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3 Altcoins to Watch in Final Week of April With Onyxcoin Up 30%

BeInCrypto
Onyxcoin surged 47%, while Rain and STABLE showed different technical patterns in the final week of April.

Summary

In the final week of April, three altcoins presented distinct technical signals. Onyxcoin (XCN) experienced a significant 47.20% daily gain, reaching its highest point since mid-January, driven by an Upbit listing. However, it is now retesting resistance and remains below a descending trendline, with its momentum showing fragile signs despite a strong RSI breakout. Rain (RAIN) is trading between Fibonacci retracement levels of 0.382 and 0.5, with low volume indicating a neutral consolidation. Its price is coiling between these levels, awaiting broader market rotation for direction. STABLE, conversely, displayed a clean technical structure, holding higher highs and lows after hitting a W-pattern target. It is currently testing resistance at $0.037, with a potential path towards $0.04385 if it breaks through, though declining volume suggests weakening momentum.

(Source:BeInCrypto)