The XCN price dipped 7% today and looks like it’s going to finish this month slowly which is kind of expected considering the price recovered nicely this month.
With this in mind, we asked AI to predict the XCN price for May as the token is now trading around $0.0185.
What you'll learn 👉
Where XCN Stands Now
XCN’s price sits around $0.018 after bouncing back 80% in April from its $0.010 lows. Back in January, XCN saw a massive 18x pump that couldn’t last. February and March brought heavy drops.
Bitcoin is doing well at $94-95K, which usually helps smaller coins like XCN. The market feels mildly positive now, better than early April.
XCN recently launched new products like Goliath mainnet and Onyx Smart Wallet. These created some buzz, but the excitement is cooling off. The RSI dropped from 75 to 63, showing less buying pressure.
Some big traders are betting against XCN right now with negative funding rates. On-chain data shows buying pressure is still fairly low.
Key price levels to watch are $0.0182 for support and $0.0237 for resistance.
Read also: Why OnyxCoin (XCN) Might Be the Altcoin Everyone Regrets Ignoring
XCN Price Prediction: What May Could Bring
If Bitcoin stays strong or pushes toward $100K, and if people actually use the new Onyx Smart Wallet, XCN could keep going up.
The first target would be around $0.023-$0.025, about 30% higher than now. If XCN breaks past that with good trading volume, it might reach $0.029-$0.032, which would be 60-75% higher.
For this to happen, Bitcoin needs to stay above $90K and the Smart Wallet needs to attract real users, not just hype. Trading volume also needs to pick up.
But if Bitcoin cools off or people get cautious about smaller coins, the XCN price could lose steam fast. It might drop to $0.0155-$0.016, about 10-15% down from the current price. If selling gets worse, XCN could fall to around $0.0135, a 25-30% drop.
In the worst case—though this likely won’t happen unless Bitcoin crashes—XCN could go back to $0.010-$0.011, its April lows. This might happen if Bitcoin drops below $90K or if the Smart Wallet launch doesn’t go well.
The recent price recovery seems driven more by trading than by people buying and holding XCN. This makes it risky if the market mood changes suddenly.
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