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XCN Price in Freefall – Will It Recover?

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Onyxcoin has been on a persistent downtrend since reaching its all-time high of $0.049 on January 26. Trading at $0.015 at press time, the coin has since shed 57% of its value. 

With mounting bearish pressure, the decline may not be over as market indicators signal further downside risks.

XCN Faces Heavy Sell Pressure 

The steady outflows from XCN’s spot markets over the past month reflect the increased selling activity among its investors. Per Coinglass, in February, the altcoin only recorded four days of inflows, which totaled just $3.5 million. Conversely, XCN spot outflows exceeded $15 million during the same period.

XCN Spot Inflow/Outflow
XCN Spot Inflow/Outflow. Source: Coinglass

Outflows from the XCN spot markets have reached $6.45 million so far this month. When an asset records significant spot outflows like this, its investors are selling their holdings.

This trend indicates that profit-taking is significant among XCN traders. It is a sign that there is no new demand for the altcoin, potentially lowering its prices in the short term.

Moreover, its funding rate has been predominantly negative since the beginning of the year, highlighting the bearish bias toward XCN.  

XCN Funding Rate
XCN Funding Rate. Source: Coinglass

This periodic fee is exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When persistently negative like this, it means short positions are dominant, indicating traders are betting on further price declines, which can further reinforce bearish sentiment.

XCN Stuck in Downtrend: Will It Break Free or Drop Further?

On the daily chart, XCN remains within the descending parallel channel it has traded within since January 26. This bearish pattern is formed when an asset’s price moves between two downward-sloping parallel trendlines, indicating a sustained downtrend. 

The pattern suggests that XCN sellers are in control. A drop below the lower trend line, which forms support, hints at further downside. If this happens, XCN’s price could drop to $0.0075.

XCN Price Analysis.
XCN Price Analysis. Source: TradingView

However, a bullish resurgence in the XCN market could prevent this. If new demand soars, the token’s value could climb to $0.022. 

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Crypto AI Agents Face Bear Market, But DeFAI Brings Hope

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Crypto AI agents are in a tough spot right now, with market caps declining around 60-70% in the past two months. Yet, there is strong potential for sustainable growth. The volatility inherent in crypto can weed out unsuccessful projects while fostering a sense of determination and innovation.

DeFAI remains an intriguing area of investment, and many members of the Ethereum community still foresee strong potential from combining AI and crypto.

Do AI Agents Have a Place in Crypto?

AI agents were touted as the next big thing in Web3 just a few months ago. However, volatility and speculative trading has severely impacted the sector.

Last month, the sector’s market cap fell 65%, and new launches have seen mixed success. Now, some community members are speculating that the whole concept was a fad and that meme coins will subsume all demand.

Case in point, AI agents’ market cap is down 60-70% from the start of 2025.

AI Agents Market Cap
Crypto AI Agents Market Cap. Source: CoinGecko

Despite these bearish figures, not everyone in crypto shares this dismal vision. This industry has always been defined by its volatility and boom and bust cycles.

However, from shock incidents like market collapses to scheduled events like Bitcoin halvings, bear cycles always present an opportunity to weed out nonviable projects. Successful fundamentals win out.

“AI agents are not over. They’re on the path of adoption like the majority of other technological breakthroughs.Initially, people believed every AI project would be worth billions. Now, after months of development and the natural elimination of unsustainable projects, people are more bearish than ever. This is the exact time to lock in for solid projects,” developer DeFi Warhol claimed.

He claimed that AI agents hit a “peak of inflated expectations” in late 2024, which led to widespread disillusionment at the first sign of trouble. However, ambitious developers are still trying to innovate and are determined work will bring new projects to the markets.

Popular AI investor 0xJeff posited that one area looks particularly fruitful for future investment: DeFAI, which merges DeFi with AI.

“The best way to build a highly differentiated AI agent is to tap into existing high-value verticals. One of the best sectors is DeFi—many highly matured sub-sectors offer tons of value with ~$100 billion TVL combined. The easiest way to start isn’t by adding AI—it’s by bringing DeFi to AI agent tokens,” he claimed.

Before the AI agent space hit this bear market, DeFAI was already heralded as a potential growth area. 0xJeff identified a few extant projects that already have high potential, claiming that AI could make complicated DeFi instruments more intelligible to the average user.

This simple integration could be a massive value-add to projects like Pendle or GammaSwap.

DeFi projects in categories like liquid Staking, restaking, yield markets, and stablecoins can benefit from AI agents. Additionally, community members are reporting that the hype isn’t dead yet.

At ETHDenver, the Ethereum community’s biggest conference, AI integration was a key agenda. So, the crypto AI agents bubble might have popped, but real tangible growth is likely just starting.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Bitcoin Pepe readies for a crypto revolution amidst a risk-off mood

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Crypto majors have remained under pressure despite President Trump’s talks of a US crypto reserve. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood.

Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe, the first meme ICO on Bitcoin’s network, is one of the projects on meme lovers’ radar. Its one-of-a-kind infrastructure and virality have positioned it for a crypto revolution with its early adopters earning heftily in the process.

Bitcoin price caught between risk-off mood and bull run optimism

Bitcoin price is back above the crucial support zone of $85,000 after plunging below it in the previous session. However, the market remains noisy as extreme fear overshadows the highly anticipated bull run of 2025.

In the near term, the bulls will likely face resistance along the 25-day EMA at $92,177. That may yield range-bound trading with the major finding support at $85,073. Further rebounding will place the next target at $94.553. 

Bitcoin Pepe sets the stage for a crypto revolution

The meme culture has revolutionized the crypto market as savvy investors look for profitable opportunities in affordable projects with huge growth potential. The popularity of meme coins has boosted the market to a market cap of $59 billion according to CoinGecko.

It is no wonder Bitcoin Pepe, the first meme ICO on the Bitcoin network, has caught the industry by storm. About three weeks since the launch of its presale, the project has already sold out its first 5 stages. During that period, it has raised over $3.8 million. Besides, its token price has surged by 27.6% to the current $0.0268. 

Indeed, Bitcoin Pepe is designed in favor early adopters. By the end of the remaining 24 sessions, the token price will have cumulative gains of 311.4% at $0.0864.

This success is not just built on its virality; its infrastructure adds to the project’s growth potential. To begin with, it combines Solana’s speed with Bitcoin’s stability. Besides, the PEP-20 standard enables one to launch meme coins on Bitcoin. It is these factors that are set to sustain the project’s upward momentum before and after its listing in the year’s second quarter. Find out how to buy Bitcoin Pepe here.

Ripple price underperforms as talks of a crypto reserve underwhelms the market

Ripple price extended its gains on Wednesday; erasing some of the losses recorded at the start of the week. Even so, it remains under pressure as investors maintain a risk-off mood with a crypto fear & greed index of 20. Optimism over a US crypto reserve as highlighted by President Trump appears to be fading. 

A look at its daily chart shows the altcoin’s price hovering around the 25 and 50-day EMAs. In the near term, the range between $2.2631 and $2.6065 will be worth watching. Further rebounding will likely have Ripple price find resistance at $2.7450. However, this thesis will be invalidated by a pullback past the lower support zone of $2.1640.

  



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SafeMoon Faces Risk of a 55% Correction After Solana Migration

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SafeMoon (SFM) has surged nearly 60% in the last two days and 490% in the past week following its migration from BNB to Solana. The rapid price increase has pushed key indicators into bullish territory, with ADX confirming strong trend momentum and EMA lines forming a golden cross.

However, BBTrend remains in negative territory despite briefly turning positive, signaling that selling pressure still lingers. If the uptrend fails to hold, SFM could face a sharp correction, potentially losing up to 55% from its recent highs.

SafeMoon ADX Shows the Uptrend Is Strong

SafeMoon’s Average Directional Index (ADX) is currently at 31.5, a significant rise from 17.7 just a day ago. This sharp increase suggests that trend strength has dramatically improved, reinforcing the possibility of a more defined directional move at a moment when meme coins are having a hard time.

With ADX now above the key 25 threshold, it signals that SafeMoon is transitioning from a weak trend into a stronger phase.

Given that SFM is attempting to establish an uptrend, the rising ADX indicates growing momentum, potentially supporting further price increases if buying pressure continues to build.

SFM ADX.
SFM ADX. Source: TradingView.

ADX, or the Average Directional Index, is a technical indicator that measures the strength of a trend without determining its direction.

Generally, values above 25 indicate a strong trend, while readings below 20 suggest weak or indecisive market conditions. With SFM’s ADX now at 31.5, it confirms that momentum is strengthening, supporting the case for a sustained move higher. However, while ADX shows trend strength, the direction will depend on whether buying pressure remains dominant.

If bullish sentiment continues, SFM could solidify its uptrend, but if selling pressure returns, price action could become more volatile despite the rising ADX.

SFM BBTrend Briefly Touched Positive Levels, But It’s Negative Again

SFM Bollinger Band Trend (BBTrend) is currently at -6.54, after briefly touching a positive value of 4.88 yesterday. However, this bullish move was short-lived, and SFM’s BBTrend has remained in negative territory since February 26.

The trend reached its lowest point at -58.3 on March 2, signaling extreme bearish momentum at the time.

While the current level is a significant improvement from this recent low, the fact that SFM was unable to sustain a positive BBTrend suggests that selling pressure remains a dominant force in the market, despite the current price surge.

SFM BBTrend.
SFM BBTrend. Source: TradingView.

BBTrend, or Bollinger Band Trend, is a technical indicator used to assess the strength and direction of price movement based on Bollinger Bands. Positive values indicate that the price is trading in the upper portion of the bands, signaling bullish momentum.

In contrast, negative values suggest that the price is within the lower bands, reflecting a bearish trend. With SFM BBTrend now at -6.54, it indicates that while the extreme bearish conditions from March 2 have eased, the asset is still in a negative phase.

If BBTrend moves back into positive territory and holds, it could signal a shift toward a stronger recovery, but if it continues to trend downward, it would confirm that SFM remains under selling pressure.

SafeMoon Could Correct By 55% Soon

SafeMoon EMA lines are currently forming a golden cross, a bullish signal that often precedes upward momentum. A golden cross occurs when a shorter-term EMA crosses above a longer-term EMA, indicating a shift toward bullish market conditions.

SafeMoon is trending after its recent migration from BNB to Solana. If this trend holds, SFM could rise to test the resistance at $0.000128. A successful breakout above this level could push the price further toward $0.000134.

This formation suggests that bullish momentum is building, potentially setting the stage for a stronger recovery if buyers sustain their pressure.

SFM Price Analysis.
SFM Price Analysis. Source: TradingView.

However, as indicated by BBTrend, the uptrend remains fragile and could quickly reverse into a strong correction.

If bullish momentum fades and selling pressure increases, SFM could drop to test support at $0.0000659.

A breakdown of this level could accelerate the decline, pushing the price as low as $0.000038.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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