SXP Reclaims Resistance, Aims for at Least $2 – BeInCrypto

The Swipe (SXP) price has moved above the $1.20 resistance area and reclaimed it as support.

Both the SXP/USD and SXP/BTC pairs should continue moving higher and eventually break out.
Breakout Leads to Continuation
SXP has been increasing since it reached a low of $0.55 on Dec. 23, 2020. On Jan.

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SXP Risks Falling to All-Time Low, Will It Bounce? – BeInCrypto

The Swipe (SXP) price has been declining alongside a descending resistance line since the beginning of September and is currently very close to falling to a new all-time low.

However, technical indicators are bullish, suggesting that SXP will break out instead.

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SXP Consolidates in Anticipation of Breakout – BeInCrypto

The Swipe (SXP) price has been consolidating since breaking out from a long-term descending resistance line on Nov. 17.

The consolidation should come to an end soon with SXP beginning another upward movement towards the resistance areas outlined below.

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Swipe (SXP) Finally Bounces – Has It Reached a Bottom? – BeInCrypto

The Swipe (SXP) price has increased significantly over the past week, after bouncing at an important support level.

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The price has possibly completed a bearish impulse, confirming it with a breakout from a descending resistance line.

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Swipe’s (SXP) Decline Might Be Coming to an End – BeInCrypto

The Swipe (SXP) price has reached the final support level before dropping towards its all-time lows.

While there are bullish signs in the short-term, indicating a potential breakout, the long-term trend remains bearish.
SXP Approaches Final Support
The SXP price reached a high of $5.

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SXP’s Reclaim of Lost Support Area Is Bullish for Its Long-Term Trend

The Swipe (SXP) price has broken down and subsequently reclaimed a critical support level at $1.55.

As long as the price is trading above here, it should continue moving upwards.
Reclaim of Support
On Aug 13, the SXP price reached a high of $5.15 and began a downward move that is still ongoing.

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