"ICXC NIKA" is a phrase commonly associated with Eastern Orthodox Christianity. It is a Christogram, a combination of letters that represent the name of Jesus Christ.
 
The breakdown of "ICXC NIKA":
1. IC: These are the first and last letters of "Jesus" in Greek (Ιησοῦς).
2. XC: These are the first and last letters of "Christ" in Greek (Χριστός).
3. NIKA: This is the Greek word for "conquers" or "is victorious."
 
"ICXC NIKA" can be translated as "Jesus Christ Conquers" or "Jesus Christ is Victorious." It's a declaration of the triumph of Jesus Christ over sin and death, and it's often used in the context of religious art and symbols within the Eastern Orthodox Christian tradition.