SPX6900 Price Prediction: SPX Pumps 4% In A Week, But Investors Flock To This AI PEPE Offering A 334% APY – Best Crypto To Buy Now?
The SPX6900 price has pumped 4% in the past week and 1% in the last 24 hours to trade at $0.7078 as of 12:00 a.m. EST on a 6% drop in trading volume to $18 million. SPX6900 Price Eyes Bullish Reversal As It Tests A Critical Support Zone The SPX price has been moving within a bearish channel, consistently forming lower highs and lower lows, indicating a prolonged downtrend. However, it has now reached a critical support zone between $0.5888 and $0.7078, an area where buyers previously stepped in to prevent further declines. This support zone is crucial because if the price holds, it could serve as a foundation for a potential bullish reversal. SPXUSDT Analysis Source: Tradingview A break above the bearish channel would indicate that selling pressure is weakening and bullish momentum is taking over. If this happens, the next major resistance to watch is around $1.4534, which represents a previous high where selling pressure was strong. This level will be a key test for bulls,...