Be part of Our Telegram channel to remain updated on breaking information protection
The SPX6900 value has surged 17% within the final 24 hours to commerce at $0.7724 as of seven:05 a.m. EST on a 44% pump in buying and selling quantity to $44 million.
SPX6900 Value Rides The Head And Shoulders Sample
The 4-hour chart for SPX/USDT signifies a bullish outlook, with a head and shoulders reversal sample forming a robust basis for upward momentum. The top of the sample is round $0.65, whereas the shoulders are at $0.70, making a symmetrical construction.
The neckline, serving as a key resistance stage, is positioned at $0.78. Presently, the value is buying and selling at $0.7724, slightly below the neckline. A breakout above this stage might affirm the bullish reversal.
SPXUSDT Evaluation Supply Tradingview
Transferring averages additional help the bullish sentiment. The 50-period MA at $0.7064 has acted as dynamic help in the course of the latest rebound, whereas the 200-period MA at $0.6563 aligns with the top’s base, offering important help. The upward crossover of the 50-period MA above the 200-period MA strengthens the case for continued bullish momentum.
The RSI sits at 59.18, indicating neutral-to-bullish momentum with room for additional upward motion earlier than hitting overbought territory. If the value breaks and closes above the neckline at $0.78, it might goal the following resistance at $0.85 and probably $0.90, pushed by the peak of the sample added to the breakout stage. Conversely, a failure to interrupt the neckline could result in a pullback towards $0.70, with additional draw back testing the 200-period MA at $0.6563.
In abstract, the chart presents a bullish setup, with robust help ranges and indicators favoring an upward transfer. A breakout above the neckline at $0.78, accompanied by robust quantity, might sign the continuation of the uptrend towards $0.85 and $0.90.
Meme Index Presale Roars Previous $339k – The Subsequent Crypto To Explode?
Whereas merchants anticipate a escape right into a bullish surge for the SPX6900 value, traders are turning to the brand new meme coin token Meme Index (MEMEX), the first-ever decentralized meme coin index, providing curated baskets of meme cash tailor-made to numerous threat profiles.
Since its launch on Monday the mission’s presale has raised over $339k in funding, signaling robust curiosity and potential for fast adoption post-launch.
In response to crypto analyst and YouTuber Jacob Bury, who has over 45k subscribers, MEMEX has the potential to be the following 10x crypto.
The Meme Index has attracted important consideration as a consequence of its dedication to community-driven governance, robust safety, transparency, and excessive ROI potential, giving holders the flexibility to submit and vote on mission proposals.
With $MEMEX, customers acquire entry to 4 unique meme coin baskets: the Meme Titan Index, Meme Moonshot Index, Meme Midcap Index, and Meme Frenzy Index.
Every basket caters to various threat appetites, from comparatively secure choices to ultra-high volatility picks. As an example, the Frenzy Index options rising and extremely risky meme cash for these searching for an exciting funding expertise.
These indexes are dynamic, repeatedly up to date to mirror the newest market traits, and accessible to $MEMEX holders.
Whenever you’ve lastly mastered all 4 Index’s and your folks are calling for recommendation 📈 😅 pic.twitter.com/PdsMS0HMNU
— Meme Index (@memecoin_index) December 22, 2024
As well as, MEMEX holders can stake their tokens on the presale staking pool at the moment providing an enormous annual yield of 5,161%. Holders can stake $MEMEX tokens into these baskets, which embody common meme cash like $DOGE, $SHIB, $PEPE, and $FLOKI.
The twin benefit of staking alternatives and entry to various indexes allows retail traders to safe early publicity to high-potential meme cash whereas additionally offering institutional traders with extra secure choices by way of large-cap indexes.
POV: The groups Index simply exploded and the earnings are rolling in 📈🚀
You prepared to affix the Frenzy? https://t.co/7P9aYCaBEn pic.twitter.com/bYQDS3M6zf
— Meme Index (@memecoin_index) December 21, 2024
To take part within the presale, you should buy MEMEX tokens on the official web site for simply $0.0145702, and stake them if you wish to maximize your returns.
However don’t take lengthy to purchase as a value hike is lower than 18 hours away.
Purchase MEMEX tokens utilizing USDT, ETH or financial institution card.
Associated Articles
Latest Meme Coin ICO – Wall Avenue Pepe
- Audited By Coinsult
- Early Entry Presale Spherical
- Non-public Buying and selling Alpha For $WEPE Military
- Staking Pool – Excessive Dynamic APY
Be part of Our Telegram channel to remain updated on breaking information protection