- SXP coin is at a downtrend of 6.1% during the intraday trading session.
- The 24-hour trading volume is at $137 million.
- SXP/BTC pair is trading negative by -3.3% at 0.00006936 BTC.
The daily technical chart of the SXP coin displays a downtrend. According to the pivot levels, the primary support level is $2.76. On the other side, if it rushes up, the resistance level to follow is $3.30. Although the chart forms a bullish hammer candlestick pattern within the day, it is predicted that the price may remain upwards with medium reliability.
The Zig-Zag framed a top of $5.87 on May 03. After that, investors can notice a massive correction of 76%, all the way low to $1.34. Now price levels are back around the range of $3 this week.
The volume of (7.824M) is close to the MA of 20-days (20.224M). As a result, the volume is moderate, resulting in its price getting rejected by the resistance zone. Investors may also mark that the volume bars on the chart are declining, which intimates that notable volatility is expected in the upcoming trading session.
The Stochastic Momentum Index (bearish) with a value of K-4 D-18 presents a sell signal in the coin. Investors may observe a declining slant and a negative crossover in the index. It may remain in negative territory for future trading sessions.
Swipe (SXP) Coin Showing Stability Above $3.0
The price of Swipe today is US$3.15, and the 24-hour trading volume is US$137,243,256. SXP prices have decreased by 6.1% in the past 24 hours. There are 190 Million SXP coins in circulation, with a total supply of 285 million. The Stochastic indicator shows a sell signal, and the traders have guided moderate volume. Technically, the price tests around the resistance and remains in a downtrend. Therefore, as with overall market sentiment, the trend remains bearish.
Resistance Level: $3.30
Support Level: $2.76