SPX6900 Price Prediction: SPX Surges 17% As Experts Say Consider This Meme Coin Index ICO For 10X Potential
The SPX6900 price has surged 17% in the last 24 hours to trade at $0.7724 as of 7:05 a.m. EST on a 44% pump in trading volume to $44 million. SPX6900 Price Rides The Head And Shoulders Pattern The 4-hour chart for SPX/USDT indicates a bullish outlook, with a head and shoulders reversal pattern forming a strong foundation for upward momentum. The head of the pattern is around $0.65, while the shoulders are at $0.70, creating a symmetrical structure. The neckline, serving as a key resistance level, is positioned at $0.78. Currently, the price is trading at $0.7724, just below the neckline. A breakout above this level could confirm the bullish reversal. SPXUSDT Analysis Source Tradingview Moving averages further support the bullish sentiment. The 50-period MA at $0.7064 has acted as dynamic support during the recent rebound, while the 200-period MA at $0.6563 aligns with the head’s base, providing significant support. The upward crossover of the 50-period MA above the 200-peri...
