{"id":585023,"date":"2024-10-08T15:50:32","date_gmt":"2024-10-08T15:50:32","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=585023"},"modified":"2024-10-08T15:50:32","modified_gmt":"2024-10-08T15:50:32","slug":"spx6900-price-prediction-spx-becomes-12th-biggest-meme-coin-after-5561-pump-in-a-month-as-this-pepe-2-0-ico-soars-past-18-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/spx6900-price-prediction-spx-becomes-12th-biggest-meme-coin-after-5561-pump-in-a-month-as-this-pepe-2-0-ico-soars-past-18-million","title":{"rendered":"SPX6900 Price Prediction: SPX Becomes 12th Biggest Meme Coin After 5,561% Pump In A Month As This PEPE 2.0 ICO Soars Past $18 Million"},"content":{"rendered":"
The SPX6900 price has <\/span>risen<\/span><\/a> over 5,561% in the last month following a 34% pump in the last 24 hours to trade at $0.5204 as of 7:42 a.m. EST.<\/span><\/p>\n With the strong performance by the SPX price in the past month, the crypto is now ranked as the 12th biggest meme coin by market cap at $477.3 million.<\/span><\/p>\n <\/p>\n 4-hour chart for SPX\/USD (Source: <\/span>GeckoTerminal<\/span><\/a>)<\/span><\/p>\n The <\/span>SPX6900<\/span><\/a> price has consistently printed higher highs and higher lows on the 4-hour chart throughout the past 48 hours, leading to the formation of an ascending price channel. Should this bullish trend continue, the altcoin could soon flip the resistance level at $0.5387 into support. Overcoming this level might then clear the room needed for SPX to keep climbing.<\/span><\/p>\n However, sellers could bring an end to the crypto’s climb if they are able to keep the SPX6900 price below the $0.5587 barrier for the next 16 hours. In this more bearish case, SPX might test the immediate support level at $0.4519 before potentially falling to $0.3515. Continued sell pressure could even lead to the crypto’s price plunging to as low as $0.2694 in the short term.<\/span><\/p>\n In addition to the positive price channel, there are some technical signs that suggest the <\/span>SPX6900<\/span><\/a> price might keep climbing through the course of the next trading day. Buyers seem to be a lot stronger than sellers, as signaled by the high Relative Strength Index (RSI) readings in the mid 70s. The RSI’s positive slope also suggests bulls are still accumulating strength,<\/span><\/p>\n Meanwhile, the Moving Average Convergence Divergence (MACD) indicator points to a continued increase in SPX’s price as well. Not only is the MACD line bullishly positioned above the MACD Signal line, the gap between the two technical indicators is also growing. Traders generally see this as a sign that a crypto’s positive momentum is intensifying.<\/span><\/p>\nThe SPX6900 Price Approaching Resistance<\/span><\/h2>\n
SPX6900 Price Showing A Lot Of Technical Strength<\/span><\/h2>\n