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SXPBTC

SXP/BTC: Swipe Bullish Reversal Analysis 4H (Aug. 01)X Force Global Analysis: If you find our analyses to be helpful, make sure to support us by dropping a ‘like’ In this analysis, we explore Swipe, a De-Fi (Decentralized Finance) coin with huge potential upside. Analysis - To begin with, SXP has formed a falling wedge during a corrective trend, indicating a signal of bullish reversal - In doing so, it has formed a bullish divergence in which prices formed lower lows, and the Relative Strength Index (RSI) formed higher lows - Along with it, the Moving Average Convergence Divergence (MACD) also formed a golden cross, signaling a bullish reversal - However, the RSI is about to test its upper descending trend line resistance - Prices are currently testing the 0.382 Fibonacci retracement resistance, and SXP is having a hard time breaking and closing above - Moreover, prices are located under the Ichimoku Cloud resistance as well, which currently aligns with the 0.5 Fibonacci resistance - While the 20 Simple Moving Average (SMA) shows a potential reversal, looking to potentially form a golden cross with the 100 SMA, it is still trading below the longer moving averages What We Believe In summary, while SXP has a decently bullish technical setup, and can benefit from the fact that it's a De-Fi altcoin, we expect strong resistance between the 0.382 and 0.5 Fibonacci resistance zones. Let us know what you think in the comment section below Trade Safe.
Long
by XForceGlobal
#SXPBTC Long another potential 40%SXP (Swipe) is ready for another ride! After breakout and confirmation, we can see SXP gain over 40%. Now we are nearing the end of the pennant and imo there can be two scenarios and we can profit from both. If we buy at CMP and the market goes in our favor then so be it, but if it retraces we can DCA more and get a good average price and then go up from there. Remember SXP is acquired by Binance and one of the company coins so we can see huge potential for SXP especially on the coming Bull market that will be like anything we have seen before. I am extremely bullish on SXP and this is one of your long term HODL coins. Short term traders can benefit too ! 40% is not bad at all. IF this holds we can expect another Bull run by PERL . ENTRY: CMP (16350 Sats) Targets: 18382 19924 22966 SL: 13614. Do DCA and buy in Dip If you like these setups,join our TG channel @CryptoPeak and please hit the like button and share your views in the comment section. Remeber this always #Golden Rule #BTC moons Alts Rekt This is what I think. Share your opinion guys! Stay safe #PEACE
Long
by CryptPeak
Swipe (SXP) Potential Bounce Taking Place + Next TargetSwipe (SXPBTC) is bouncing now and multiple signals support this move. We have strong volume coming in, higher than the daily average. Prices bounced off the 0.618 Fib. retracement support level. The RSI is really strong and prices are moving above EMA50. On a close above EMA50 additional bullish action can take place with the next target being the magenta dashed line. The main support is the 0.618 Fib. retracement level. If prices for SXPBTC move below this level, we are likely to see lower support tested marked in the chart with a blue dashed line. I hope that helps. Namaste.
by AlanSantana
8
SXP SWIPE Potentially X2 in 2 weeks! AIRDROP FREE SVG 100:1Binance owned Swipe ( SXP) is doing an airdrop of 100 SXP : 1 SVG out to SXP holders on 17 August 2020. roughly less than 2 weeks time! The total supply of airdropped SVG will not go more than 10Million. initial circulating must be less than 2.9 million. more information during 10 August AMA. This coin can potentially at least X2 in short term due to current exchanges announcing free airdrop to SXP holders! we seen what STEEM airdrop did to STEEM price, easy X8. Let's wait for Binance support for the airdrop. as they will since Swipe was acquired by Binance! SVG will be a governance token, i think CZ chao will shill Swipe more since Binance wants to be a BANK for crypto. this is still early days. in long term if successful, Binance with its large community can gain millions of Swipe users in the U.S. alone. SXP will also be a DeFi machine. That could put Swipe at a market valuation of above 1Billion.
by meowoao
Swipe Bottomed Out | 1300% Potential Profits To New ATHAbout Swipe The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions of the Wallet. Users on the Swipe Wallet will be able to buy, sell, and pay with their cryptocurrencies to fiat directly within the wallet application as well as purchase Gift Cards and make instant exchanges between all supported assets. Users will be able to use their SXP tokens at launch with tiered benefits based on the SXP balance in the Wallet Contract. All Swipe Wallets require a 1 SXP deposit to activate and utilize on-chain functions based on an audited Smart Wallet-Contract to perform its duties. The protocol has been designed and built on Ethereum. ---- Let's start by looking at the long-term chart, here we have a higher low so far... Swipe (SXPBTC) can grow here... You can also find Fib. targets on this chart. Now, when we look at Swipe (SXPBTC) short-term, the main chart above on the daily (D) timeframe, we can notice a falling wedge and also a reversal candlestick. Prices for SXPBTC also hit the 0.786 Fib. retracement support for the last bounce... All these signals are pointing to prices going up next. This is not financial advice. Namaste.
Long
by AlanSantana
1