SPX Price Gains Strength as Golden Cross Looms | Airdrop Alert Pro

The price of SPX6900 (SPX) has soared by nearly 30 % in the past 24 hours, and its market value is close to 1.3 billion US dollars, and it has consolidated its position as one of the largest cause coins. This rapid growth also makes the SPX drive RSI The highest level since January 19 marks strong purchase pressure, but is close to too much territory.

At the same time, the net inflow of smart currency activities is $ 35,096, which shows that the interest of influential traders has increased. Does SPX continue to rise to 1.8 US dollars or the correction depends on the key resistance and support level in the next few days.

SPX RSI rise without too much threshold

SPX6900 RSI rose from 43.5 to 66 in just one day after the price rose 30 %. This surge also ranks SPX in the sixth place Coin In the market. RSI (relative strength index) is a momentum index that measures the speed and amplitude of the price movement at a ratio of 0 to 100.

The number of readings below 30 indicates that the asset is oversold, and the level higher than 70 indicates that it is too much. The rise of RSI reflects the increase in the rise of the bullish, while the decrease of the RSI signal has weakened the strength or potential price correction.

SPX6900 RSI is now 66 years old, the highest level since January 19, marking strong purchase pressure. Although it has not reached a superb threshold of 70, it is approaching that traders may start paying attention to potential tiredness.

If RSI continues to 70 years old, SPX price There may be more room for rise, but it may also be easy to cause callback. However, if the RSI is stable near this level, it may indicate that the continuous rise of the upsurge may continue, so that the upward trend will continue.

Smart currency record SPX $ 35,000 net current

In the past 24 hours, two wise currency addresses have accumulated SPXOne purchase $ 3,104, and the other purchase $ 52,287. At the same time, another smart currency address sold a $ 20,295 SPX.

Tracking these wallets is important because smart currencies refer to institutions or high net worth businessmen with a history of profit action. Their sale and selling activities can provide insights on market sentiment and potential price direction because they often take action before more extensive retailers.

The recent inflow of intelligent funds shows that as the total purchase volume exceeds sales, interest in SPX has increased. When a wallet uninstalled the SPX, a large accumulation signal indicates the confidence of key participants.

If this trend continues, it may indicate that demand is increased and supports SPX price appreciate. However, if sales pressure increases in smart currency wallets, this may indicate emotional changes and may cause reversal.

SPX price prediction: Will it quickly test $ 1.5?

SPX price The chart shows that its EMA cable is standing on the edge of the formation of a gold cross, which is a bullish signal that can enhance upward momentum. If this kind of cross occurs, SPX can test resistance at $ 1.55, and breakthroughs exceeding this level may push the price to $ 1.8.

The golden cross usually indicates that the trend has changed, which enhances the confidence of the buyer and attracts more interest. The next few meetings are crucial to determine whether the SPX price can maintain its recent income and continue its rising trajectory.

However, if the current speculation gradually disappears and the purchase pressure weakens, the price of SPX may reverse its trend and test support, $ 1.23.

Resting below this level may accelerate sales and may reduce the price to $ 0.96. If this happens, SPX may lose top level Coin Go to FARTCOIN, FLOKI and WIF.