SXPUSDT trade ideas
Swipe (Solar) new targets + Early SignalSXP is an older project as we know. From swipe they are now called Solar
SXP is the native utility token of the Solar blockchain. Users can stake it to secure the network and earn rewards, and pay transaction fees on the Solar blockchain. They can also help govern the Solar blockchain by proposing and voting on changes to the protocol, and earn rewards for providing liquidity.
Solar is a decentralised and energy-efficient delegated proof-of-stake (DPoS) blockchain network
SXP Holders! FOLLOW ME~!Hey, guys.
This is ESS team.
We take this chart for you with a pro tip!
If it is supported by the ORANGE uptrend line, It is expected to break through the RED downtrend line.
After the break, It is going to reach the GREEN uptrend line.
Tip!
1. If Green uptrend line is broken through, It will go UP to the purple uptrend line.
2. Cash HOLDERS, After breaking through the BLUE order block, Check the retest confirm before entering.
#SXP/USDT#SXP
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. The price has rebounded from the green zone, which is expected to be retested at 0.300.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 0.300
The first goal is 0.360
The second target is 0.4100
The third goal is 0.4666
SXP/USDT - Swipe: Super Trendโณโฑ On the $SXP/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.3838 | 0.4081 | 0.4704 and support near 0.3215 | 0.2835 | 0.2212. Entering trades at 0.3687 could be strategic, aiming for the next resistance level.
โฐโฒ General info :
โฃ Name: Swipe
โฃ Rank: 280
โฃ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
โฃ Category/Sector: Financial - Payment Platforms
โฃ Overview: Swipe ecosystem provides a large set of products and protocols to support decentralized finance. The main offering of Swipe is multi-currency crypto wallet app as well as a crypto-to-fiat funded Visa debit card. The Swipe Visa Card is a prepaid card that allows users to hold fiat as well as cryptocurrencies. Also, the feature of the card is not just limited to its transactions, it lets the users enjoy several other features offered by the Swipe ecosystem. This entire ecosystem is powered by its token SXP. SXP is a utility token where the token holders are incentivized for holding and using SXP.
As of now the Swipe Visa Card is accepted at more than 60 million retail points across the world and is expected to grow in future. After Binance took over Swipe in 2020, Swipe has become the core engine of Binance overall eco-system. Swipe Network now is a DeFi hub providing features ranging from token swaps to staking and even automated marketing maker.
โฐโฒ Technical Metrics :
โฃ Mrkt Price: 0.3687 โฎ
โฃ 24HVol: 1,993,405.716 โฎ
โฃ 24H Chng: 1.542%
โฃ 7-Days Chng: 11.94%
โฃ 1-Month Chng: -11.61%
โฃ 3-Months Chng: 17.80%
โฒโฐ Pivot Points - Levels :
โฅ Resistance: 0.3838 | 0.4081 | 0.4704
โข Support: 0.3215 | 0.2835 | 0.2212
โฑโณ Indicators recommendation :
โฃ Oscillators: NEUTRAL
โฃ Moving Averages: BUY
โฐโฒ Technical Indicators Summary : BUY
โฒโฐ Sharpe Ratios :
โฃ Last 30D: -1.24
โฃ Last 90D: 0.58
โฃ Last 1-Y: -0.22
โฃ Last 3-Y: -0.14
โฒโฐ Volatility :
โฃ Last 30D: 1.11
โฃ Last 90D: 0.96
โฃ Last 1-Y: 0.80
โฃ Last 3-Y: 1.20
โณโฐ Market Sentiment Index :
โฃ News sentiment score is N/A
โฃ Twitter sentiment score is 0.57 - Bullish
โฃ Reddit sentiment score is 0.67 - Bullish
โฃ In-depth SXPUSDT technical analysis on Tradingview TA page
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#SXP/USDT#SXP
The price is moving in a bearish channel on a 12-hour frame and we have a green support area at the 0.350 level.
Now we have a breakout that is about to occur well after bouncing from the green zone
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.4186
The first target is 0.4454
The second target is 0.4870
The third target is 0.5379
SXP looks super bullishLooks like the big B wave is over.
Price will soon enter the big wave C.
The green range is the right place for BUY.
We have two main targets for Mid-term and Long-term, which are indicated on the chart
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SXP/USDT bullish horizon from demand? ๐SXP Analysis๐ Paradisers, get ready for an exciting trading adventure with #SXPUSDT, signaling a bullish momentum from its demand zone.
๐ As we explore the journey of #SXP, we've observed its transition from a supply to a demand zone, thanks to a consolidation and liquidity shift. The new pivotal point at $0.3705 is where price demonstrates strong upward momentum, marked by significant green candles. Holding firm at this level could be crucial for the bullish trend we anticipate.
๐ If the momentum behind TSX:SXP starts to fade, our focus will shift towards seeking an energizing bounce from the established demand level at $0.3567. However, a drop below this essential level could signal the onset of a more profound bearish trend
SXP/USDT upward journey eyeing key supply?๐ Paradisers, set your sights on #SXPUSDT, marking a notable trajectory in the trading landscape. Nestled within a support zone, it's prepping for a renewed charge at a tough resistance, signaling the possibility of a bullish breakout.
๐ A deep dive into #SXP's trading saga reveals its journey along a descending channel, now breaking free with renewed momentum after a recent dip, suggesting a ripe opportunity for a bullish run.
๐ Seasoned TSX:SXP traders know the crypto road is fraught with twists. Should our breakout hope hover on the brink yet veer off course, gear up for a bullish bounce from the support at $0.3862, integrating this into our adaptive battle plan.
๐ And, should #SXP fall beneath this key level, it's time for a tactical regroup. Such a turn signals a critical moment for reevaluating our bullish stance, necessitating a strategy recalibration in tune with the market's pulse. ๐ด๐ฐ
SXP/USDT upward momentum from demand zone? ๐SXP Analysis
๐ Paradisers, turn your attention to #SXPUSDT, which is currently showing promising signs of an upcoming move from a key demand level.
๐ #SXP is tracing an upward path, indicating a potential bullish breakout from its current demand level. It's anticipated to retest the demand level at $0.3452 before continuing its upward trajectory. If #SXP can maintain its position above this level, it sets the stage for an ascent towards the significant supply zone at $0.5390.
๐ Nonetheless, should #SXP encounter resistance in holding its ground above the $0.3452 level, a strategic shift in our trading approach might become necessary. In that case, we would adjust our focus towards initiating a bullish movement from a slightly lower demand level at $0.3106.
๐ Keeping a vigilant eye on this level is critical, as a drop below it could necessitate a strategic shift, potentially highlighting challenges in maintaining a bullish momentum in the #SXP market.
SXPUSDT Path to 100% GrowthGreat news on SXPUSDT! The price has made a decisive break above the supply zone around $0.44, marking a significant milestone. Just yesterday, we witnessed the printing of a new higher high, signaling a strong bullish sentiment and suggesting that bulls are firmly in control.
Given these developments, it's highly plausible for the uptrend to persist, with the potential for significant growth in the coming months. In fact, we're eyeing a whopping 100% increase in price. Why? Well, our key resistance level sits at $0.91, a level that's doubly confirmed by Fibonacci analysis.
#SXP/USDT#SXP
After the big rise in the last diamond
We spent months in ADown Traingle
The triangle and the downtrend were broken
With significant oversold saturation
The price is expected to follow the ABC pattern
With the first goal of 4128.
We expect improvement after that
Then a second target 6731.
Reaching the second goal may take some time
SXP - Buying zone!Dear my friends,
The price action of SXP has broken the downtrend on the weekly timeframe. A pinbar candle has appeared to support the upward trend. The expected scenarios are $0.6, $1.1, and $1.5. The RSI is moving upward and is at 63, indicating a dominance of buyers. We need to wait for sufficient volume for a confirmed breakout. Returning to the daily timeframe, those using the Ichimoku cloud may notice that the price is above the cloud. The pinbar candles on the daily chart provide a foundation for the expectation of further price movement. A suitable strategy at this time is Dollar-Cost Averaging (DCA), with one portion now and another at a support level below in case of a Bitcoin correction.
Best Regards,
SXP ANALYSIS๐ฎ #SXP Analysis โโ BREAKOUT ๐
๐ฒ๐ฒ #SXP was trading in a Symmetrical Triangle, and breakout has already confirmed but #SXP is trading around its major resistance zone and if it breakout the major resistance zone then we can expect bullish rally towards $0.9350 and more๐ฐ In Coming Days โ๏ธ โ
๐Current Price -- $0.5167
๐ฏTarget Price -- $0.9350
โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐๐ธ
#SXP #Cryptocurrency #Breakout #DYOR