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The SPX6900 price soared 11% in a week and 5% in the past 24 hours to trade at $1.29 as of 12:26 p.m. EST on trading volume that dropped 20% to $78.7 million.
With the asset showing so much potential in the last week, can SPX still soar from the current level?
SPX6900 Price Trading Below Key Resistance Level, Poised For A Breakout
The SPX price chart on the 3-day timeframe reveals a strong bullish trend that began in early 2025 following a prolonged accumulation period.
After bottoming out around the $0.03 level, the crypto staged a parabolic rally, closing at a peak near $1.73.
Although this explosive move retraced significantly, SPX6900 price action found strong support around the 0.786 Fibonacci retracement level ($0.39), according to data from GeckoTerminal.
That level served as the base for the formation of a rounded bottom pattern, which is a bullish reversal structure.
The rounded bottom resolved with an upward breakout, and SPX has since been in a steady uptrend, confirmed by a series of higher highs and higher lows.
The SPX6900 price is currently consolidating just below the resistance near the 0.236 Fibonacci level ($1.32), a historically significant zone which previously acted as resistance during multiple failed breakout attempts.
Meanwhile, the price of SPX6900 is trading well above both the 50 and 200 Simple Moving Averages (SMAs), cementing the bullish outlook.
Moreover, the Relative Strength Index (RSI), standing at 59.25, is in neutral-to-bullish territory. It indicates there’s still room for the price to move higher before entering an overbought condition.
SPX Aims To Hit $2
SPX appears poised for a breakout attempt above the $1.32 resistance zone. If this level is convincingly breached with substantial volume, the next logical target is the prior high around $1.73.
A continuation toward the 1.618 Fibonacci extension could potentially push the SPX6900 price closer to the $2.00 mark.
Conversely, failure to break above the $1.32 area may lead to a short-term consolidation or pullback toward the 0.382 or 0.5 Fibonacci retracement levels at $1.08 and $0.87, respectively, which would serve as support zones for the price of SPX6900.
Meanwhile, investors are piling into a new meme coin called TOKEN6900 (T6900), which, according to 99Bitcoins, a popular YouTube channel with over 723k subscribers, could be the next SPX6900.
TOKEN6900 Token Presale Rushing Towards The $200K Mark Days After Launch
The TOKEN6900 presale is gaining momentum just 5 days after its launch, having raised over $148,000 as it rushes towards the $200,000 milestone.
The presale is offering 80% of its token supply for staking rewards, with a hard cap of $5 million.
TOKEN6900 is poised to capitalize on the growing interest in meme coins. The token is built on the Ethereum blockchain and is designed to turn collective brain-rot into a tradable ticker, adding an extra token for flexibility.
The project makes it clear that it has no utility.
🔥New Token6900 Meme Coin is going Viral!!
I am buying right now: https://t.co/ORNDMJKaa1#token6900 @Token_6900 #Binance #trading #Crypto #Bitcoin #Crypto #PEPE #snorter #snortertoken #btchyper #bitcoinhyper #Solana #SolanaAirdrop #SOLANAMEMES #SOLX #pepeto #Bitcoin pic.twitter.com/TkXAQWJfTw— Alessandro De Crypto (@A_D_Crypto) July 2, 2025
Priced at $0.006425, you can buy T6900 tokens with ETH, BNB, USDT, USDC, or a bank card.
The end price is $0.007125, so there’s no time to lose before the price starts to rise and the hard cap is reached.
For passive income, investors can also buy and stake T6900 tokens for a 307% annual percentage yield (APY). Over 6.6 million tokens have already been staked.
Investors looking to secure the best presale deal will want to buy before the next ICO hike in less than 1 hour.
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