Onyxcoin (XCN) has undergone a significant 60% price correction after a substantial rally, causing retail traders to notably decrease their buying activity. According to NS3.AI, despite this downturn, whale wallets have aggressively accumulated nearly 10 billion XCN, demonstrating strong confidence at key support levels around $0.0052. Technical indicators reveal a potential bullish divergence on the 4-hour chart, suggesting a possible breakout setup that retail investors have yet to exploit.
