Join Our Telegram channel to stay up to date on breaking news coverage
The SPX6900 price soared 13% in the last 24 hours to trade at $0.4984 as of 4:13 a.m. EST on trading volume that surged 13% to $33.7 million.
This increase in the SPX price comes despite the global stock market falling sharply and the US dollar hitting a six-month low after Donald Trump unveiled sweeping tariffs against the US’s global trade partners.
AFTER-HOURS MARKET BLOODBATH🩸:
Trump’s “reciprocal tariffs” fantasy just triggered a financial gut punch:
—S&P 500 Futures: -3.5%
—Nasdaq 100 Futures: -4.2%
—Dow Jones Futures: -2.4% (over 1,000 points)Wall Street’s not reacting to strength—it’s reacting to panic.
Welcome… pic.twitter.com/n0EiKHBn11
— Mario 🇺🇸🇵🇱🇺🇦🇪🇺 (@PawlowskiMario) April 2, 2025
SPX6900 Price Shows Signs Of An Upward Trajectory
The SPX price exhibits a clear Elliott Wave structure, currently appearing to be in Wave 4 of a five-wave impulse pattern.
The SPX6900 price has followed a strong bullish trend from late last year, reaching a peak (Wave 3) before undergoing a corrective decline to Wave 4, according to GeckoTerminal data.
The presence of a corrective move in Wave 4 suggests that a potential Wave 5 surge could be on the horizon.
Additionally, SPX price action shows a critical battle near the moving averages, with the price currently hovering around key levels. The recent price of SPX6900 action suggests a possible accumulation phase before the next move.
Meanwhile, the 50-day Simple Moving Average (SMA) (white line) is at $0.5256, while the 200-day SMA (yellow line) is at $0.6894. The price of SPX6900 is currently below both SMAs, suggesting bearish pressure.
The Relative Strength Index (RSI) (14) is at 49.96, indicating neutral momentum. It is neither in overbought nor oversold territory, suggesting that the market has room for movement in either direction.
Is $1.6 Next For The SPX Price?
Based on the Elliott Wave count and key indicators, there is a high probability of a bullish breakout if the SPX6900 price successfully moves above the 50-day and 200-day SMAs.
If the pattern holds, SPX could target the $1.60 level in Wave 5.
However, failure to break resistance at the moving averages could result in further consolidation before a decisive move. A drop below $0.40 may indicate further downside risk to the next support zone around $0.29.
Meanwhile, investors are piling into a new crypto called SUBBD token (SUBBD).
Spotted: a shiny new token making its debut – and no, it’s not just another coin with a cute name.$SUBBD presale is now officially live. ✨
And between us? Early buyers don’t just get perks… they get power.
You know where to find it.
🔗 https://t.co/8yAMjVQD5E pic.twitter.com/g33ipi9kp2— SUBBD (@SUBBDofficial) April 3, 2025
Get In A Project That Redefines Content Creation
SUBBD token is a next-generation platform that brings together live content, premium fan experience, staking, crypto payments, and AI content tools all into one seamless ecosystem.
Built on Ethereum and powered by the SUBBD token, it combines powerful AI features, transparent rewards, and Web3 utility, while removing the middleman.
Asked the devs if I could accept crypto. They said, “You already do.”
No banks. No begging. No names.
Just tap, pay, unlock – like nothing ever happened. 🤫
SUBBD is built for quiet transactions and loud content. pic.twitter.com/sSjMINjnnT
— SUBBD (@SUBBDofficial) March 31, 2025
The project continues to gain traction, having raised over $44K in a few hours after its launch.
SUBBD token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 20% annual percentage yield (APY). Investors have already staked more than 414K tokens.
Anyone interested in participating in the presale can visit the official SUBBD website to buy SUBBD tokens for $0.055075 each using crypto or a bank card.
Buy before a price hike in about 2 days to lock in the best presale rate.
Visit the SUBBD Token website.
Related News:
- Arthur Hayes: Trump Tariffs Good For Bitcoin As Governments Print Money
- 6 Best Altcoins To Invest In Today — Litecoin, Fellaz, Onyxcoin, Reserve Rights
- SOL Drops 4%, This Blockbuster Layer-2 Token Presale Hits $29 Million
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
