• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
7 June Wednesday, 2023
TurkishNY Radio
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency
No Result
View All Result
TurkishNY Radio
No Result
View All Result
Home Cryptocurrency

SXP Coin Weekly Analysis And Price Prediction

Trying to break the falling train, SXP is preparing for the giant leap- support and resistance points.

Emma Veress by Emma Veress
17 April 2023
in Cryptocurrency
Reading Time: 3 mins read
0
What is SXP Coin?

This article will analyze the SXP coin according to coinmarketcap data. First, we will discuss the SXP coin and its projects and make technical and graphic analyses. The analysis we will do in the weekly period will help the investors to take risks and manage their portfolios.

What is SXP Coin?

SXP (Swipe) is a cryptocurrency that operates on the Binance Smart Chain (BSC) and is designed for payments, rewards, and governance within the Swipe ecosystem. The Swipe network offers products and services, including a multi-asset digital wallet, a cryptocurrency debit card, and a decentralized exchange (DEX).

YOU MAY BE INTERESTED

Rabby-Wallet-Your-Ethereum-Compatible-Wallet-Alternative

Rabby Wallet: Your Ethereum-Compatible Wallet Alternative

7 June 2023
Binance-Facial-Verification-Troubleshooting-Guide-for-Failed-or-Not-Working-Issues-2

Binance Facial Verification: Troubleshooting Guide for Failed or Not Working Issues

5 June 2023

What are the projects of SXP?

The main projects of SXP coin are centered around the Swipe ecosystem, which includes:

Swipe Wallet:A multi-currency digital wallet that allows users to securely store and manage their cryptocurrencies.

Swipe Card:A cryptocurrency debit card that allows users to spend their cryptocurrencies at merchants that accept Visa.

Swipe Network:A decentralized finance (DeFi) platform that offers a range of financial services, including a DEX, liquidity pools, and staking.

Swipe Governance:A platform for community governance where SXP holders can vote on proposals and decisions related to the Swipe ecosystem.

SXP Coin Weekly Analysis And Price Prediction

Factors Influencing SXP Price

Factors that can influence the price of SXP coin include:

Adoption and Usage: The more people use and adopt Swipe’s products and services, the higher the demand for SXP will be, which can lead to an increase in its price.

Market Sentiment:The overall sentiment of the cryptocurrency market can influence the price of SXP. If investors are generally bullish on cryptocurrencies, SXP’s price may increase, and vice versa.

Competition:As the cryptocurrency market is highly competitive, strong competitors can impact the price of SXP.

Regulations: Changes in the regulatory environment, such as bans or restrictions on cryptocurrencies, can impact the price of SXP and other cryptocurrencies.

Technological Developments:Any updates or improvements to Swipe’s technology or the Binance Smart Chain that enhance the functionality or usability of SXP could lead to an increase in its price.

SXP COİN TECHNICAL ANALYSIS

Testing its historical peak of $5.87 in May 2021, SXP dropped 97% to $0.1993. Although SXP, which started to rise at the beginning of 2023, gained 300% in 2023, it is still far from its peak value. It is currently trading at $0.6858. According to coinmarketcap data, SXP, which has a size of $382,082,301, has had a volume of $459,296,726 in the last twenty-four hours.

sxp analysis 17-04-23

SXP Chart Analysis

After seeing the peak value of $5.87, SXP, which entered a downtrend, lost 97% of its value in two years and fell to $0.1993. SXP has been on the rise since the beginning of 2023 and has made its investors hopeful by gaining 150% in the last three weeks. When we examine the SXP chart, we see that it is trying to stay above the horizontal support of $ 0.61 and to break the downward trend that has been going on for two years. As long as it remains above $0.61, I think SXP, preparing for the rise, will go up big if it breaks the falling trend. If it closes below $0.61, a decline to $0.40 can be seen.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their research when deciding. This article does not include investment advice or suggestions. Every investment and trading move involves risk, and readers should perform their analysis when determining.

It may get your attention:
  • Colx Price Prediction
  • ILC Price Prediction?
  • How to Easily Bridge from AVAX to MATIC
ShareTweetSharePinSend
Previous Post

Tom Sosnoff’s Net Worth: A Quick Look into His Wealth

Next Post

HOT Coin Weekly Analysis And Price Prediction

Emma Veress

Emma Veress

Finance Writer Hello there! My name is Emma, and I'm a daily breaking news journalist covering finance, economics, and crypto on a global scale. I graduated from Eötvös Loránd University with a degree in Communication and Media Studies MA, where I gained a passion for storytelling and analysis. As a journalist, I'm dedicated to providing my readers with accurate and timely news on financial and economic events happening around the world. I believe that by delivering high-quality journalism, I can help people make informed decisions about their finances and investments.

SIMILAR NEWS

Rabby-Wallet-Your-Ethereum-Compatible-Wallet-Alternative
Cryptocurrency

Rabby Wallet: Your Ethereum-Compatible Wallet Alternative

7 June 2023
Binance-Facial-Verification-Troubleshooting-Guide-for-Failed-or-Not-Working-Issues-2
Cryptocurrency

Binance Facial Verification: Troubleshooting Guide for Failed or Not Working Issues

5 June 2023
Best-Crypto-Exchange-in-the-UK-for-2023-Crypto-Landscape
Cryptocurrency

Best Crypto Exchange in the UK for 2023: Crypto Landscape

5 June 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NEWS FEED

Rabby-Wallet-Your-Ethereum-Compatible-Wallet-Alternative
Cryptocurrency

Rabby Wallet: Your Ethereum-Compatible Wallet Alternative

7 June 2023
Binance-Facial-Verification-Troubleshooting-Guide-for-Failed-or-Not-Working-Issues-2
Cryptocurrency

Binance Facial Verification: Troubleshooting Guide for Failed or Not Working Issues

5 June 2023
Best-Crypto-Exchange-in-the-UK-for-2023-Crypto-Landscape
Cryptocurrency

Best Crypto Exchange in the UK for 2023: Crypto Landscape

5 June 2023
Koinly-vs-TaxBit-A-Detailed-2023-Comparison
Economy

Koinly vs . TaxBit: A Detailed 2023 Comparison

5 June 2023
DMCA
PROTECTED
TurkishNY Radio

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

No Result
View All Result
  • Home
  • Business
  • Economy
  • Cryptocurrency

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.