- The SXP coin price is in a downtrend, around -10.0%, during the intraday trading session.
- The 24-hour trading volume is at $159 million.
- SXP/BTC pair is trading positive by 4.2% at 0.00095068 BTC.
Daily technical chart and price trend of SXP coin are showing a bearish trend. Based on the pivot level, the first support zone is 1.80 USDT. From another perspective, if it rushes, the resistance level to watch is 2.85 USDT. Thus, the graph made a bearish harami candle pattern during the day, and the cost is relied upon to remain downside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost moves below the red ribbon, so it will guarantee a downswing in SXP until it’s below the ribbon.
Trading volume (8.10 M) is underneath the 20-day moving average (32.46 M). To put it plainly, the volume is low, making the cost struggle at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The RSI indicator gave a signal (bearish) with 35, projecting a selling signal in the currency. Investors can observe a declined slope from 45 to 35. It can arise in future trading sessions.
SXP Coin Price Oscillators May Look Oversold in Upcoming Days
The price of the swipe is $ 2.10 today and the 24-hour trading volume is $ 159,008,496. SXP prices have fallen -10% in the last 24 hours. It has a circulation of 190 million SXP coins and a total of 285 million. The RSI points to a buying indication, and the traders have prompted low volume. In fact, the cost struggles at the support level. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $2.85
Support Level: $1.80