• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

SolarX (SXCHUSD) Price Showing More Jumps Ahead

Johnathon Fox
06/27/2024 | UPDATED ON: 06/27/2024

SolarX (SXCHUSD) Price Forecast: June 27
Today, the SXCHUSD pair is rising, showing more jumps ahead. The coin is about making the noise again in the crypto charts, after long hours of low-dips. Amid the selling pressure, the coin gave a bullish breakout from $0.080 indicating more jumps ahead. Meanwhile, the coin price will most likely continue its bullish run, and if the price can break up the $0.104 barrier, we can expect a good upside momentum up to the $0.110 upper supply level and a potential buy signal.

Key Levels:
Resistance Levels: $0.070, $0.080, $0.090
Support Levels: $0.058, $0.057, $0.056

SXCH (USD) Long-term Trend: Bullish (1H Chart)
SXCHUSD pair remains bullish and shows more jumps ahead in its long-term perspective.
The price currently trades above the EMA-50 making higher highs and moving towards the major upper resistance area.
SolarX (SXCHUSD) Price Showing More Jumps Ahead
The sustained bullish pressure at the $0.075 level during the previous action made it possible for the buy investors to retain the strength and show more jumps ahead in its recent high.

Earlier today, the coin buyers responded to the market after testing the bottom support and breaking out from the support trend line to a high at the $0.080 supply value above the EMA-50; this is an indication of more jumps from the buy traders and bullish commitment.

This would also provide buyers with a solid entry point. Thus, a breakout above the $0.104 previous barrier level could propel SolarX higher by 20%.

Similarly, more jumps are ahead as the coin price suggests an uptrend on the daily signals which is pointing upwards. This means that the selling pressure is not likely to continue.

In light of this, the bulls may likely touch the $0.110 high value in the days ahead in its long-term outlook. a high at the $0.080 supply value above the EMA-50; this is an indication of more jumps ahead from the buy traders and bullish commitment.

SXCH (USD) Short-term Trend: Bearish (15-Minute Chart)
SXCHUSD is bearish and shows more jumps ahead in its short-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
SolarX (SXCHUSD) Price Showing More Jumps Ahead
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few minutes. However, this will soon be invalidated as the trend has just resumed its rising pattern for more jumps ahead.

As of now, the SolaX price is trading at the $0.080 supply mark below the moving averages, showing a 1.09% gain for the day.

The coin’s price has attempted to break out of a long-term trend line with an intense buying force, showing more jumps ahead. A potential bullish crossover above the previous high of $0.095 moving signal line projects a buy signal.

The market price of SXCHUSD is pointing up in the oversold region; this means that the momentum in the coin price will likely remain and continue in an upward move. We can now expect the next jump by the bulls to reach a $0.110 upper resistance level in the days ahead as it shows more jumps ahead in its lower time frame.

Buy SolarX on Longhornfx

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Arbitrum (ARBUSD) Bulls Are Making Solid Progress
Next Post: Lucky Block Price Prediction: LBLOCKUSD Price May Bounce off the Support Trend Level Soon »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US