The last dip in Swipe tokens dropped its price back to $1.37 support. The token showed good sustainability above this level, which is now starting a new rally. A piece of recent news for the SXP investors is that the popular crypto exchange Binance has announced they would be acquiring the remaining outstanding shares of Swipe.
Swipe Key technical points
The SXP token bulls reclaimed the 20-and-50-day EMA
The intraday trading volume in the SXP token is $877.6 Billion, indicating a 1066.5% gain.
Source- Tradingview
On November 16, the SXP token tried to breach the $2.9 resistance with a double bottom pattern in our previous Swipe coverage. However, a confluence of this horizontal level with a descending trendline provided strong price resistance and pushed it back to the lower levels.
After intense selling pressure on December 4th, the pair lost $1.95 support, which extended the correction and plunged the price to $1.37. The token sustained above this bottom support formed an inverte
We współpracy z: https://coingape.com/swipe-price-analysis-sxp-coin-preparing-to-escape-the-descending-triangle-pattern/
