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.
SXPUSDT trade ideas
SXPUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 2.8 - 3.1 - 3.5
after first target reached move ur stop to breakeven
stop: ~1.9(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
SXPUSDT BULLISH MIDTERM SIGNAL UPDATE!!As you all know, SXP is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed, Breakout formation is also nearly there and also indicators giving bullish signal.
MID-Term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
HOLD TIME 2-4 Months
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
SXP - Long from monthly range | Target 4$Keep it simple and stupid. I rarely look for patterns as they tend to fail more often than they play out. I look for rock solid support and resistance zones, such as weekly or monthly ranges, whereas the higher the timeframe, the more reliable the support becomes (and vice versa).
SXP just touched the monthly level and looks ready for a nice swing trade with tight risk.
Stay safe. Stay humble.
Strong bullish signs on SXP daily and weekly tfthe price has touched a good old ascending trend line on both daily and weekly time frame . also i am expecting MA100 crosses up MA200 which is a nice bullish event . in other hand indicators and oscillators on both daily and weekly time frame are showing strong signs of price increase . honestly it is obvious what is gonna happen to SXP price for upcoming days .
DAILY indicators and oscillators :
WEEKLY indicators and oscillators :
SXP USDT outlookMy view about SXP:
1. SXP is moving on a bullish trend
2. SXP have a potential forming IHnS
3. Right shoulder have a potential forming falling wedge
My strategy is spec buy now and can avg up if already brekout the falling wedge. Hope SXP can breakout and become a profit
cheers,
-NFA-
SXP crab, butterfly or bat?#SXPUSDT
$SXP is trading above support zone. there is a resistance zone that is the same with a descending resistance line around $2.9. if price hold the support and break out from descending resistance, it will head up to complete one of the patterns in chart. Bat at $5.4 - Butterfly at $6.2 - Crab at $8.
and if price break down the support zone this scenario will be invalidated.
SXP still lostSXP is my worst acquisition yet, I am glad it is marginally in the green. As Bitcoin went on a mission setting a new ATH after testing the 20W SMA at 40k back is Sep, most Alts bled in their BTC pairs without any realized profit in their USDT pairs. But where are we now?
1) SXP is below the Ichimmoku Cloud => no strength to the upside.
2) SXP Ichimmoku Conversion Line is below the Base Line => no strength to the upside
3) SXP is way below the 8W SMA => no strength to the upside.
4) SXP RSI is still flat and below 50 => no strength to the upside.
I remain bullish for the whole market, I remain bullish for SXP... but till the indicators above show some strength, SXP is going nowhere.
If you are a HODLer, there is no harm in accumulating. If you are a leveraged trader, you are better off going long after BTC's pullback.
SXP Bullish Idea Hello everyone,
| We have here one of my favorite crypto projects to HODL. Brief explanation of this project, Swipe is a company that issues debit cards for businesses at small and large scales. When the debit card is used at any merchant the crypto funds from your account are automatically converted to fiat in the POS. | - | On the technical analysis side we have a huge Bullish Ascending Triangle that has been forming since Jan 2020, the longer the formation the more reliable it is. The price for SXP has also touched the support line of the triangle 3 times in the past making it also a very reliable trendline to buy. Last but not least, we have the RSI on the middle level which means that we have plenty of room for the price to rise. I would be expecting the price to reach the close to the RSI Trendline before taking any profits. My long term price target for next year is about $50 which would give us a 2000% Profit from the price we are right now.
Summary:
1. Swipe is a platform that enable businesses to create card programs for users to spend anything globally.
2. Bullish Ascending Triangle formation since 2020.
3. Strong support trendline for entries.
4. RSI has room to grow until SXP is in the oversold side.
5. $50 Target Price in the medium to long term.
₿ SXPUSDT 1D ₿ : 19.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask .
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 19.Oct.2021
⚠️(DYOR)
SXPUSDT Daily S/R| Ascending Channel| Price Action| Trend Evening Traders,
Today’s analysis – SXPUSDT – trading in a ascending channel with support confluence, allowing for further upside,
Points to consider,
- Price Action Impulsive
- Descending Channel Support
- Daily S/R Objective
- Low Volume
SXPUSDT’s immediate price action is trading at a support confluence zone, the channel support and the Order Block, allowing for a bullish bias.
The immediate objective is the Daily S/R, exceeding this level increases the probability of a trend continuation.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, SXPUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
SXP above support#SXPUSDT
$SXP is above a long term ascending support line, which is the same with a support zone. if price hold this support and go upward it is possible to break the descending resistance line and touch $4.5 that is a resistance zone.
but if price break down the support zone. target of bears can be $0.7 and even $0.3