{"id":586495,"date":"2024-10-12T09:31:28","date_gmt":"2024-10-12T09:31:28","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=586495"},"modified":"2024-10-12T09:31:28","modified_gmt":"2024-10-12T09:31:28","slug":"spx6900-price-surges-25-as-this-pepe-2-0-ico-closes-on-19-million-raised","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/spx6900-price-surges-25-as-this-pepe-2-0-ico-closes-on-19-million-raised","title":{"rendered":"SPX6900 Price Surges 25% As This PEPE 2.0 ICO Closes On $19 Million Raised"},"content":{"rendered":"

The SPX6900 price surged 25% in the past 24 hours <\/span>to trade at $0.752<\/span><\/a> as of 9:10 p.m. EST on trading volume that rose 3% to $73.5 million.<\/span><\/p>\n

SPX6900 Price Prediction: SPX On A Sustained Bullish Rally<\/b><\/h2>\n

According to the SPX\/USDT chart analysis on the 4-hour timeframe, the SPX6900 price has been on a continued rally in October, moving within a rising channel pattern.<\/span><\/p>\n

The SPX6900 price, after hitting the $0.66 resistance, then went through a brief consolidation phase as the bulls maintained the price above the $0.51 support zone. However, the bulls seem to have won the struggle for dominance, as the price has now surpassed the resistance zone.<\/span><\/p>\n

SPX price now trades above the 50-day Simple Moving Average (SMA), a confirmation of the bullish trend.<\/span><\/p>\n

The Relative Strength Index (RSI) also seems to be rebounding from the 50-midline level, currently at 60, which also indicates that buyers have the upper hand.<\/span><\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) blue line is crossing above the orange signal line, forming a bullish crossover. This cross further affirms the bullish sentiments.<\/span><\/p>\n

The bulls are aiming for a sustained bullish rally, which could see the price of SPX6900 soar even further, as the bulls aim for $1.5.<\/span><\/p>\n

\"SPX6900<\/p>\n

SPXUSDT Chart Analysis (Source: Tradingview)<\/span><\/em><\/p>\n

As the RSI continues to soar, the asset may soon become overvalued. This may allow the bears to prompt a correction, where $0.44 (50-day SMA) could act as the immediate support level.<\/span><\/p>\n

As the SPX6900 price continues its upward trajectory, investors are also piling into the latest Pepe-themed presale alternative called <\/span>Pepe Unchained (PEPU)<\/span><\/a>.<\/span><\/p>\n

Pepe Unchained Amasses Over $18.9 Million<\/b><\/h2>\n

Pepe Unchained<\/span><\/a> continues to smash milestone after milestone in its presale, with its latest fundraising round surpassing the $18.9 million mark.<\/span><\/p>\n

The project stands out from other meme coins because it is launching on its native Layer 2 chain on top of Ethereum’s network.<\/span><\/p>\n

The Pepe Unchained project has ambitious plans. It is primarily focused on launching a dedicated L2 blockchain known as Pepe Chain, which is dedicated to “unchaining” Pepe from its clunky, outdated Layer-1 blockchain.<\/span><\/p>\n

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Pepe is gathering his power from the beautiful glowing green computer screens.<\/p>\n

All of the world's knowledge, culminating in the launch of his L2. pic.twitter.com\/f6pVnY6cLv<\/a><\/p>\n

— Pepe Unchained (@pepe_unchained) October 4, 2024<\/a><\/p><\/blockquote>\n