Technical analysis by CryptoCharts8884 about Symbol SXP: Buy recommendation (7/31/2024)
https://sahmeto.com/message/2507611

CryptoCharts8884
Rank: 22267
Analytical Power:
1.4
SXPUSDT Update:
Buy
Price at Publish Time:
$0.2637
Profit Target:
(+108.57%)$0.55

A technical analysis update on the SXP (Swipe) cryptocurrency! So, you're seeing a breakout from a descending channel in the 1-day timeframe, which is a bullish signal. This suggests that the price may be preparing for a potential upward move. - 1D timeframe: The breakout is occurring in the daily chart, which is a relatively short-term perspective. - Expecting bullish wave: You anticipate a price increase in the coming days.
Source Message: TradingView