Space and Time crypto (SXT), a Microsoft-backed altcoin that many think can be a Q4 winner, is coiling.
The price has tightened into a range between $0.080 and $0.086, with the chart drawing a textbook symmetrical triangle. Volatility for SXT dropped off, volume is thinning, and price is hugging the apex near $0.081. Whichever side breaks first will likely set the tone for the next leg.
Technicals show a classic pressure buildup for SXT:
https://twitter.com/Ethereum_DYNX/status/1952543193763078413?ref_src=twsrc%5Etfw” rel=”nofollow” target=”_blank
There was a flash of optimism for SXT, a golden cross as the 20 SMA edged over the 200. It didn’t hold. The price rolled over, and so did the short-term average. A death cross followed just as fast, nullifying the signal. The 200 remains dominant, and the trend tilts back to the downside.
Currently, a clear descending triangle pattern has formed on this 5-minute chart. SXT’s rally to $0.094 was the peak, and since then, each bounce high has been lower (first around $0.089, then $0.083, etc.), while the support around $0.078 remained steady.
This pattern shows sellers gradually driving down the highs against an unyielding base of buyers at $0.078.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July 2025
Grayscale’s June update added Space and Time (SXT) to its Crypto Sectors Index, putting it in the same league as Chainlink, Filecoin, and The Graph.
“Inclusion in Grayscale’s index is a major vote of confidence for foundational Web3 infrastructure.” – Grayscale, press release
According to TradingView, open interest in SXT futures has risen 18% in the past two weeks, matching increased hedging activity.
DISCOVER: 20+ Next Crypto to Explode in 2025
SXT’s technical setup is nearing a decision point. The symmetrical triangle is tightening, and a push above $0.086 on volume could trigger a clean breakout. Drop below $0.080, and the chart turns bearish.
With that said, Grayscale’s inclusion, growing liquidity and clear institutional support might make this a clear Q4 winner to keep on your radar.
EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress
The post Space and Time Crypto (SXT) Consolidates in Symmetrical Triangle After Grayscale Inclusion appeared first on 99Bitcoins.
The Wormhole Foundation has stepped into the spotlight with a challenge to LayerZero’s $110 million…
India’s lower house of parliament on Wednesday passed a sweeping online gaming bill that, while…
Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas…
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the…
In this TechRepublic exclusive, a CEO details explains how recent survey findings reveal that financial…
China is considering yuan-backed stablecoins as part of a new international strategy, signaling a major…