SXPUSDT is looking good. SXP breaks the downtrend line and retests it. The coin tests the major support zone and bounced back instantly from there. SXP has major news releases in the coming weeks. Charts look good and positive news will do the rest of the work.
Buy Zone: $1.14- $1.15
Targets: $1.3 - $1.45 - $1.75
Stop Loss: Below $1
I will be placing buys somewhere in this range of green trend lines. Ordinarily I would wait for a high volume bounce, but I assume it will come because Swipe is a legit project. Will be holding long term. Stop loss put at 0.8 just in case.
Swipe(SXPUSDT) fundamentals are very strong. Swipe launched crypto funded USD checking account and debit card. Current market cap only $100 Million. Swipe can be a real competitor and challenge to crypto.com (market cap $3 Billion). Both competitions would help for more innovation and shaping the crypto industry. According to this SXPUSDT got more room to go up...
At this moment, there Sell 3 signal present and I'm BEARISH .
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 4 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (1.84) for 1D to buy,
3- You can buy when candles open-close above...
SXP. Positive news are enough for the fundamental growth of the token. And if everything goes well in the crypto market, then the SXP token can first grow to $1.65. This mark will be decisive, and will tell the price where to move further.
If the news background continues to delight with positive and effective news, the SXP token may continue to grow to...
SXP has been on a steep downtrend after peaking out at $5-ish.
The hype cycle was very fast, whole CT was bullish, everyone bought in on the news that it will launch the card and it will be the next big thing on crypto and things like that.
Once the card actually came out, they gave in, and we now need to stake Bnb and (NOT SXP), which, in my opinion justifies...