SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?

SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?
SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam?

Main notes

  • SPX6900 (SPX) has risen over 50 % over the past week and gained 10 % in the past 24 hours.
  • SPX Bonk exceeded the fifth largest Mimi currency depending on the market value.
  • The accumulation of the whale and the falling reserves indicates the exchanging pressure with the SPX closure in ATH.

Spx6900

SPX
$ 1.46



24 hours fluctuation:
10.2 %


The maximum market:
$ 1.36 b



Folder. 24h:
136.32 dollars

The MD -style of the S& P 500 index, more than 50 % this week and 10 % in the past 24 hours, proves the fact that despite its sarcastic simulation roots, it became a dangerous player in the market.

The currency reached the highest daily level of $ 1.73, just shy of its highest level at $ 1.77. At the time of the press, SPX is traded at $ 1.69, and keeps stabilizing while most Meme coins face a wider correction in the market.


Bonk Who?

Hit the SPX bonk equivalent height

Bonk
0.000014 dollars



24 hours fluctuation:
16.2 %


The maximum market:
$ 1.08 b



Folder. 24h:
272.40 m

Just the base of the statue as the fifth largest Mimi currency depending on the maximum market. Bonk has decreased by 7 % in the past 24 hours, as it decreased to 0.00001625 dollars, after a failure of a failure at $ 0.00001640. With the transformation of market interests, SPX appears quickly as one of the best coins to see this year.

The decrease was collected by escalating geopolitical tensions between United States and IranWhich led to a 3.5 % wider Mimi currency declining during Bitcoin

BTC
103 dollars 847



24 hours fluctuation:
4.4 %


The maximum market:
2.06 dollars R.



Folder. 24h:
$ 47.78 b

It also decreased from 110 thousand dollars to 107 thousand dollars. However, a tall SPX stood up, clearly disorder of chaos.

The SPX market ceiling exploded from $ 275 million in March to $ 1.55 billion. Data appears on the chain Pisces have grown From 104 million to 105.29 million SPX during the past month, while the symbols held on the stock exchanges decreased by 2.7 % to 90.21 million.

Technical expectations: Cup and dealing with penetration near

The Daily Chart draws the formation of a cup and textbook handles, which is now approaching the penetration area. The neck line of the pattern is closely with the resistance range from 1.73 to $ 1.77, just below the highest level ever.

Fibonacci levels indicate critical upward goals at 1.618 FIB: $ 1.78, 2.618 FIB: $ 2.48, and the end of the final extension at 4.236 FIB: $ 3.00+.

On the other hand, RSI is 81.74, indicating excessive conditions in the extreme peak area, which is a possible sign of slowdown in the short term. The MACD is still strongly bullish, as the graph and signal lines expand, reflecting the increasing momentum.

SPX6900 Daily Chart | Source: TradingView

If SPX is closed above $ 1.77, the goal of the cup and cup is about $ 1.87, which is a 16 % transition of current levels. If this area is violated, the bulls may aim at a range of $ 2.21 – 2.48 dollars.

Rejection from ATH can be seen re -testing the price of $ 1.62, which now works as support after turning the level of Fibonacci 78.6 %. If the feelings worsen, SPX may slip to $ 1.34 (FIB 1.618) or even $ 1.20, near the lower direction line of the handle.

the next

Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Bonk News, Meme Coin News, Cryptocurrency News, News

Barth Dobby

Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.

Part Dubey on LinkedIn

The post SPX6900 Surges 50% — Is BONK Meme Coin Losing Steam? first appeared on Investorempires.com.