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SLP / TetherUS

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SLPUSDT trade ideas

SLP On Fire: Don't Miss Out on This Buy Trade!"Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
Long
by MoonTradingForecast
SLPSLP has been in a consistent downtrend since April 2022, which coincides with a significant increase in the number of coins released since its inception. However, there has been a sporadic but constant burn of coins since last year, which may help mitigate some of the oversupply. BTC continues to dominate the cryptocurrency market, and although we have seen a run on altcoins in recent months, it hasn't been a serious threat. Besides SLP, Axie and Ronin are also experiencing an influx of capital, which is making it harder for SLP holders. I have no illusions that SLP will reach the previous high of 40 cents again. With a circulating supply of 42 billion coins, such a feat is only possible through a drastic change in circulating supply and a significant reduction in the number of coins in circulation. To be realistic, it is possible for SLP to reach the 0.03 area. If you look at the formation, it is a textbook example of a descending channel, which usually has a bullish breakout which leads to a very quick rally. Keep in mind that this formation has been in making for more than a year. This coin could fly very quickly, it will be interesting to see what happens. Good luck to you all, and always be smart with how you spend money.
by haloman0ol
4
#SLP/USDT - Long - Potential 13.89%#SLP/USDT - Long - Potential 13.89% Strategy: Long Exchange: Multi-Exchange Account: Spot Entry mode: DCA Limit Invest: 7.22% Exit: • ⎿ Target 2 : 0.003271 13.85% • ⎿ Target 1 : 0.003072 6.93% DCA Entries • ⎿ Entry : 0.002873 - 100% • ⎿ Current market price: 0.002882 Stop: 0.002674 (-6.93%) Technical indicators: • ⎿ 24h Volume: 7692840.732765 • ⎿ Satoshis: 0.002882 Excellent trendbreak on this gaming token. Looks to be continuing although near overbought so I'm 100% at TP1 (and on everything I'm publishing atm), If you're holding for TP2 I'd throw in a trailing stop. ​ Trade: SLPUSDT 01/04/2023 12:01 Account: SPOT Volume last 24h: 7692840.73 USDT
Long
by CryptoNicho
2
SLP is going up to the moonlook at the potential of Smooth love potion, it hasn't touched the top trend, it will be literally the biggest pump in this year. the advantage is so high. I don't put all of my reasons on the chart anymore. but I can tell this for sure and I bet my life on it. it is time to long this and over time very soon, by soon I mean really soon it will pump. I'll tell you one reason why it is good time now: look at the two major volume exchange for SLP Binance and OKx perpetual you'll find out ;).
Long
by thefloydian
8