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The SPX6900 price has jumped 5% in the last 24 hours to trade at $1.26 as of 3:50 a.m. EST on a 25% surge in its daily trading volume to $62 million.
SPX6900 Price Blazes Higher In A Bullish Chart Pattern
The SPX/USD 12-hour chart shows the meme coin riding a solid upward trend, breaking through key local resistance zones. The 50 Simple Moving Average (SMA) at $0.9462 is acting as a dynamic support, and has been supporting the price as it rips higher.
The SPX6900 price climbed to a recent high of $1.2948 in late May, before entering consolidation in the first week of June. The consolidation ended up forming an ascending triangle, which is a bullish continuation pattern. The latest price surge saw SPX breakout above the ascending triangle, signaling the meme coin is due for a push higher.
SPX/USD Analysis Source:Tradingview
The 200 SMA at $0.6205 is way below, acting as a solid support floor.
SPX Price Ready To Scoop 44% Additional Gains
With the recent 5% pump, the SPX price is eyeing a potential push toward $1.83, which aligns with the upper boundary of the rising channel. This would be a 44.13% surge from the current price.
The Relative Strength Index (RSI) at 64.96 is creeping into overbought territory but still has room to breathe before hitting 70, suggesting the rally’s got legs.
Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the signal line trending below the MACD line (blue), a green light for more gains.
What’s more, the Coinglass Derivative Visual Screener shows the SPX 24-hour Open Interest (OI) jumped over 25%. When the OI and price both go up, it means futures traders are rushing to open long positions on the asset. This is bullish for SPX.
If the current bullish momentum holds, the SPX6900 price could test $1.40 by end of day, with a stretch goal of $1.55. However, keep an eye on that RSI, overextension could trigger a pullback to $1.1000 if profit-taking kicks in.
Short-term, the chart’s bullish setup, paired with this 5% surge, points to a potential 15-20% run from the current $1.26 level, landing near $1.8 — $2 by mid-June. Long-term, if SPX keeps pumping and macro conditions stay bullish, $1.5555 is in play by July. However, markets are volatile, so traders will want to set stop-losses below $1.1000 to mitigate the risk of any possible reversals.
Solaxy Presale Nears End, Crashing Past $45.8M– Is This Solana’s Big Break?
Even as the SPX6900 price surges higher, Solaxy (SOLX) is stealing the spotlight as its presale surpasses $45.8 million with just a few days left to its end.
This Solana-based Layer-2 project is attracting investors, from everyday traders to big-money whales, drawn in by its promise to supercharge Solana’s already-impressive network.
While Solana is known for lightning-fast transactions and dirt-cheap fees, the popularity comes with growing pains such as network congestion during peak times. This has led to delays and failed transactions. Solaxy fixes these issues by bundling transactions off-chain and settling them on Solana’s mainnet, making the network faster, cheaper, and more reliable.
POV: Your staking rewards are getting heavier and heavier every day 🛸🪐
Stack 'em up! 🔥https://t.co/mdaTX9aVVx pic.twitter.com/4AO3MKwVDR
— SOLAXY (@SOLAXYTOKEN) June 7, 2025
The team has already rolled out a public testnet, complete with a block explorer and a bridge connecting Solana to Ethereum. This cross-chain feature lets developers tap into the strengths of both networks, opening the door for bold new Web3 projects.
Additionally, Solaxy’s Igniter Protocol, a no-code token launchpad, lets SOLX holders create their own tokens, adding fuel to the ecosystem’s growth.
According to the popular YouTube channel 99Bitcoins, which has over 723k subscribers, SOLX has the potential to soar 100X once it launches.
Buy The Solaxy Token Now – Only 7 Days Left!
Right now, SOLX tokens are priced at $0.00175 apiece, but that low entry point won’t last. The presale ends in a little more than 7 days, with major exchange listings looming.
What’s more, investors can stake their tokens for an 88% APY, with over 13 billion tokens already staked.
Want in? Head to the Solaxy website, connect your wallet, and buy with ETH, USDT, BNB, or a bank card. With time running out, this could be your shot to ride Solana’s next big wave.
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