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Sxpusd

SXPUSD on a long term bullish break out.SXPUSD broke today above the MA50 (1d), just three days after breaking above the 3 month Channel Down. This is the final bullish validation of the upcoming long term bullish reversal. Trading Plan: 1. Buy on the next pull back to the MA50 (1d). 2. Buy if the price closes a (1d) candle over Resistance (1) first. Targets: 1. and 2. 0.5900 (Fibonacci 0.618) Tips: 1. The RSI (1d) is at the highest level since April 6th, a clear signal that the trend has reversed. Please like, follow and comment!!
CRYPTO:SXPUSDLong
by TradingBrokersView
1
Swipe (SXP) to Solar (SXP) = explosive price growthAnnounced on 28.03.2023 the Swipe (SXP) Mainnet Swap & Rebranding Plan to Solar (SXP) finally managed to interest buyers and the SXPUSDT price began to grow rapidly. Now is the time for SXP arbitrageurs, because you can catch a price difference between exchanges of 7-8% For example, at the time of writing, the price of SXP on WhiteBIT is $0.75, and on Binance is $0.81 Earnings - done, trading turnover is growing rapidly, and demand is pushing the price up. When can this hype come to an end? We assume that in the price zone of $1.10-2.10, you should at least be careful with your purchases. After all, in this price zone, increased sales of SXP from the "happy owners" of this token, who bought it at this price 2 years ago, may begin) In the meantime, you can and should make money on cryptocurrency speculation) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
38
Should rise above 0.5810...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (SXPBTC 1W chart) The key is whether the price can sustain the rise above 0.0000 3071 to 0.0000 4386. Trading in the BTC market is not easy. Therefore, what you need to check on the BTC market chart is the strength of this coin (token) against BTC. Whether the BTC price rises or falls, if the BTC market chart of this coin (token) is showing an upward trend, it can be interpreted that as many people want to buy this coin (token). This is because the price of the stablecoin market chart (USDT, BUSD, USDC) will fluctuate according to these movements. However, it is not necessary to look at all coins (tokens) because the BTC market chart or USDT market chart moves almost the same for coins (tokens) with a low market cap. Therefore, there is no need to check the BTC market chart for SXP coins. ------------------------------------------- (SXPUSDT chart) As it rises above 0.4110, it appears to be trying to break away from the bottom. However, in order to completely break out of the bottom, the price needs to rise above 0.5810 to maintain the price. why? Did the price rise... why? Could the price have gone down... It may be natural to want to know this. However, volatility happens and knowing why doesn't help you in trading. On the contrary, as you learn the reason, your subjective thoughts will become stronger, and the possibility of making an erroneous transaction will only increase. So, when you see a chart where prices have surged or fallen like this, it's good to see how the next wave forms. It is not a good idea to create a trading strategy after volatility has occurred. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
3
SXP has been rallying well over the past few weeksSXP has been rallying well over the past few weeks, and the buying pressure that started at the bottom of the long-term descending channel suggests that the support at $0.20 could be one of the strongest retracement ranges for the long to medium-term. But note that these strong retracement moves on the weekly time frame can take the trend out of the fully bearish mode on the weekly time frame. In the last 24 hours, the currency has registered more than 20% price growth, creating a static break of the $0.32 resistance zone. Due to the heavy volume of trading done yesterday, as long as the SXP support is maintained in the $0.280-$0.290 range, we can expect the price growth to continue to the resistance in the $0.460-$0.490 range. Note that in the daily timeframe, the price trend is inside a smaller descending channel, and the ceiling of the channel was hit yesterday. Therefore, price correction can still be accompanied by demand until the previous floor of the spike candlestick is broken. One of the most reliable short-term supports is considered in the range of $0.301 to $0.306.
by MonoCoinSignal
1