SXPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for SXPUSDT
There are R2 and R1 as the resistance areas which express that the price was not able to rise. S2 used to be a long-term resistance line And S1 is our support area that shows the support of the price at some points. In this chart, we have the price fluctuating above S1 and below R1 and by the time it does not leave these ares, we cannot define a correct position for it. Either the price will give us some rising signs and we predict a rise for it toward R2 or higher. Or we will have some falling signs and then a decline is expected for it up to lower amount toward S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck