SXPPERP trade ideas
swipe 2.15.21I had given Swipe one chance before when they made changes to the protocol and then changed it back bc of community outrage. Well they are up to their old tricks again and frankly i'm done with it. I had big hopes for Swipe. They have once more changed the fundamentals of SXp and i believe this may not hurt it immediately but it will hurt it longer term. It also seems like XVS is their new love. I hold alot of xvs i farmed but i sold all of my SXP yesterday after i saw their new roadmap. They got rid of all SXP staking as well as most of the burn mechanism . The chain is in FULL control of the team and is VERY centralized. I tried to ignore that but i cant in good conscience promote it any longer. I will be holding my XVS as i think that is the SXP replacement.
SXP 2.12.21 SXP is a MONSTER. its tapping into the 61 percent retrace so we may see some profit taking and maybe a small pullback. Buy it. If you arent in this well that is truly unfortunate. I gave a buy signal at 1 dollar and told ppl to buy it all the way down. That is exactly what i did. I also farmed XVS with the SXP so it was a win win as i hodled my XVS and SXP and still havent sold one. SXP is going to hit 5 dollars and probably blow on through towards 10 dollars in a run like ATOM. It is a bastard child of Binance. It also just partnered up with FTX exchange to provide cards. SXP is incredible. Buy it . If it pulls back buy more. If it keeps pulling back then buy even more. I mean thats what i would do if i didnt have any. Not financial advice. SXP is going to be the card KING. Crypto.com is dead.
Swipe coin buying opportunity If you are looking for virtual currencies with good returns, SXP can be a profitable investment option. Binance has completed an acquisition of Swipe six months ago. ... Based on my analysis, a long-term increase is expected
SXP is the native token of the Swipe DeFi ecosystem
I expect to reach 5$ dollars as a first target then 10$
SXP 2.6.21Anyone who has followed me knows how HARD i have pushed SXP all of 2020. I havent covered it as much but wow its doing incredible and holding well against the market. Looks like a pullback before running even higher. This is going to be my hardest trade to take profit on. It has SO MUCH potential but 5 dollars there will have to be some profit taking. maybe sell half which would be over a 6x. I know this thing can go to 10, 20 dollars. We will just have to see how it all plays out. The most under rated non defi project of all time. i think its still an ok accumulation long term trade for someone who can hold even through the worst and buy more.
SXP UPDATE! MORE POTENTIAL !!In the begging of January when SXP had confirmed its breakout from the mid august / September alt party 🎉
Entry was made after breakout and confirmation of retest. As expected SXP will not try to retest its previous daily resistances.
Long wicks indicating demand is getting filled quick.
Its possible to test $1.26 - $1.36 support cluster before seeing more uptrend.
Previous Setup:
SXP 1.30.21SXP continues to move in this accumulation cylinder. Holding 1 dollar was the largest battle it had to fight and the next one will be at 1.70. It is my belief that SXP will be one of the biggest gainers again in 2021. Lets go over a few reasons why.
1. SWIPE launched an IWO platform called Ignition late last year.. According to Swipe, “Ignition is an “Initial Wallet Offering” (IWO) that enables new projects to raise capital in SXP on the Swipe Wallet platform and where 50% of that raise gets burned.”
2. BURN. SXP is burned EVERYDAY. 80 percent from fees Here's the contract address. 0x8ce9137d39326ad0cd6491fb5cc0cba0e089b6a9 This is probably the most genius part about it and one that I hope Tezos adopts in some fashion.
3. CRYPTO DEBIT CARDS
4. SWIPE WALLET
5.SWIPE SAVINGS which allows you to earn up to 16 percent on your crypto holdings locked in
6. A powerful team and backing by BINANCE , one the biggest leaders in the CRYPTOverse.
There are many more reasons to rethink swipe again. If you need a low market cap coin for your portfolio this is one to think about. Its still just over a dollar and i think it can easily hit a 2 billion mcap which is close to a 15x from here. Maybe even more than that with crypto going mainstream.
SXP continues to perform very well even as the rest of the market slumped last week. The sheer amount of volume was record setting. Targets are 1.70, 2, 3,5, 7, and 10
SXP 1.27.21Finally started to get the turn around that we have been anticipating for a few weeks now. I'm looking for a huge bounce off of resistance as support. if not i believe it will continue to follow the channel upward. No real resistance until 1.70 so there's really no reason it doesnt make it unless bitcoin continues to dump out. Other than that SXP looks amazing and i still think 5 dollars is an easy target. 10-20 is what i see it hitting by 2022
SXPUSDSupport line mauve
The coin stop is alumai 0.786
It is important to overcome the red dotted channel and position itself above the yellow support at $ 1.29 in order to continue its objectives
Not leaving the red channel remains negative
If it pivoted at $ 3 and then exceeded its previous high of $ 5, it would reach the ceiling of the blue dotted channel approximately more than $ 15.