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The SPX6900 price skyrocketed 59% in the last 24 hours to trade at $0.1602 as of 03:35 a.m. EST on trading volume that rose 30% to $18.7 million.
SPX6900 Price On A Sustained Bullish Trend
According to GeckoTerminal data, the SPX6900 price was in a consolidation zone throughout September, trading within the $0.034 level within the 200-day Simple Moving Average (SMA).
After a period of consolidation marked by the yellow box, the price broke out aggressively, indicating a bullish breakout. The current price action is parabolic, with rapid upward movement.
SPX price now trades above both the 50-day and 200-day SMAs, confirmation of the bullish stance to the upside.
To affirm the bullish rally, the Moving Average Convergence Divergence (MACD) is moving up above the neutral line, which shows that the price of SPX6900 is on a positive trajectory.
If the current bullish trend continues, the SPX6900 price could keep soaring as the bulls target $0.233.
Conversely, the Relative Strength Index (RSI) seems to be on a correction from the 70-overbought region as it heads down, currently at 66.
This may be an indication that the bears may be prompting a selling spree. If the selling continues, the SPX6900 price may drop back to the 50-day SMA at $0.079, acting as a cushion against downward pressure.
Meanwhile, investors looking for diversification opportunities might want to consider a new meme coin casino project called Memebet Casino (MEMEBET Token), which has just hurtled past the 349K mark in its presale.
Memebet Casino – Designed for Degen Gamers
Memebet Casino is designed for the “degen” community, and allows users to wager with popular meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), making it the first platform of its kind.
Built on Ethereum, Memebet Casino ensures a secure, transparent, and fair gaming experience. It’s integrated with Telegram, offering a no-KYC setup for seamless play.
Memebet Casino’s native utility asset is the $MEMEBET token. Holding and using it unlocks a range of benefits for players, including airdrop rewards, special VIP degen bonuses, and access to upcoming Memebet Casino Lootboxes, which feature real-world prizes and casino bonuses.
Not the casino we deserve but the casino we need 🎰 #MemeBet #Presale & #Airdrop coming soon! 🚀 #Memecoins, #Crypto gaming and more! 🎮🏆 $COIN $DOG $PEPE #SOL #RNDR pic.twitter.com/oR2xja6JFK
— MemeBet (@Memebetcasino) May 23, 2024
With the potential to disrupt both the meme coin and online gaming sectors, Memebet Casino is likely to become a hotspot for degen gamers.
99Bitcoin, one of the largest crypto education channels on YouTube with over 706K subscribers, believes the $MEMEBET token could outperform all other Telegram gaming tokens.
$MEMEBET tokens is currently selling for $0.0255. Interested investors should buy before a price increase in less than two days.
Buy MEMEBET Token at the official website here.
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