SXP
SXP - RETESTSXP could be on the verge of making a nice move up. We recently broke the descending trendline and we are retesting the broken structure and descending trendline.
Trade idea:
Watch for a bounce off the structure and get in with stops below the structure.
First TP: Previous highs (2.60)
Second TP: Structure level indicated on the chart (3.40)
100% SXP profitThis is just my opinion, please do not buy and sell with my analysis -
My friends, I think Swipe will have a good foundation in less than a month, so be sure to check it out
Analysis : There is a significant divergence in MACD and RSI
And break the trend line
Everything is visible in the image
- Don't forget to like
SXP-USDT Breakout ConfirmedSXP Breakout has happened with above-average volume in both 4hr & 1D charts. It seems that price action has retested the down trend line as a support. Keep your Stop loss around 1.95$ Area. Targets have been marked in the chart. But BTC should Co-operate for the trading setup.
SXP (SWIPE) 234% potential gains!Hello Traders,
As you can see in the chart there are a lot of bullish factors on SXP. We have a bullish MACD cross coming, Bullish Divergence on the RSI, a breakout of a falling channel. All this mix needs in some volume. If the price action continues as I suspect it will along the path laid out in my chart we will see a macro pattern form an Ascending Triangle which will bring us to the higher time frame target. Aside from technicals this project has a great team behind it, amazing partnerships and a use case to boot!
I have put together some useful information on this coin below.
Have a green week!
Savvy
SXP Price Live Data
The live Swipe price today is $2.26 USD with a 24-hour trading volume of $101,415,881 USD. We update our SXP to USD price in real-time. Swipe is up 1.46% in the last 24 hours. The current CoinMarketCap ranking is #152, with a live market cap of $434,107,594 USD. It has a circulating supply of 192,168,789 SXP coins and a max. supply of 239,612,084 SXP coins.
If you would like to know where to buy Swipe, the top exchanges for trading in Swipe are currently Binance, Mandala Exchange, CoinTiger, Upbit, and FTX. You can find others listed on our crypto exchanges page.
What Is Swipe (SXP)?
Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its API that is designed to create global payment cards powered by its native SXP token.
Swipe also has an on-chain product called Swipe Swap, an Automated Market Maker which is forked by Uniswap, SushiSwap, and THORchain and is powerd by Swipechain.
This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees, and securing Swipechain through bonding and governance.
Who Are the Founders of Swipe?
Swipe was founded by Joselito Lizarondo, an early Bitcoin investor and individual with a wealth of experience in startup businesses. Lizarondo currently serves as CEO of the platform.
In July 2020, it was announced that Swipe was acquired by Binance — one of the world's leading digital asset exchanges — for an undisclosed sum.
What Makes Swipe Unique?
Swipe currently powers the world's largest digital asset exchanges, Binance and FTX, connect to the world's largest payment network, Visa, through its Swipe API.
The Swipe API enables real-time cryptocurrency to fiat conversions with just a swipe of a debit card at a point of sale or ecommerce transaction which enables Swipe to create a frictionless user-expereience for its clients. Bundled in the Swipe API is Swipe Rewards, a card-linked-offer cashback network that lets cardholders earn up to 30% back at participating retailers.
How Is the Swipe Network Secured?
Swipe (SXP) is an ERC-20 token, as a result, its integrity is maintained by Ethereum's proof-of-work (POW) consensus mechanism and massive node network.
Swipechain utilizes a Byzantine Fault Tolerance consensus mechanism via Delegated Proof of Stake (DPoS).
Where Can You Buy Swipe (SXP)?
The Swipe token is currently available to trade on more than 50 different exchanges, including several of the largest and most reputable platforms — including Binance, KuCoin and Poloniex.
SXP is currently listed against a variety of cryptocurrencies, including Tether (USDT), Bitcoin (BTC) and Ethereum (ETH), as well as several fiat currencies, like Korean won (KRW), euros (EUR), and U.S. dollars (USD). For more information about purchasing cryptocurrencies with fiat, check out our comprehensive guide.
Strong bullish signs on SXP daily and weekly tfthe price has touched a good old ascending trend line on both daily and weekly time frame . also i am expecting MA100 crosses up MA200 which is a nice bullish event . in other hand indicators and oscillators on both daily and weekly time frame are showing strong signs of price increase . honestly it is obvious what is gonna happen to SXP price for upcoming days .
DAILY indicators and oscillators :
WEEKLY indicators and oscillators :
SXP USDT outlookMy view about SXP:
1. SXP is moving on a bullish trend
2. SXP have a potential forming IHnS
3. Right shoulder have a potential forming falling wedge
My strategy is spec buy now and can avg up if already brekout the falling wedge. Hope SXP can breakout and become a profit
cheers,
-NFA-
SXP crab, butterfly or bat?#SXPUSDT
$SXP is trading above support zone. there is a resistance zone that is the same with a descending resistance line around $2.9. if price hold the support and break out from descending resistance, it will head up to complete one of the patterns in chart. Bat at $5.4 - Butterfly at $6.2 - Crab at $8.
and if price break down the support zone this scenario will be invalidated.
₿ SXPUSDT 1D ₿ : 19.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 19.Oct.2021
⚠️(DYOR)
SXP above support#SXPUSDT
$SXP is above a long term ascending support line, which is the same with a support zone. if price hold this support and go upward it is possible to break the descending resistance line and touch $4.5 that is a resistance zone.
but if price break down the support zone. target of bears can be $0.7 and even $0.3