Swipe
SWIPE (SXP) final hours :) HTF 1D perspectiveHTF perspective - 1D chart
We are at the end of descending triangle, SXP still can go both ways - RIP or UP
UP scenario would be clean break above red TL - retest + hold with not much of a resistance to $3.5 imo
RIP scenario would be R.I.P aka worse than stablecoin.
DO NOT jump in yet imo since SXP has not yet decided its direction, be patient. CHEERS :)
BINANCE Bought Leading Crypto Visa Card Issuing Platform SWIPE !Binance Announces Swipe Takeover!
Swipe is the industry’s leading cryptocurrency Visa card issuing platform that enables users to instantly spend cryptocurrencies at over 70 million locations worldwide.
All current SXP utility will remain unchanged.
I think this is the beginning of something big! they want to build a rival for CRO.
CRO has a mk cap of 14 Billion while SXP only 400 Million at this point.
I think upside potential for SXP is huge from here: 35X just to reach the market cap of CRO!
Swipe 888.8% Potential To All-Time HighWe just looked at Swipe (SXPBTC) short-term potential by reading the daily TF chart.
Now, let's look at the long-term chart (weekly TF).
We can see this weeks candle moving above EMA10 for the first time since August 2021, when SXPBTC bounced above EMA10/50 just to move lower.
The chart looks better now compared to Aug. since we are coming out of a new low; a higher low looking back at Jan.
We are aiming for a higher high next.
The weekly candle closes in 2 days which will confirm the break of EMA10 as resistance.
The next barrier is EMA21 at 0.00004411, this level is likely to be conquered this same week.
EMA50 at 0.00005672 is the main resistance and another rejection can happen higher.
But, since we have a higher low, EMA50 is likely to give in to the bulls.
We have over 888.8% potential profits from the current price to the All-Time High. This is pretty nice.
It can higher of course but we are not greedy... So we focus on some conservative targets and rejoice if it goes higher than our initial goal.
I go for 50% mainly on longer trades, but also 100%, 200% and beyond.
In some cases, I aim at 500% or more...
What I learned through the years is that it can take a long time to reach such great returns.
This is not financial advice.
Thanks for reading.
Come back again.
Thanks a lot for your continued support.
Namaste.
Swipe Strong Breakout (+ Old Chart)Swipe (SXPBTC) is doing pretty good today and we are expecting a full trend reversal.
This is just getting started...
Here you have the full chart:
We can see prices moving and closing above EMA50.
The highest volume bar daily since May and also a higher low compared to the beginning of this year.
See my chart for SXPBTC from July 2020 below...
Swipe (SXP) Is Only Getting Started... New Targets at 200%+
Let's see how it goes.
Namaste.
$6 SIX DOLLAR SXP STILL A POSSIBILITY!TL;DR
-Watch for restest of horizontal support
-Target $4.19 as first target( sell initial investments)
-Watch for succesful retest of D1 resistance or purple trendline and add to positions
-Target trendline resistance as second target ($6.5+)
As we know, I put out a trade idea for SXP recently saying it could reach $20 this cycle and $89 in the long term.
However, Bitcoin seems to have crashed that party and had our idea invalidated/delayed in the process.
Not to worry. In this Idea I will show you levels I'm still watching for the "dinosaur coin" (as one of my comrades would describe it)
Diving into the chart above, we can see that SXP has strong resistance at the $3 level and $4.19 level and even got rejected several times at those levels, but i failed to point that out in my last analysis(which is linked below btw).
Furthermore, we seem to have formed a strong support level at the $1.27-1.3 area with multiple wicks below.
Looking at the dotted trendline (our major trendline when plotted on a log scale) seems to be where price bounced off most of the time, but now it has been breached due to recent events. Plotting a second trend line on a regular scale (lower black trendline), we see price seems to have formed a new trend support and aligns perfectly with our support region @$1.3 levels.
Zooming in, we can also notice that a range has been formed within our resistance and support levels ($1.27-$4.19).
Also everytime we touched the lower trendline, we managed to make it back to the higher resistance trendline at ath levels, but the move back in may only touched horizontal support and not the lower trendline, hence $4.19 coming into play for rejection.
Main Trade Idea:
Watch for a retest of the $1.3 area(or enter now if it suits you) and Target $4.19 as the first target to sell half of your holdings or your initial investments (whichever one you prefer) and target trend resistance as the second target (around $6.5)
On reaching the first target, you can watch for a retest of the D1 resistance and see if we get and S/R slip there to add to your positions, or wait for a retest of the purple trendline breakout.
As always, if you agree with this idea, comments and likes are a great feedback.
🆓Swipe (SXP) Dec-28 #SXP $SXP
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.5 - 1.4
🔴Sell : 1.8 - 2.1 - 2.4 - 2.7
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.2 - 1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
$SXP DAILY CHARTLooking at the SXP daily chart, the green zone appears as a buying area. With the breakdown of the ongoing downward trend from May, the price will try to pass the red areas in order. It should not be forgotten that these red areas will appear as resistance and are good areas to take profit. Looking at the shorter time frame (4 hours), the $2 level seems to be the first target. With a two-day close below the green area, the trade should be stopped.
SXP günlük grafiğine bakıldığında yeşil bölge alım alanı olarak karşımıza çıkıyor. Mayıs ayından süregelen düşen trendin kırılımı ile fiyat sırası ile kırmızı alanları geçmeyi deneyecektir. Bu kırmızı alanların karşımıza direnç olarak çıkacağını ve kar almak için güzel bölgeler olduğunu unutmamak gerekir. Daha kısa zaman diliminde bakıldığında ( 4 saatlik ) $2 seviyesi ilk hedef olarak gözükmekte. Yeşil alanın altında iki günlük kapanış ile işlem stop edilmeli.
SXP POSSIBLE LONG & SHORT SCENARIOSXP is currently trading under resistance, A move down will see us revisit support at $1.3 level, while a break above current resistance @ $2.6 and a successful retest would see us revisit price levels of $4.1 and higher. If there's anything losing my $1000 capital has taught me, it's wait for confirmation always. Starting again with $40. Hoping to turn this into at least $500 before EOY. Sidelined since the start of september.
Stay Safe folks and don't FOMO.
Rise of DeFi is near Let me be clear on one thing, we are in the Bull market and Altseason is happening. It is only a matter of time which one pops first.
As you can see some of the big names in DeFi are consolidating for a long time.
I believe all these four will need to complete another fill Fib Retracement as It has the potential, Volume, and Liquidity.
If we look at their rise on summer DeFI we can guess it might happen just before BTC reach its all-time high. Guessing the ATH of BTC is another subject but I see a huge opportunity in Giant projects in DeFi that have been quite for some time.
SXP entered to pump zone#sxp has two big support zones and a support test zone as you see on chart
the price is going down to retest the support zone again
we can have a big rally to break the roof and super pump to ATH
buy and hold it if you want to have super altcoin
i bet it can surprise you by his price
if you agree please like and share
comment me your special coin to analyse
good luck...
SXP2021 It has been a very good year for the Swipe cryptocurrency, which has appreciated by exactly 681% since its opening of the year. Winter was the best peak the currency could reach, since then the currency has devalued more or less than 50% these days. That for me I see this as a possible purchase opportunity in the future. Now I'm going to explain why I see it as a possible purchase from her. Speaking of it graphically now, I see that prices have consolidated where bulls and bears are not in charge, like a tug of war, where no one is winning or losing PORIQUANTO! Prices stabilized when they left the trail of a graphic figure, which is called the Symmetrical Triangle. Given these circumstances of 2021, I see this pattern as a possible continuation of bull bulls. It is clear if prices manage to break the resistance line of the round numbers of 5 dollars
DISCLAIMER: Please note, my studies portray only my personal opinion and should be considered for educational purposes only. They should not be considered as asset purchase or sale recommendations (calls), only a CNPI has such authorization
#SWIPE #SXP my Exit Target @ $7.2SXP is no dinosaur, with little technical data to analyze since it doesn't stretch back to previous market cycles to draw a FIB R Levels from its 2017/2018 ATH.
So I choose to be conservative here and draw the lines as per this year's May 19th dip from its cycle ATH to ATL that followed. I witnessed that ADA, AVAX & MANA (the early boomers) got stalled between 1.618 & 2.618 FIB R levels.
That said, I'll have 1.618 FIB R level to be my target roof at $7.2 while it has all the potential to continue north from there... but that is a risk that I don't intend to take.
NOTE
CRO is closing towards 1.618 FIB Level, which seems to be this quarter top for most Alts. SXP (CRO competitor) didn’t nudge yet. Don’t expect Binance will let it sleep for long.
100% SXP profitThis is just my opinion, please do not buy and sell with my analysis -
My friends, I think Swipe will have a good foundation in less than a month, so be sure to check it out
Analysis : There is a significant divergence in MACD and RSI
And break the trend line
Everything is visible in the image
- Don't forget to like
SXP (SWIPE) 234% potential gains!Hello Traders,
As you can see in the chart there are a lot of bullish factors on SXP. We have a bullish MACD cross coming, Bullish Divergence on the RSI, a breakout of a falling channel. All this mix needs in some volume. If the price action continues as I suspect it will along the path laid out in my chart we will see a macro pattern form an Ascending Triangle which will bring us to the higher time frame target. Aside from technicals this project has a great team behind it, amazing partnerships and a use case to boot!
I have put together some useful information on this coin below.
Have a green week!
Savvy
SXP Price Live Data
The live Swipe price today is $2.26 USD with a 24-hour trading volume of $101,415,881 USD. We update our SXP to USD price in real-time. Swipe is up 1.46% in the last 24 hours. The current CoinMarketCap ranking is #152, with a live market cap of $434,107,594 USD. It has a circulating supply of 192,168,789 SXP coins and a max. supply of 239,612,084 SXP coins.
If you would like to know where to buy Swipe, the top exchanges for trading in Swipe are currently Binance, Mandala Exchange, CoinTiger, Upbit, and FTX. You can find others listed on our crypto exchanges page.
What Is Swipe (SXP)?
Swipe is a platform that looks to form a bridge between the fiat and cryptocurrency worlds with its API that is designed to create global payment cards powered by its native SXP token.
Swipe also has an on-chain product called Swipe Swap, an Automated Market Maker which is forked by Uniswap, SushiSwap, and THORchain and is powerd by Swipechain.
This ecosystem is powered by the Swipe Token (SXP), which functions as the fuel for the Swipe Network, and is used for paying transaction fees, and securing Swipechain through bonding and governance.
Who Are the Founders of Swipe?
Swipe was founded by Joselito Lizarondo, an early Bitcoin investor and individual with a wealth of experience in startup businesses. Lizarondo currently serves as CEO of the platform.
In July 2020, it was announced that Swipe was acquired by Binance — one of the world's leading digital asset exchanges — for an undisclosed sum.
What Makes Swipe Unique?
Swipe currently powers the world's largest digital asset exchanges, Binance and FTX, connect to the world's largest payment network, Visa, through its Swipe API.
The Swipe API enables real-time cryptocurrency to fiat conversions with just a swipe of a debit card at a point of sale or ecommerce transaction which enables Swipe to create a frictionless user-expereience for its clients. Bundled in the Swipe API is Swipe Rewards, a card-linked-offer cashback network that lets cardholders earn up to 30% back at participating retailers.
How Is the Swipe Network Secured?
Swipe (SXP) is an ERC-20 token, as a result, its integrity is maintained by Ethereum's proof-of-work (POW) consensus mechanism and massive node network.
Swipechain utilizes a Byzantine Fault Tolerance consensus mechanism via Delegated Proof of Stake (DPoS).
Where Can You Buy Swipe (SXP)?
The Swipe token is currently available to trade on more than 50 different exchanges, including several of the largest and most reputable platforms — including Binance, KuCoin and Poloniex.
SXP is currently listed against a variety of cryptocurrencies, including Tether (USDT), Bitcoin (BTC) and Ethereum (ETH), as well as several fiat currencies, like Korean won (KRW), euros (EUR), and U.S. dollars (USD). For more information about purchasing cryptocurrencies with fiat, check out our comprehensive guide.
SXP/USDT TA UPDATE! 100% POTENTIAL PROFIT COIN!Hello everyone, if you like the idea, do not forget to support with a like and follow.
SXP is a very good project and currently looks very good according to the chart. It is trading inside a big ascending triangle and hovering near the bottom of the trendline. I am expecting it to reach a new ATH by the end of this year.
Entry range:- $2.2-$2.5
Target1:-$2.86
Target2:- $3.4
Target3:- $4.0
Target4:- $4.6
Tagrte5:- $5.5
SL:- $1.86
Note:- This is a spot call.
What do you guys think about SXP?
Do you think we will reach the ATH of SXP by the EOY?
If you like this idea the do appreciate it with your like and follow.
It motivates me to work more and more.
This isn't financial advice. DYOR before investing.
Thank You!