Why are XCN and VIRTUAL prices up by 20% today?

Are Altcoins Entering an Early Phase of Altcoin Season

Something is shifting under the surface of the altcoin market. The broader crypto market is up today, major coins are moving steadily, and a few smaller names are suddenly waking up. XCN and VIRTUAL jumping nearly 20% on the same day is not a coincidence, especially after both spent time moving slowly with low interest.

This is usually how early altcoin season phases start. Not everything moves together. A few tokens break out first, volume comes back quietly, and price starts leading the story. That is why we are talking about the Altcoin price prediction here. Traders are watching these early movers closely to see if they are just short-term spikes or the first signs of a broader shift.

So the timing matters here.

Are XCN and VIRTUAL simply reacting to technical breakouts, or are they hinting that altcoins are slowly stepping into a new phase?

What Is Driving the Sudden XCN Price Surge

The Onyxcoin is trading around $0.005882, up nearly 21.07% in the last 24 hours. Since January 1, 2026, the token has gained close to 60%, showing steady upside momentum. Trading volume has jumped sharply to $48.13 million, marking a surge of around 347.5%, which confirms strong short-term interest.

Chart Source: TradingView

XCN Price had been under selling pressure for quite some time, similar to many other altcoins. For several weeks, the price stayed inside a downtrend channel with no real direction. Sellers kept showing up near the upper side of the range, while buyers quietly defended the lower levels. Because of this, the price kept moving sideways without any clear trend.

That changed around the $0.00418 level. Price tested this area twice and formed a clear double bottom. This is where buyers finally showed confidence. Volume picked up suddenly, and price started moving with intent. 

Another important shift was the break above the 100 EMA. Earlier, this level acted like a wall and rejected the price multiple times. Now the altcoin price is trading above it, which signals a change in short-term structure; currently, the price is testing an old resistance zone.

If XCN manages to break and hold above $0.00641 with solid momentum, the next upside level sits near $0.00743. If strength continues, the move could extend toward $0.00914.

On the other side, if the price gets rejected here, a pullback toward $0.00500 is likely. If selling pressure increases further, the $0.00400 area comes back into focus.

What’s Behind the Sudden VIRTUAL Price Jump

According to CoinMarketCap, Virtual Protocol is trading near $1.08, up around 24% in the last 24 hours. Trading volume has also jumped sharply, rising about 146.12%, showing strong short-term interest. Over the last five days, VIRTUAL is up nearly 70% from its 2025 drawdown, putting the token back on trader radar.

Source: TradingView

VIRTUAL has been showing a setup very similar to XCN. For a long time, the price traded lower and followed a clear downtrend line. Every time the price tried to rise, sellers intervened and pushed it back down. Buyers stayed quiet during that phase, and momentum was missing.

Things started to change around the $0.6675 level. This zone acted as a strong support in the past, and once again, price refused to break below it. Instead of selling off, the VIRTUAL price stayed there for a while, moving sideways and building a base. During this phase, a double bottom started to form, which slowly brought buyers back into the picture.

Momentum improved once the price moved higher from that base. The bullish crossover between the 21 EMA and 50 EMA also helped support the move. After that, the price pushed higher with better volume behind it; currently, VIRTUAL is heading into a short-term resistance zone between $1.1624 and $1.200. 

If price manages to break above this range and hold, the next upside area to watch is around $1.50 in the short term. If price pulls back instead, $0.8500 should act as the first support along with the EMA levels. 

A deeper drop could bring the price back toward $0.6675, but with current volume and momentum, that scenario looks less likely for now.

Conclusion

XCN and VIRTUAL moving together show that altcoins are starting to wake up again. Both coins built bases, volume came back, and price reacted fast. This is why the altcoin price prediction angle matters right now. Momentum is there, but it still needs to hold. If buying stays strong, moves can extend. If not, pullbacks are normal. For now, price action is doing the talking.

YMYL Disclaimer

This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve risk, and readers should conduct their own research before making any investment decisions.