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Sxplong

April will be HUGE for Swipe! (USD)Swipe aims to solve one of the problems that were especially prevalent in cryptocurrency prior to this year, allowing users to spend their cryptocurrency in everyday life via a familiar debit card - and get rewarded for doing so. As more and more companies are adopting cryptocurrency as forms of payment, it may seem that the use case of Swipe will diminish, this a partly true. However, Swipe has established itself as a powerful player amongst rivals like crypto.com and the use case is certainly not something to worry about in the short term, especially while we are on the cusp of price discovery with constant developments like Swipe Swap. TA: - RSI showing strength especially since we are so close to the all-time high. - Break out above long term resistance a couple of months ago, flipped to support and sustained - Accending channel formed, tested the top twice with healthy fallbacks to support and bounces shortly after. - Significantly more volume since the beginning of the year, peaking in February but picking back up these last few weeks. - Predicting an Elliot impulse wave either this push up (as seen on chart) or the next one as the resistance becomes weaker. Won't be too hard to get some resistance support flips considering the recent ATH which price discovery was ruined by BTC. - Consistently being ranked high on the social blade - people are watching this coin, perhaps waiting for it to break out of the channel, pass the recent ATH or waiting for BTC to stabilise before they buy. - Possible ascending triangle formed within the channel. FA: - Swipe swap recently launched, which includes a generic swapping service as well as farming. - Tied with Binance, which is basically endless money and advertising stream for Swipe. - Use case is as a debit card where you can spend your crypto in everyday life, much like crypto.com. - They have had many complaints about the choppy user interface on Swipe swap and appalling customer support, however, I do not see this as something that will hold the price down, most investors aren't affected by these two negatives. I also assume that these things are being worked on. - No concerns about listings or accessibility for swipe as it is listed and run by Binance and their partners, Binance being the most used cryptocurrency exchange in the world. Buy big sell BIGGER - Megawhale
BINANCE:SXPUSDLong
by MegaWhale
1
SXP break out soon ?? 📢 Hello Traders. Hope you are having a brilliant day. Well, I want to talk about SXP on 4H chart. As you can see, price lately broke the yellow resistance line with a nice green candle. What now? I think price is going to make a compression under the purple resistance which is ATH and then breaks out. Best buy positions are : 1) Pullback to the yellow line ( around 4.5$) 2) When it breaks the purple resistance and consolidates above or pullbacks to it. 🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades. 🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders. If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis. Thank you guys for reading my idea on SXP and don`t forget to comment what you think. ✌
Long
by Existansilon
SXP/BTC LongSXP/BTC looks like it is going to make a nice move within the coming weeks: MA30 has bullishly crossed above the EMA100 for the first time ever and is now acting as support. A lovely inverse Head and Shoulders has been printed and we can expect, once price has confirmed the S/R flip of the neckline around .00006791, that price will continue upward toward the iH&S target of .00011629 Ichimoku is bullish: -Kumo cloud is green -Tenkan is above the Kijun while both above the cloud -Laggin span is above cloud and price -Kijun temporarily acting as resistance, however price is being squeezed between the Kijun and MA30 and with the rest of the chart looking bullish, it seems likely Kijun resistance gives before MA30 support does
Long
by Hrempe
SXP - 4h. Good chance for 20% tradeAn interesting situation in the SXP market. On January 27, buyers aggressively attacked the range of $1.24-1.27 . As you can see from the volume and number of attempts to break through this range, the plans of buyers were serious . It took several days for buyers to buy out the entire offer on the market in a narrow consolidation. After a local test in the range of $1.24-1.27 on February 2, the buyers proved their strength and are ready to push the price higher. At the moment, the SXP price is in the consolidation channe l. If buyers can consolidate above $1.55 , we will see a sharp rise in price by 20%. The main goal is the range of $1.74-1.8. An interesting fact is that we wrote about the growth of this coin much earlier in our global idea: _________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
Long
by P_S_trade
26