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Cryptocurrency News Articles

SPX6900 Price Completes Bullish Breakout And Retest

May 22, 2025 at 07:06 pm

The SPX6900 price has surged 14% in the last 24 hours to trade at $0.8973 as of 4:13 a.m. EST

SPX6900 Price Completes Bullish Breakout And Retest

The SPX6900 price has surged 14% in the last 24 hours to trade at $0.8973 by 4:13 a.m. EST on a 127% surge in daily trading volume to $43 million.

The surge in the SPX price has propelled the token to the top of CoinMarketCap’s gainers’ list. This is after Bitcoin (BTC) soared to a new all-time high (ATH) above $110K in the last 24 hours.

SPX6900 Price Completes Bullish Breakout And Retest

The SPX price hit an intra-day high of $0.8981, up 101.6% in the past month. The meme coin also hit a high of $1.7820 early January 2025 before correcting to $0.2531 by mid-March.

The Bulls are clearly in control now.

The daily SPX/USDT chart shows SPX6900 breaking out of a textbook ascending triangle pattern, which is a mega bullish sign for investors who know the game.

The chart shows that the SPX price has been grinding higher after dipping to $0.2531 in March. The price formed an ascending triangle, respecting a diagonal support line while hitting resistance around $0.6456 multiple times.

On May 22, SPX finally broke through that resistance, closing at $0.8958 but showing momentum toward the $1.61 target projected on the chart. That’s a 78.06% move from here.

SPXUSDT Analysis Source: Tradingview

The Relative Strength Index (RSI) currently sits at 69.62, just below the overbought threshold of 70, indicating that SPX6900 is running hot, but there’s still room for further upside before selling pressure kicks in.

Adding to the bullish outlook, the Chaikin Money Flow (CMF) reads 0.14, suggesting solid buying interest and that the bulls are still in control.

Key support zones appear at the 0.618 ($1.1726), 0.382 ($0.7322), and 0.786 ($0.5542) Fibonacci retracement levels. If SPX maintains its footing above $0.8958 and the momentum continues, a run toward the $1.61 target is well within reach, especially with strong volume behind the move.

However, if bearish pressure emerges, a drop below $0.7322 could trigger a pullback, with $0.5542 serving as the next major support level.

BTC Bull Token Presale Crashes Past $6.1M – Next Crypto To Explode?

As SPX6900 price continues its bullish surge, investors are shifting their attention to BTC Bull Token (BTCBULL), the BTC themed meme coin that’s got the Bitcoin bulls charging hard.

With Bitcoin hitting a new all-time high of $111,544, BTCBULL is emerging as the perfect sidekick for those looking to ride the BTC wave without shelling out for a full coin. This BTC-based meme presale is quickly gaining steam, having already raised over $6.1 million in its ongoing presale.

Built on the belief that Bitcoin will one day break the $1 million mark, BTCBULL is rewarding its community along the way with real Bitcoin airdrops as BTC hits major price milestones.

These airdrops kick off when Bitcoin hits $150K, followed by drops at $200K, $250K, and every $50K milestone after that. The size of each airdrop will be based on an investor’s presale contributions.

BTC Pizza Day hits different. 🍕📈pic.twitter.com/ItX1JjOs3J

— BTCBULL_TOKEN (@BTCBULL_TOKEN) May 22, 2025

And here’s the kicker. Once Bitcoin crosses $250K, a massive 10% of BTCBULL’s 21 billion token supply will be airdropped to loyal holders, a bold move that adds serious weight to the project’s vision.

This major distribution event is expected to deliver huge returns for long-term holders, especially amid growing optimism that the next crypto bull run may already be kicking off.

Investors interested in a passive income can stake BTCBULL tokens for a dynamic 67% APY as well, letting them stack tokens while they sleep. Over 1.57 billion tokens are already locked up, so the community’s all in.

An analyst on the 99Bit

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Other articles published on Jun 09, 2025