Onyxcoin (XCN) is currently priced at $0.01067367, reflecting a 24-hour decline of 2.07%. The price has fluctuated between a 24-hour high of $0.01101571 and a low of $0.01067128, indicating a relatively tight daily range of $0.00034443.

The trading volume stands at approximately 13,898,998, which represents a volume to market cap ratio of 3.69%. The hourly moving averages suggest a bearish trend, with the 8 SMA at $0.0108 down 1.16%, and the 144 SMA at $0.0111 down 4.23%, indicating persistent downward pressure on the price.

In terms of momentum indicators, the 1-hour RSI is currently at 28, indicating that XCN is oversold in the short term. Meanwhile, the 7-day RSI at 45 reflects a neutral sentiment, but the recent 7-day price change of -7.92% signals a loss of momentum over the past week.

Looking at the longer-term performance, Onyxcoin has experienced a slight decline of 1.64% over 14 days and a minimal drop of 0.22% over 30 days. The all-time high of $0.184139, reached on May 27, 2022, emphasizes the significant distance from current price levels and suggests a long-term bearish trend.

Given the current technical indicators and price action, XCN appears to be in a bearish phase, with both short-term and longer-term trends indicating further downside potential. Therefore, the recommendation is to Sell, as the lack of bullish momentum and the oversold condition may not provide sufficient support for a price recovery in the near term.