Swipe, known as SXP, is gaining popularity because it connects the use of crypto to the real world.
This week’s trading session, Swipe has produced a 27% jump reaching the latest high of $ 4.58 in today’s trading session.
Although today’s market showed weak price movements, Swipe remained showing positive price movements attracting the attention of investors.
A statement released from ‘Houbi’ on twitter about Swipe’s listing has prompted the price to move positively today.
🔥Huobi Global Will List $ SXP (Swipe) @Swipe 👏
Deposits: 04:00 August 25 (UTC)
Details: https://t.co/ERUh8NJWjv pic.twitter.com/h2ZJAc7MOK
- Huobi (@HuobiGlobal) August 25, 2021
Let's take a look at the SXP/USDT movement chart that attracts investors.
When the SXP analysis article was released last June, the SXP was trading at the $ 2.0 price level.
However, consistently the SXP has produced a 130% jump so far in today’s trading session.
From a technical point of view, the price movement is seen to remain with a bullish pattern and is hovering either to make a correction or continue the high surge.
Crypto analysts expect that, if the SXP remains in a bullish pattern, the resistance level around $ 4.40 will be tested first before making a higher jump.
Meanwhile, if the SXP returns to show a bearish pattern, the RBS (resistance become support) level around $ 3.40 should be tested first before continuing the decline to the lowest level.
At the time of writing, the SXP is trading at $ 4.2 up over 13% in the last 24 hours. Coins are currently ranked 108th in the crypto market.
