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SLP / TetherUS

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SLPUSDT trade ideas

SLP - new DOGE, SHIB competitorAlthough SLP is used primary as reward token on AXS platform, it also has some additional utility (breeding axies). Price is falling while RSI and VPT (volume price trend) are growing, that is usually very bullish (divergence) sign. That buy volume spike a few weeks ago should mean something. I am very bullish about this coin, but still... be careful. SLP has unlimited supply, and could fall if bitcoin grows or dives. IMO this coin could pull off SHIB or DOGE on exchanges in very near future. up to 10x short term price increase is completely possible, especially because of gigantic volume. Remember, this coin has 180M mc and trading volume could go over $1B a day. GOOD LUCK!
Long
by Aborangin
SLP/USDTSLP = GEM , Target : 0.16 Buy Before Exploding ....................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Long
by Crypto-IR
6
SLP|Wyckoff Theory of Accumulation and DistributionGive your questions or comments Based on fib extension, Volume profile and Theory of Accumulation and Distribution. It's a good time to buy and hold for high targets. Also, watch the devs as they may tune the burning mechanism for SLP and stop the selling pressure, I'm personally expecting this Good luck and manage your risk Disclaimer: This is just my idea. Am not liable for the end results if adopted by anyone. SLP Burned/Minted Chart www.axieworld.com I believe if it will be a down move it will be much smaller than the upside. So the reward is much higher. Check my previous SLP TA, it is still valid
by Vlad_Tesla
Smooth Love Potion SLP (SLP/USDT) technical analysisWe can have some expectation about when the next uptrend could happen. If we consider the price as our tool to forecast, when the downtrend line breaks, the next uptrend wave will probably start. However, if we consider time, namely Fibonacci time tool for forecast, it become little tricky. As it can be seen, each time the price went up and then corrected, the time it took to go up and the time it took to correct almost doubled and tripled, respectively. If this trend holds true for future, the next uptrend must happen around the area of Fibonacci time line 2 and the last vertical green line. Also, the area intersection of downtrend line with the Fibonacci time line 1.618 is a strong one. Anyway, we have to wait and see if the downtrend line breaks and/or if there is an increase in buy volume, then we can decide.
by YaserSalehinia
2
"SLP" is a big "Axie Infinity" scandalIts true that the whole market has been declining, but this currency is becoming a "SHITCOIN" due to the big scam of game developers by increasing half a million tokens. The responsibility for the current situation lies solely with the ignorant team that created the game. However, if they didnt manipulate the market, the price would have stabilized and was ready for a good jump. I apologize to all those who have been following my analysis during this time. In terms of technical analysis, everything was right, but unfortunately I ignored the theft of the builders. If the red line is broken, the situation becomes very bad. But if the price is well supported, it will break out of the downtrend by breaking the yellow and green lines. Lets see...
by hadirazi84
36