SXPUSDT
SXPUSD Start of Bullish MomentumSwipe (SXP) has bottomed out at 0.623 and reversed off this level, starting to go long and form its bullish momentum.
What is SXP?
SXP is a cryptocurrency that powers The Swipe Wallet. The Swipe Wallet has been designed to require Swipe Tokens SXP to perform all functions and utility of the Wallet including to use the services and to make withdraws. Users on the Swipe Wallet can 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 are able to use their SXP tokens to launch and there are also tiered benefits based on the SXP holding on the Wallet Contract.
Swipe has a circulating supply of ~85M and a total supply cap of 300M.
Entry Targets and TP Levels
Perfect entry on SXP would've been along the weekly support accumulation zone at 0.623 - 0.767. It has already gained the 1.174 level as support going long towards the other TP levels.
Seen on the chart, the next level to take profits i'm looking at is $1.52 - $1.745
The long term target is TP3 at $4.322, the swing high (previous ATH) created in the August pump right before the BTC dump at the end of the month going into September. From that move, it is now reversing, 4 months later.
SXP Double Cup Pattern PredictionWith the ongoing situation of altseason, I have managed to catch that pennant and cup formations are the most succesful ones in the mid-term investment, right now we have BTC.D Dominance at %61 levels which can be considered as relatively high compared to the bull run in 2017. In case of BTC Dominance to hit 59 levels, Head and Shoulders will be activated with the minimum of 10 points of decrease. So in that case, I am expecting SXP to pump between 5-9$ channel. Well, this case is optimistic one with the rule of ceteris paribus, not a financial advice just for the means of education.
Update on SXP/USDT - buy the breakoutSXP broke out. A bull pennant is forming. Watch for the breakout
Everything is bullish atm... So no surprise if this breaks out. In these market conditions, one can buy even before the breakout, but that is not recommended due to the risk that follows. Buy at own your own will.
Will SWIPE - SXP hit ATH again?The SXP/USDT pair has raise from a dip after a turbulent 2020 yearend because of a lot of rumours.
The rumours where, that the SXP price was manipulated. A lot of investors where disappointed and sold their SXP.
We can see now a clear reversal.
We went back above the .236 fib. It found support on that .236 fib and is continue climbing higher.
At the moment of writing XRP becomes a bit overbought. I still think it can go higher because of an announcement that will be made on 9 February 2021.
My targets for the long run:
° 1.608 (.236 fib) DONE
° 2.255 (.382 fib)
° 2.777 (.5 fib)
° 3.300 (.618)
° 4.044 (.786)
° 4.992 (1)
Don't forget to get profit or set alerts when we hit the next fib levels.
You can always buy it back when it tracing back. It will not go in one straight line to its previous ATH (All Time High)
Also keep a close eye on BTC. If BTC starts to pump it is better to move some of your profits in BTC.
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
SXP ..amazing profit after my call !SXP / USDT
Hi guys this coin i mentioned it multiple times
It give us around 133+% profit until now
You can check the original call in tradingview in 7 JAN here 👇 :
For those who bought with us you should sell some and hold other by moving stop because it still has more potenial higher targets
SXP - BUYOriginal idea first shared on telegram, thereafter on twitter. I am not a pro member, and so I am disallowed from sharing links in the description.
UPDATE
At an entry price averaged to $1.217, $SXP has obliterated the first target and is racing towards target 2.
Group position stands at
+29.5% realised profits 💰💰💰💰💰
+38.8% unrealised profits. 🚀🚀🚀🚀🚀