Swipe (SXP) Indicators Suggest a Reversal Is Inbound

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In Brief
  • SXP is approaching major support at $1.45.

  • Daily technical indicators are bullish.

  • The price has likely completed, or is nearing the end of its correction.

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Swipe (SXP) has been decreasing since reaching an all-time high on Aug 13. The price is approaching a significant support level, however, and the bullishness from technical indicators suggests a reversal is near. SXP Retraces to Support The SXP price has been decreasing since it reached a high of $5.15 on Aug 13. The price is approaching a major support level at $1.30, created by the
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Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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