flat transactions volumes emit a long shadow about its market capitalization classification.
XCN’s lateral action reflects a broader uncertainty for its price.
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What awaits XCN Crypto?
Onyxcoin is approaching a moment of makeup or broken. A push adjusts to $ 0.0214 could invite fresh capital and turn the feeling. However, a slide below $ 0.0165 will confirm what skeptics fear, that the price is running out ahead of the foundations.
The OIP-56 update promises a touch of use of the real world, but the gap between promise and performance has not closed.
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Key control
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The action of the XCN cryptographic price of Onyxcoin is under scrutiny, since it is consolidated within a narrow range.
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However, the high transaction network value ratio (NVT) raises concerns about theft.
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The OIP-56 update promises a touch of use of the real world, but the gap between promise and performance has not closed.
The Post XCN Crypto is configured for the Mega update: What does it mean for the price of Onyxcoin? It appeared first in 99bitcoins.