Onyxcoin (XCN) Faces Uphill Battle for Recovery Amid Investor Pullback

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In Brief

Onyxcoin (XCN) is struggling with low network growth and investor outflows, hindering its ability to recover.
Despite breaking out of a descending wedge pattern, XCN faces resistance and may hover near $0.0237.
If Onyxcoin secures support at $0.0237, it could rise to $0.0358; failing this, a deeper decline to $0.0184 is possible.
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