I have been extremely bullish on Swipe (SXP/USDT) for a while and even more so with several upcoming events such as the token burn in August 2021 where the founder of Swipe, JL will burn 10M SXP (currently worth over $25 million) from the Founders unlock. JL has recently burned a whopping 50 million SXP tokens (Valued at $200M) which decreased the total supply by...
Well, the goal of $5 has been achieved , a little not as planned in the previous idea, but still.
Even the SXPUSDT price slightly updated the maximum, but so far these are false breakouts.
Now, according to the SXPUSD chart, you can see that at the moment strong support has formed at the level of $2.60 , why shouldn't the Swipe price go there again?)
And...
I'm anticipating this move up to be big.
We moved up impulsively, consolidated upward, and just broke out and retested that. If we break into the $5 range, I expect this coin to GO!
You buy that.
But, what do I know?
This strategy is used by IML in the Swipecoin scanner. It is an easy indicator to use, look for supports and resistances for possible purchases or sales depending on the signal
