Onyxcoin (XCN) is currently priced at $0.01852061, reflecting a minor decline of 1.20622% over the last 24 hours. The daily trading range has been relatively tight, with a high of $0.01920758 and a low of $0.0182387, indicating a lack of strong volatility.

Trading volume stands at 44,321,697, which constitutes 6.98% of the market cap, suggesting moderate activity relative to its size. The hourly moving averages indicate a bearish trend with the 8 SMA, 13 SMA, and 55 SMA all showing negative changes, while the 144 SMA indicates a slight positive movement.

The 1-hour RSI is at 51, suggesting that the asset is neither overbought nor oversold, while the 7-day RSI at 54 points to a stable momentum. Over the past week, XCN has experienced an 8.73% price increase, with even stronger gains of 33.29% over the past two weeks and 35.77% over the past 30 days, showcasing a potential bullish trend in the medium term.

Despite the current price dip, the recent upward momentum and price changes indicate that XCN may still be in a recovery phase after its substantial decline from the all-time high of $0.184139 reached in May 2022. The recent technical indicators suggest that while there may be short-term bearish pressure, the longer-term outlook remains positive.

Given the current data, the recommendation for Onyxcoin (XCN) is to Hold. This is due to the potential for continued upward momentum in the medium term, despite recent price fluctuations, making it prudent to wait for further confirmation before making a buying decision.