XTP TAP Crypto CARD ProjectI waited for this coin to drop since i have installed their App on my mobile phone.
The app is working great! i used the virtual card, also the physical card with no problems so far. (arrived in aprox 3 weeks)
This XTP token pumped as we can see when the app was launched (iOS/Android)- very recent. Inside the app there is a wallet where you can sent/received coins
including XTP (which we can also buy with-in the app).
If you have the app or even their crypto card (like i do) this chart will be an important factor to consider >what is the company is doing ..(also regarding their token).
Having more crypto cards may be a very good idea if you want to diversify your payment options.
XTPUSD trade ideas
Bearish RSI short termBe careful with this one...looks like we are headed for lower price action in the coming weeks.
RSI indicated bearish short term price action. This wedge will break soon...I would use caution
if you are buying right now. Not financial advice...better to DCA and see what happens when
wedge pattern ends. Either up or down...but I would also recommend looking at big Daddy ETH...
your looking at a healthy retrace in May and it's gonna drag everything else down with it...
XTP TAP Global experiencing exponential growthTap global has achieved 100k users in its first year (During a bear market no less) with little to no marketing budget, and has been revealed that in the last month and a half has gained an additional 30k users. Tap global is similar to crypto.com and revolut, with additional features and side businesses such as cards as a service which Bitfinex is the first customer of. Tap has listed on a UK stock exchange, and is regulated. Tap is as trust worthy as coinbase, in an environment post FTX this is a major selling point. Being listed as a publicly traded company means that tap global is a sage place for users to trade and earn on their crypto, tap grabs the best price for its users from multiple exchanges order books. Tap currently sitting at 50 million market cap. Providing the macro environment doesnt change for the worse, onwards and upwards.
Tap Global looks like a hidden gemNothing much technical going on with tap, though I'm liking the look of it. Solid fundimentals and token use inside of their ecosystem. Company currently making money, large cash reserves for years of company operation. Ambition to grow next cycle etc. Could be like buying swissborg at fractions of a cent.
XTPUSDBullish
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XTPUSD +26% upsideBollinger band bottom
Strong move down followed up by volume reducing which could signal a trend reversal.
Bottom of trendline
Entry: 0.059
TP1: 0.0688
TP2: 0.0754
Keeping it simple.