SXP is a MONSTER. its tapping into the 61 percent retrace so we may see some profit taking and maybe a small pullback. Buy it. If you arent in this well that is truly unfortunate. I gave a buy signal at 1 dollar and told ppl to buy it all the way down. That is exactly what i did. I also farmed XVS with the SXP so it was a win win as i hodled my XVS and SXP and still havent sold one. SXP is going to hit 5 dollars and probably blow on through towards 10 dollars in a run like ATOM. It is a bastard child of Binance. It also just partnered up with FTX exchange to provide cards. SXP is incredible. Buy it . If it pulls back buy more. If it keeps pulling back then buy even more. I mean thats what i would do if i didnt have any. Not financial advice. SXP is going to be the card KING. Crypto.com is dead.
Note
Fundamentally SXP has changed for now. i exited most of my position at 2.60 and went into Polkadot. Until i can see how SXP is going to play out and be used i will no longer be in it. SXP has a way of shooting itself in the foot and it has felt like XVS is their new love child. SXP may no longer have a future but we will have to see. They have removed staking and burning mechanism to some extent.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.