<strong><em>Swipe and Reef Finance might be stable for now. All the same, SXP and REEF prices could more than halves to $2.5 and $0.015 in the upcoming trading sessions.</em></strong>
<h2>Swipe (SXP)</h2>
The Swipe platform is building a global payment system using the SXP token.
<h3>Past Performance of SXP</h3>
The SXP crypto hasn't been spared the brunt of sellers.

At the time of writing, SXP is up eight percent versus the USD on the last trading day.

However, it is deep in red over the last week of trading as SXP token prices <a href="https://www.cryptoknowmics.com/news/serum-srm-and-swipe-sxp-technical-analysis-bulls-grinding-higher/">recoil</a> from September 2021 highs.
<h3>Day-Ahead and What to Expect</h3>
As per the SXP technical analysis in the daily chart, sellers are in the driving seat.

Notably, the SXP coin is within a bearish breakout pattern below $3.

Based on this—and the failure of bulls to build enough momentum to rewind losses—sellers have the upper hand.

In that case, SXP prices might slide in the coming days.
<h3>Swipe Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/09/Swipe-Price-Daily-Chart-for-September-10.png"><img class="alignnone size-full wp-image-212461" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/09/Swipe-Price-Daily-Chart-for-September-10.png" alt="Swipe Price Daily Chart for September 10" width="1366" height="768" /></a>

SXP crypto sellers have the upper hand from a volume analysis perspective.

Specifically, SXP prices are finding resistance at around May 19 highs may be an indicator of weakness and bear trend resumption in the medium term.

As a result, aggressive Swipe coin traders might find exits on pullbacks, unloading the coin in a ride that may take them towards $1.5—H1 2021 lows.
<h2>Reef Finance (REEF)</h2>
The Polkadot-based platform offers several features, including cross-chain trading and a yield aggregator using REEF for governance.
<h3>Past Performance of REEF</h3>
Digital assets across the market are bouncing back, though with dismally low trading volumes. REEF crypto is no exception.

Therefore, while the REEF coin may appear solid, stabilizing on the last trading day, bears appear to be waking up from their hibernation.
<h3>Day-Ahead and What to Expect</h3>
REEF token prices are in consolidation as per REEF technical analysis in the daily chart.

The <a href="https://www.cryptoknowmics.com/news/dodo-and-reef-finance-technical-analysis-bulls-recoil-from-recent-highs/">sharp recoil</a> from September 2021 highs effectively marks the end of the REEF rally throughout August.

As we advance, the reaction of REEF token prices on $0.02 would determine the short to medium-term trend.
<h3>Reef Finance Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/09/Reef-Finance-Price-Daily-Chart-for-September-10.png"><img class="alignnone size-full wp-image-212460" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/09/Reef-Finance-Price-Daily-Chart-for-September-10.png" alt="Reef Finance Price Daily Chart for September 10" width="1366" height="768" /></a>

Traders are hopeful of more gains in the days ahead. However, sellers are in command leading from September 7 high-volume bear bar.

A dip below $0.02 would confirm sellers of mid this week and open the door for even more losses in the medium term.

From the daily chart, REEF might contract to retest $0.015—the 78.6 percent Fibonacci retracement level of the July to September 2021 trade range.

Swipe (SXP) and Reef Finance (REEF) Technical Analysis: Bear Shadows Showing

Swipe and Reef Finance might be stable for now. All the same, SXP and REEF prices could more than halve to $2.5 and $0.015 in the upcoming trading sessions.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

Swipe (SXP) and Reef Finance (REEF) Technical Analysis: Bear Shadows Showing

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