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Swipe SXP Coin Price Prediction – Will SXP Price Hit $10 Soon?

Swipe-SXP-Price-Prediction
  • Bullish SXP coin price prediction ranges from $2.82 to $5.54.
  • SXP coin price might also reach $10 soon.
  • SXP bearish market price prediction for 2021 is $0.69.

This Swipe Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our SXP price analysis and prediction.

Among the cryptocurrencies that are spiking high this year, Swipe is perhaps one of the most surprising for some. It is not directly connected to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, Swipe has been making tremendous developments.

Can Swipe reach $10 in 2021? We will find out shortly. But before we proceed to our SXP price prediction, let us first answer the question “What is Swipe?” in this SXP prediction 2021 article.

What is Swipe SXP Coin?

Swipe firms a bridge between fiat and crypto worlds with its three primary products. These products include the Swipe multi-asset mobile wallet, the Swipe multi-asset mobile wallet, the Swipe crypto-funded debit card and SXP, the Swipe Token.

Now that we have an idea about SXP, do you think SXP will be profitable crypto in 2021? Join me and let us see the charts in this SXP price analysis and SXP price prediction.

SXP Current Market Status

As of the time of writing this Swipe price analysis, SXP trades at $1.87 with a 24-hour trading volume of $179,410,668, according to CoinGecko. The price of SXP has decreased by 11.97% in the last 24 hours.

Furthermore, SXP has a current circulating supply of 95,181,302.00 SXP. Currently, the top cryptocurrency exchanges for SXP are Binance, ZG.com, CoinTiger, FTX, and Upbit.

Now, let’s proceed to the next part of this Swipe SXP price prediction for 2021.

Swipe SXP Coin Price Prediction 2021

The chart below shows that Swipe has performed great over the past few days. Moreover, the SXP price is over 82% in the last 30 days. If this trend continues, SXP might run along with the bulls, overtaking its $5.54 resistance level and climb higher.

SXP/USDT Price Prediction
SXP/USDT Price Prediction (Source: TradingView)

Conversely, if the investors turn against the crypto, the bears might take over and dethrone SXP from its uptrend position. In simpler terms, the price of SXP might plummet to almost $0.696, a bearish signal.

Meanwhile, our long-term SXP price prediction 2021 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $5.79 this year. However, that will only happen if it breaks many previous psychological resistances.

As shown above, at the beginning of this month, SXP turned from its bull to bear trend. This happens as the result of the high trade volume that occured in that period.

Swipe (SXP) Showing Symmetrical Triangle Pattern

Currently, Swipe holds 227th place on CoinGecko. But will the latest upgrades, development, and changes in the SXP blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this SXP price prediction article.

SXP/USDT chart showing Symmetrical pattern
SXP/USDT chart showing Symmetrical pattern (Source: TradingView)

In the chart above, which is set in a daily time frame, we can see the Symmetrical Triangle pattern. This pattern shows the period of consolidation that may force a price breakdown or breakout. More so, a breakdown from the lower trendline shows the start of a new bearish trend. In contrast, a breakout from the upper trendline signal indicates the beginning of a new bullish trend.

Swipe (SXP) RSI, MA and EMA

Let us also look at the Relative Strength Index (RSI), Simple Moving Average (SMA), and the Exponential Moving Average (EMA) of SXP.

SXP/USDT RSI, MA and EMA
SXP/USDT RSI, MA and EMA (Source: TradingView)

The Relative Strength Index (RSI) is above 39, which means that SXP is in nearly oversold state. Hence, this may lead to a price reversal at any given time. 

Therefore, traders must trade crypto carefully and must not be affected by the market hype. Keeping all this in mind, traders can be aware and move away from unexpected losses due to the crypto market’s wild swings.

Since the start of 2021, SXP’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, SXP has a competitive market this 2021.

Conclusion

Swipe has a bright future ahead of it in 2021. With the ongoing developments happening within the SXP ecosystem, as well as in the overall crypto market, we may see SXP reach new heights.

Bullish SXP price prediction 2021 is $5.5. As said above, it may even reach $10 if investors have decided that SXP is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

How to Buy SXP Token?

Users can obtain SXP tokens by purchasing them from cryptocurrency exchanges such as Binance, or CoinTiger.

Will SXP Surpass its Current ATH?

SXP is a good investment in 2021. However, SXP has a high possibility of surpassing its current ATH at about $5.79 this year.

Can SXP coin price reach $10 soon?

Yes, it’s very much possible that SXP might reach $10 in the near future as per the current bullish trend.

How high can swipe coins go?

As per Wallet Investor, the Swipe coin price can go up from 1.885 USD to 3.422 USD in one year.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.