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TronWeekly

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XCN Price Eyes Breakout: Will Chain Surge Past the $0.01750 Resistance?

  • XCN price is on the verge of a breakout towards the $0.01750 resistance zone with positive market sentiment and bullish technical indicators.
  • MACD indicates bearish convergence, while RSI approaching oversold levels hints at a potential reversal in XCN price movement.
  • XCN is trading at $0.01644 with a market cap of $551.6M and a 24-hour trading volume of $29.35M, experiencing volatility but showing signs for the next major journey.
  • A prominent analyst notes XCN facing bearish pressure, with price below key moving averages and resistance at $0.01750. MACD signals continuing bearish momentum, while RSI suggests a possible bounce at the support near $0.01600.

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