Join Our Telegram channel to stay up to date on breaking news coverage
The SPX6900 price has soared 6% in the last 24 hours to trade at $1.05 as of 8:05 a.m. EST on a 4% jump in trading volume to $90 million.
The SPX price pump comes even as crude oil prices jumped over 3.9% this morning amid fears that Iran might move to block the Strait of Hormuz, resulting in the disruption of 20% of the world’s oil supply.
With Iran threatening to close the Strait of Hormuz, one of the world’s most strategically important choke points, Brent crude rose to $78.42 per barrel, with analysts warning prices could hit $100.
Most people think a little unrest in Iran won't impact global oil prices—but here's why they're wrong.
💡 Strait of Hormuz is a critical choke point.
🛢️ Oil jumped nearly 3% overnight due to perceived conflict.
📊 JP Morgan strategists warn prolonged destabilization means… pic.twitter.com/dcbPB4P2uh— Kirk Elliott PhD (@kirkelliottphd) June 21, 2025
The Bitcoin price briefly dropped below $100,000 earlier today, dragging the entire market with it. But SPX investors may be in for a nice surprise as the meme coin shows breakout potential.
SPX6900 Price Breaks Out With Classic Cup-And-Handle Pattern
The SPX6900 chart shows the meme coin price trending at $1.034 as technical indicators signal a breakout could be imminent. SPX price action shows a classic cup-and-handle pattern forming, with the price breaking above the cup and retesting it over the past 26 days.
The price has found support at the top of the cup ($0.9542) and is consolidating here before launching upward. This is the phase where bulls typically stage a comeback. If they do, they could push SPX6900 past the 1.7438 high and aim for $3.07, a 185.8% increase from here.
The 50-day Simple Moving Average (SMA) and 200-day SMA are trending upward, signaling strong momentum. The Relative Strength Index (RSI) sits at 42.37, hovering near neutral territory. The RSI is flattening, signaling that bulls are fighting the bears over the current support level ($0.94 — $1.05).
SPXUSDT Analysis Source: Tradingview
Meanwhile, the MACD shows a bearish crossover, with the signal line dipping but poised to climb if bulls hold the current support.
SPX6900 Price Could Soar 185% Even As Oil Prices Climb
Crude oil prices are spiking due to geopolitical heat in the Strait of Hormuz, a choke point for global oil flow. You would think this would tank the market, but no. The SPX6900 is shrugging it off.
The 185% surge could hit by late July if the support holds and volume comes in during the bounce, targeting around $3.05 based as highlights don the chart.
However, there are risks. If oil prices keep jumping or Hormuz tensions escalate, we might see a pullback to retest that $0.6 support. But with the cup-and-handle holding strong and indicators in sync, the bulls are in the driver’s seat. Investors should keep an eye on the RSI. If it spikes above 70, it might be time to lock in gains.
In short, the SPX6900 is primed for a 185% pump, even with oil drama in play.
Snorter Token Presale Rockets Past $1.2M – Next Big Crypto?
Even as the SPX6900 price gets ready for a bullish rally, traders are buying into Snorter Token (SNORT), a Solana-based Telegram trading bot that has surged past $1.2 million in presale.
With a quirky aardvark mascot and a promise to outsmart the market, SNORT is shaping up to be a fan favorite for traders chasing the next big pump.
Snorter Bot, built right into Telegram, is like having a crypto sniper in your phone. It offers blazing-fast, sub-second trades, letting you grab tokens the moment they drop.
Its built-in protections are a lifesaver, with an 85% success rate at spotting rug pulls and honeypots, plus MEV shields to dodge sneaky bot attacks.
For newbies, features like copy-trading let you mirror pro traders’ moves, while a live dashboard keeps your portfolio in check.
Just raised a milli.
Official Snorter bot community telegram launching soon. Who wants in?$SNORT #snortertoken pic.twitter.com/2Q7sjBlRmU
— Snorter Support 📥 (@SnorterToken_) June 21, 2025
Holding SNORT slashes trading fees from 1.5% to 0.85%, cheaper than rival bots like Banana Gun and Unibot.
Early buyers can stake their tokens for a massive 269% annual return, though that will dip as more investors jump in. With plans to expand to Ethereum, BNB Chain, and beyond, Snorter is building a long-term play in the $170 million trading bot market.
The 99Bitcoins YouTube channel, with over 723k subscribers, calls SNORT a potential 10x coin, praising its ability to “snipe” meme coin launches before whales and bots eat up the profits.
You can grab SNORT with SOL, ETH, USDT, or a bank card on the official Snorter Token website.
Interested investors can buy SNORT tokens for $0.0961 each. It’s best to buy before a price hike in less than 2 days.
Related Articles:
- New Cryptocurrency Releases, Listings & Presales Today
- Top Crypto Gainers Today Jun 22
- 6 Best Altcoins to Watch Today, June 22
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
