- SXP coin price bounced from $2.85 to $3.68 on Monday’s trading session
- The 24-hour volume in SXP coin is at $655,697,162 with a 108.32% increase
- The SXP/BTC pair was trading at 0.00006868 with a 9.0% increase
The 4-hour technical chart of the SXP coin price forecasts an uptrend. According to pivot points, SXP’s critical support level is placed at $2.85. Whereas if it moves up, the key resistance level to watch is $5.45. While diving into the monthly chart of a 4-hour time frame, it completes a three white soldiers candlestick pattern representing bulls are in control.
EMA- (8,13,21,55) acts as another strong support in the coin. EMA-8 (blue) intersects above EMA-13,21 (green, yellow), which projects a positive trend. The price is also above the EMA-55 (red). Investors may perceive a positive crossover in the EMA soon, and the price will also follow the positive trend.
RSI indicator (BULLISH), with a value of 62.30, indicates a buy signal in the coin. Moreover, Investors can see an upward slope from 45 to 62 in the index, which may surge in future trading sessions.
The volume of (20.07M) is above the Volume MA (11.96M) of 20-days. Huge green volume bars can be observed above volume ma of 20-days to pull up the price. High buying pressure is maintained in Swipe (SXP) to drive its price to higher levels.
SXP Coin Price Gains Bullish Momentum
SXP coin price traded at $3.68 with a gain of 18.12% in the last 24-hour. Furthermore, SXP coin price bounced from the support of $2.85. In contrast, the market capitalization stands at $317 million. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases an upward slope. Moreover, the price movement can be above the resistance of $5.55 in future trading sessions.
Resistance: $5.45
Support: $2.85