Following this initial rally, the price formed a classic rounded bottom pattern between October and November. This pattern, representing a gradual transition from selling to buying, established a critical support zone near $0.90. A breakout occurred once the rounded bottom was completed, propelling the price into a new uptrend that retested and exceeded earlier highs.<\/p>\n
![\"SPX6900](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/DEXTools.io_SPX_USD-UNI_2025-01-18_04-30-16.png\")
<\/p>\n
SPXUSD Analysis Source: Dextools.io<\/p>\n
The 50-day moving average (SMA), shown as the blue line, has a clear upward slope, signifying a healthy underlying uptrend. This SMA is also dynamic support, closely aligned with the rounded bottom’s base at $0.90.<\/p>\n
SPX6900 Price Key Support Levels Hold Firm<\/h2>\n
The MACD indicator remains positive, although the histogram indicates some loss of bullish momentum during the retracement phase. Encouragingly, the MACD line is still above the signal line, indicating bullish momentum could resume if buyers step in.<\/p>\n
The RSI currently reads 62.25, comfortably in bullish territory but well below the overbought threshold of 70. This indicates that the SPX6900 price can climb higher before any correction is expected. Key levels to watch are $1.00, which is the immediate horizontal support, and $0.90, which aligns with the 50-day moving average and serves as the next major support zone.<\/p>\n
On the upside, $1.60 is the key resistance level that must be cleared for the bullish trend to extend further. If the $1.00 support holds, a rebound could push the price back toward the $1.60 resistance and potentially higher.<\/p>\n
Conversely, a break below $1.00 might trigger further downside toward the $0.90 level, where buyers will likely regroup.<\/p>\n
New AI Agent Crypto Presale Blasts Past $2 Million – Next Crypto To Explode?<\/h2>\n
The bullish trend for the SPX6900 price remains intact, and investors are also pumping cash into Mind of Pepe (MIND),<\/a> <\/strong>a new token that combines an AI agent with the branding of meme coin titan Pepe. It has surged past $2.1 million in fundraising in just a few days since it launched earlier this week.<\/p>\n At the core of the Mind of Pepe project is an advanced AI agent designed to operate autonomously and continuously improve itself. This self-evolving technology scours platforms like crypto Twitter to identify emerging trends and opportunities before they become mainstream.<\/p>\n #blockchain<\/a> Cryptocurrencies by @blockchainers<\/a> AI Meets Meme Coins: MIND of Pepe Revolutionises Crypto Innovation https:\/\/t.co\/upqNPEgK4k<\/a> MIND of Pepe ($MIND) redefines the crypt on Wednesday, January 15, 2025 #blockchain<\/a> #crypto<\/a> #cryptocurrency<\/a> #news<\/a> #opinion<\/a> #jobs<\/a> #video<\/a><\/p>\n — Blockchain News (@blockchainers) January 15, 2025<\/a><\/p><\/blockquote>\n\n