SPX6900 Price Prediction: SPX Surges 8% As Traders Pivot To This PEPE Alternative ICO That’s Barreling Toward $35M
The SPX6900 price surged 8% in the past 24 hours to trade at $0.7340 as of 8:18 p.m. EST on trading volume that jumped 29% to $55.8 million, according to CoinGecko. SPX6900 Aims For A Sustained Breakout The SPX/USDT chart Analysis on the 6-hour timeframe shows that the SPX6900 price is consolidating within a sideways pattern. This range is defined roughly between $0.55 and $0.75, indicating indecision among market participants. Despite earlier volatility, including a sharp sell-off to $0.46, the price of SPX6900 has stabilized and oscillated within this range since early December. Recently, the SPX6900 price broke above the 200-day Simple Moving Average (SMA) in purple and the 50-day SMA in green. This suggests a potential bullish bias emerging from the consolidation zone, provided the price can hold above these averages. However, as the market remains range-bound, traders should remain cautious until a definitive breakout occurs. The Relative Strength Index (RSI) is hoverin...