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The SPX6900 price pumped 11% in the past 24 hours to trade at $1.56 as of 1:25 a.m. EST on trading volume that rose 33% to $101 million.
SPX6900 Price Surpasses Key Resistance Levels, Poised For More Gains
The SPX price on the 3-day timeframe has demonstrated a decisive bullish breakout from a consolidation zone, surging by nearly 24% in the most recent candle.
The current SPX6900 price action is forming a classic rounded bottom pattern, breaking above key resistance levels. This bullish structure is further supported by a strong parabolic ascent, as evident from the dotted trendline curving upward, which suggests strong buyer momentum.
SPX has broken through multiple Fibonacci retracement levels, most particularly breaching the 0.618 level at $0.7010 and the 0.786 level at $0.4059 with ease, as GeckoTerminal data shows.
The breakout past the Fibonacci golden ratio at $0.9082 and the 0.236 level at $1.3719 signals increased confidence in bullish continuation.
The price of SPX is currently heading towards the 0 Fib level at $1.7863, a key psychological and technical resistance point.
Meanwhile, the 50 Simple Moving Average (SMA) at $0.7315 and the 200 SMA at $0.3203 are both trending upward, and both are well below the SPX6900 price, a signal of a well-positioned upward trajectory.
The Relative Strength Index (RSI) currently stands at 78.35, indicating that the market is in overbought territory, which reflects strong bullish sentiment.
The Moving Average Convergence Divergence (MACD) blue line (0.1820) is well above both the orange signal line (0.0949) and the zero line as well, suggesting a strong upward trend is in place.
The histogram is also expanding, reinforcing the continuation of positive price momentum.
SPX Price Prediction
The SPX price appears poised to test the Fibonacci extension target near $2.26, with an intermediate target at the $1.7863 level, which is also aligned with the 0% Fibonacci retracement level. This projection suggests a potential upside of approximately 45% from the current price, as indicated by the highlighted blue arrow on the chart.
Conversely, if the SPX6900 price takes some pressure from the bears at this level, the 50 SMA at $0.73 could be a cushion against downward pressure, around the 0.618 Fib level.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to Crypto Boy, a popular crypto analyst on YouTube with over 61.3K subscribers, HYPER could soar 100X on launch.
Bitcoin Hyper Token Presale Smashes Past The $1 Million Milestone
Bitcoin Hyper is a modular layer-2 chain powered by Solana’s execution layer, but anchored to Bitcoin’s base layer for security.
The magic happens through the Solana Virtual Machine (SVM). This is the same engine that powers Solana’s lightning-fast transactions and low fees.
Its hybrid design combines the best of both worlds: Solana’s blistering speed of over 2,000 transactions per second (TPS), compared to Bitcoin’s 7 TPS, with Bitcoin’s unmatched decentralization and trust.
Furthermore, by integrating the SVM, Bitcoin Hyper enables the execution of smart contracts at speeds and costs that Bitcoin has never been able to match.
The base layer stays the same. Bitcoin Hyper handles all the complex app interactions and fast transactions on its layer-2, and then settles final transactions back on Bitcoin’s layer-1 for security, using the canonical bridge.
The project is now in presale and has already garnered over $1.07 million in less than a week.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
Apart from scalability, the team has allocated 5% of the total 21 billion HYPER token supply for rewards, offering investors an impressive 686% annual percentage yield (APY) for purchasing and staking the tokens.
Investors interested in participating in the presale can visit the official Bitcoin Hyper Token website to buy HYPER tokens for $0.01185 each using crypto or a bank card.
Buy before the next price increase in around 32 hours.
Visit the Bitcoin Hyper website.
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