Onyxcoin (XCN) Nears Oversold as Monthly Correction Reaches 30%

Onyxcoin (XCN) has been under heavy selling pressure, dropping more than 11% in the last seven days and over 30% in the past month. Multiple indicators now reflect this sustained weakness, with momentum and trend signals leaning decisively bearish. The RSI is nearing oversold levels, while the ADX shows the downtrend is gaining strength. Unless buyers step in soon, XCN could face deeper losses before any meaningful recovery attempt takes shape source: https://beincrypto.com/onyxcoin-nears-oversold-bears-take-control/