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Is SXP looking for a bottom?
Hello,
SXP is part of the Binance family, and from the fundamentals point of view it has very high chances to approach the crypto.com dimension in the future. Since it was bought by Binance, the project has been in a continuous sell-off, but I think this direction is quite close to the end. I expect that in the coming weeks the price will find a floor, which is why I will use part of the profits obtained with other projects to establish many purchase orders placed between $ 0.2 and $ 0.65. Good old DCA for this one :). My intention is to reap the fruits in a longer term: 6-18 months. Currently, the price has dropped more than 88% compared to ATH, but it will be able to go even lower, especially if Bitcoin will have a serious correction. It would not surprise me that SXP reaches a decrease of 95% -98% compared to ATH.
Happy New Year!
Sisif
SXP is part of the Binance family, and from the fundamentals point of view it has very high chances to approach the crypto.com dimension in the future. Since it was bought by Binance, the project has been in a continuous sell-off, but I think this direction is quite close to the end. I expect that in the coming weeks the price will find a floor, which is why I will use part of the profits obtained with other projects to establish many purchase orders placed between $ 0.2 and $ 0.65. Good old DCA for this one :). My intention is to reap the fruits in a longer term: 6-18 months. Currently, the price has dropped more than 88% compared to ATH, but it will be able to go even lower, especially if Bitcoin will have a serious correction. It would not surprise me that SXP reaches a decrease of 95% -98% compared to ATH.
Happy New Year!
Sisif
交易進行
Starting the DCA.註釋
The price is already $1.26 at this moment. Good move SXP!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。