If SPX6900 continues the climb, will face a resistance about $ 1.23.
Community support is the main engine for the price of SPX6900.
The cryptocurrency podium with greater rise in the last 7 days (within the Top 100 per market capitalization) is again led by SPX6900 (SPX).
At the weekly level, this token that lives in Ethereum and other networks, has a rise of 15% and quotes, at the time of this publication, at 1.01 dollars, as can be seen in the following table, provided by the Coinmarketcap platform:
Cryptonoticias has explained in previous publications that SPX is a memecoin. Overcoming the S&P500 is the objective that its community – led by the influencer Murad Mahmudov – repeats again and again in publications on social networks.
There have not been in recent days news on SPX6900 as listings in large exchanges or changes at the technological level, so community support can be considered the main engine of this rise. Bitcoin’s permanence around 105,000 dollars also favors the rise of the Altcoins. Anyway, according to blockchain center, the market is still quite far of an Altseason (or Altcoins season).
From the technical analysis (although the SPX6900 community says that the graphics are not important), it will be key that the Token overcome the level of $ 1.23 (yellow line in the following graphic) where it probably finds some resistance. Only in this way will it be enabled to go once again towards the historical maximum zone, above $ 1.50.
Like the rest of the cryptocurrencies, SPX6900 will be impacted by the macroeconomic environment in the next few days. Any novelty in terms of “tariff war” or interest rates in the United States, for example, could benefit or harm the price of this token.
