Tap (XTP) Project Overview + Long-Term Targets @AlanMasters
Updated
About Tap (XTP)
Tap offers one-stop services for cryptocurrency participants and aims to remove financial boundaries by supporting connections with banks and exchanges. Tap offers a Mastercard to EU and UK residents. Tap claims to hold a DLT licence from the GFSC and claims to be the only company in its sector regulated to hold fiat and crypto. After depositing fiat currency into the Tap app, users can trade various cryptocurrencies on different exchanges using one app and a single KYC process. Users can also send any crypto asset to anyone in the world through the app for free and the asset can be used by the recipient instantly.
Source: Coinmarketcap.com
Website: tap.global
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Tap (XTPBTC) Chart Analysis
Here have a descending channel/falling wedge for Tap (XTPBTC).
We have a bullish breakout of the falling wedge as well as prices moving above EMA10, both strong bullish signals.
This is the weekly timeframe so each signal is 7X stronger than what we get on the daily...
Meaning that these signals are really strong.
Tap is looking good... The next targets/resistance levels are marked on the chart.
Namaste.
Tap offers one-stop services for cryptocurrency participants and aims to remove financial boundaries by supporting connections with banks and exchanges. Tap offers a Mastercard to EU and UK residents. Tap claims to hold a DLT licence from the GFSC and claims to be the only company in its sector regulated to hold fiat and crypto. After depositing fiat currency into the Tap app, users can trade various cryptocurrencies on different exchanges using one app and a single KYC process. Users can also send any crypto asset to anyone in the world through the app for free and the asset can be used by the recipient instantly.
Source: Coinmarketcap.com
Website: tap.global
--------------
Tap (XTPBTC) Chart Analysis
Here have a descending channel/falling wedge for Tap (XTPBTC).
We have a bullish breakout of the falling wedge as well as prices moving above EMA10, both strong bullish signals.
- The MACD is showing a bullish cross with the histogram starting to turn green.
- And the RSI is strong above 50.
This is the weekly timeframe so each signal is 7X stronger than what we get on the daily...
Meaning that these signals are really strong.
Tap is looking good... The next targets/resistance levels are marked on the chart.
Namaste.
Note
Up to 48%+ since sharing...More to come.
Enjoy the profits.
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