We take a different route from others, avoiding automated methods as they often lead to incorrect predictions. Accurately predicting the price of a cryptocurrency involves considering a variety of factors.

That’s why our team of Cryptonary analysts thoroughly research each cryptocurrency, offering you a well-detailed price prediction based on technical analysis. This helps you make better-informed decisions for maximising your profits. Our predictions rely on solid technical analysis rather than general opinions or market sentiment. Additionally, we provide services like:

• Market updates: Shared several times a week, focusing on key macroeconomic indicators.
• Market directions: Insights into current market conditions and trends.
• On-demand analysis: Tailored analysis of specific coins, provided on request.

Our team has successfully forecasted impressive gains for coins like Dogwifhat, Popcat, and SPX when their prices were as low as $0.005, $0.003, and $0.01, respectively. Fast forward to 9th December 2024, Dogwifhat is valued at $3.34, Popcat at $1.32, and SPX at $0.6441. Investors who followed our guidance at the start have seen significant returns.

Now, let’s dive into our SPX6900 (SPX) price prediction.

SPX6900 continues bearish trend, Key levels to watch

04 April 2025

---

As SPX6900 tests resistance at $0.52, traders are watching for a potential breakdown. Let’s explore the technical setup, with downside targets and key resistance levels to monitor in the near term.

Technical analysis & market mechanics

• Price exhausted at $0.6436, failing to reach our upper sell zone between $0.82-$0.99.
• Local resistance sits at $0.52
• Local support is defined at $0.45.
• Short interest zones are at $0.65, $0.74, and $0.82 - only levels where we'd consider shorting.
• Despite that, the current move looks vulnerable and is expected to extend lower into $0.36-$0.30 over the coming days.
• RSI is in neutral territory, with room to move higher before triggering any short setups.
• Immediate direction remains down; short setup only becomes valid if price retests upper resistance zones.

• Next Support: $0.4550
• Next Resistance: $0.5200
• Direction: Bearish
• Upside Target: $0.6500
• Downside Target: $0.3000

Cryptonary's take

SPX6900 is a far-end risk curve asset - illiquid, highly volatile, and capable of explosive upside moves. But with risk appetite fading, the bias here is clear: we expect SPX6900 to trade lower into the $0.36-$0.30 region in the short term.

Only if the price bounces back into the $0.65-$0.82 region will we look to engage on the short side. Until then, this is a high-beta name that requires patience - not a market to chase early. Let the lower levels get tagged first, then we act.

---

Will SPX hold $0.56 support?

26 February 2025

---

SPX is approaching a critical level, with price action signalling potential downside risks. As volume declines and resistance holds strong, will support break, or can buyers step in? Let’s dive into the latest market developments.

• Really interesting setup, this is moving closer to the crunch point.
• SPX has held the $0.56 level for a long time now. This is likely the 'line-in-the-sand' level. If the price loses this support, we'd expect a much deeper correction to be likely.
• The price did attempt to break out of the main downtrend line, however, the price was pretty immediately rejected at the horizontal level of $0.76. Price has since pulled back and it's now at the horizontal support of $0.56.
• Generally, volumes are declining as well, which is a negative sign.
• If $0.56 is lost as a major support, it's possible that over the following weeks, that price can move back to $0.24.
• If the price can bounce from $0.56 (we're not expecting it to), then $0.76 is likely to be a local top again, where we expect the price to be rejected from there.

• Next Support: $0.56
• Next Resistance: $0.76
• Direction: Bearish
• Upside Target: $0.76
• Downside Target: $0.24

Cryptonary's take

SPX doesn't look great here. In the coming days/week, we wouldn't be surprised to see SPX break below its main horizontal support of $0.56. This would be a break in structure and it would be hard to be bullish on SPX after that.

We believe we were very right in our calls to de-risk SPX well above $1.00. In the short term, we think a breakdown is the most likely outcome.

---

SPX holding firm at $0.56 support

20 February 2025

---

SPX remains stronger than most meme coins, testing resistance while others fight for support. With low volume and key breakout levels ahead, what’s next for SPX and the broader market? Let’s dive into the charts.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

• So far, SPX has done well to hold the $0.56 level and the price has bounced twice from there.
• Price is now moving into the horizontal resistance of $0.76 and the main downtrend line. It's possible that SPX might buck the trend (of memes) and break out to the upside here.
• However, we do note declining volumes, and that'll need to pick up to see a more sustained break most likely.
• If the price does break out, the key level we'll be watching is $0.92, but call it $0.90 to $1.00. If the price were to reach this level ($1b MCap), SPX would look attractive as a Short opportunity.

• Next Support: $0.56
• Next Resistance: $0.76 ($0.92)
• Direction: Neutral/Bullish
• Upside Target: $0.92
• Downside Target: $0.56

Cryptonary's take

---

SPX battling resistance at $0.76

13 February 2025

---

SPX remains range-bound between $0.56 and $0.76, struggling to break higher. A decline in volume signals possible downside risk, with a potential retest of $0.56 or even $0.20.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX remains in its longer-term downtrend, like most memes.
• Currently, the rice is butting up into the horizontal resistance of $0.76, and the price is rejecting from there (so far). Beyond $0.76, the next major horizontal resistance is at $0.92.
• $0.56 remains the key level of support that the price will need to hold above.
• A break below $0.56, would potentially see SPX revisit $0.20.
• We're keeping tabs on the volumes, a declining volume usually sees the price move lower.

• Next Support: $0.56
• Next Resistance: $0.76 (then $0.92)
• Direction: Neutral/Bearish
• Upside Target: $0.92
• Downside Target: $0.56

Cryptonary's take

Price is now meaningfully below the levels it was at when we suggested de-risking from SPX a few weeks back.

SPX is now range bound between $0.56 and $0.76. If the price can break out of $0.76 (we're not sure we expect it to), then a move into $0.92, would potentially set up a really attractive opportunity to Short. We would also, of course, suggest de-risking into both $0.76 and $0.92 (assuming it reaches $0.92).

---

SPX eyes a $1.60 breakout soon

31 January 2025

---

SPX remains range-bound between $1.00 and $1.60, with declining volume a concern. A pullback to $1.20 is possible before a breakout attempt. Market sentiment remains neutral as traders await the next move.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX has performed well in that many other coins have had sizeable pullbacks, where SPX has held between $1.00 and $1.60.
• Price has bounced from the lows and the horizontal support of $1.00, and it's now breaching the downtrend line.
• It's possible we see SPX pull back, find some support at $1.20, and then have a more substantial breakout from there.
• The main horizontal resistance will be at $1.55.
• In terms of support, $1.00 to $1.20 is a big zone of support for SPX.
• One thing we do note is the downtrending volumes. This is somewhat a cause for concern, but it may also mean the price can shove higher if the volumes really kick up and their bids.

• Next Support: $1.20 (then $1.00)
• Next Resistance: $1.60
• Direction: Neutral
• Upside Target: $1.60
• Downside Target: $1.00

Cryptonary's take

SPX has been surprisingly strong, particularly when you look at other Memes and other major memes. For price now, we'd like to see a retest of $1.20 and then a breakout higher from there. SPX is in middle territory here, and we're also seeing the downtrending volumes, so it's tricky to call price action here. In the short term, on SPX, we remain neutral rather than bullish or bearish.

---

SPX tests $1.20 after rejection

24 January 2025

---

SPX battles $1.20 support as volumes show positivity. $1.60 resistance remains a challenge, while BTC’s stability could decide the broader market’s fate. Can SPX recover? Let’s explore the latest technical insights.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• It's possible that in the very short term, SPX has double-topped. This is until it can find a new local support and put in a higher low.
• The price was rejected at $1.60 for the second time, and it was holding the $1.40 level briefly. We were hoping local support would be formed there that could then aid the price in breaking out to new all-time highs, but not this time.
• The next local support is at $1.20, so we'll be looking there for bids to come back in again.
• To the upside, $1.60 is the key level to break above.
• We still don't think we will see sub $1.00, at least anytime soon. And beyond that, we feel quite safe that we won't see a price break below $1.00 and move into $0.75.
• We also note that in the last few days, volumes have been positive, which is good to see.

• Next Support: $1.20Next Resistance: $1.60
• Direction: NeutralUpside Target: $1.60
• Downside Target: $1.00

Cryptonary's take

Despite the rejection from $1.60, SPX is still holding up well. In the short term, we'd like to see $1.20 held as new support and, therefore, put in that higher low for SPX. It's possible the market continues to be whip-sawed by BTC, but even in this previously, SPX has seemingly held up well, so that's another positive to take.

In the short term, we're essentially looking for SPX to hold the $1.20 area and bounce convincingly from there.

---

SPX bounces from $0.90 to $1.50

21 January 2025

---

SPX shows strength, bouncing from $0.90 to $1.50 and holding $1.20 support. A breakout above $1.60 is expected, driven by solid volume.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• A really nice bounce from the lows at $0.90 and back to all-time highs really swiftly.
• The price was rejected into the all-time highs, but we've seen the $ 1.20s now provide support.
• Another positive is that the volume has been good, and this is likely one of the main reasons why we've seen positive price action.
• If the price can hold at this higher range between $1.30 and $1.60, this likely sets up a breakout to the upside in the coming days/weeks.
• The cause for concern would be if the price breaks below $1.00. That would confirm this as a double top. However, we don't see this as happening/likely.

• Next Support: $1.00
• Next Resistance: $1.60
• Direction: Bullish
• Upside Target: $2.00
• Downside Target: $1.00

Cryptonary's take

Overall, this has really shown phenomenal strength in a wider market that has seemingly struggled. If SPX can hold the lows/be bought into at the lows, then we expect a breakout of $1.60 to come in the near term. This may be days, it might be a week or so.

But overall, we've seen strength here. The bounce from $1.00 and straight back to $1.50 was crazy. PS - We'd be very surprised to see $1.00 broke, let alone the Yellow Box be touched. Deleting Yellow Buy Box as we speak.

---

SPX bounces 36% off $1.00

17 January 2025

---

SPX rebounds 36% from $1.00 support, now testing $1.60 resistance. BTC, ETH, and SOL maintain critical levels, while Trump’s upcoming policies may shape the crypto landscape.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX pulled back and tested the $1.00 zone as new support and bounced perfectly from that area, now up 36%.
• TA-wise, there are no bundles to do. The levels of support are at $1.00 and then $0.75, but these are a long way off price now.
• So, what we're looking for here is if SPX puts in a new high or a lower high. Of course, the next main resistance is the prior all-time high at $1.60.
• What's somewhat strange is that this move-up has come with low volume. Which usually isn't great, but it's not uncommon for SPX to pull that kind of move.

• Next Support: $1.00
• Next Resistance: $1.60
• Direction: Neutral
• Upside Target: $1.69
• Downside Target: $1.00

Cryptonary's take

Congrats to those who held all of their positions. SPX has rebounded even more strongly than some of the believers might have thought. The key over the coming week will be if price can put in new highs or not and that may be down to Trump on Monday. That's the watch here, new highs or lower highs, and that'll determine the next set of TAs.

---

SPX tests $0.90, eyes $1.10

13 January 2025

---

SPX retraced from $1.60 to $0.93, testing prior highs as support. The main buying zone lies between $0.59 and $0.72, with a potential bounce to $1.10.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• The last week's price action hasn't been ideal, although we did expect a pullback from the $ 1.60s which we called for in our last Market Direction.
• Price has now pulled back to the prior all-time highs. This could potentially become a new level of support, considering this was an old resistance level. Beneath prior highs (where we are currently at $0.93, say), there is a lot of support, with a big cluster between
• $0.72 and $0.75, although we wouldn't be surprised to see the price have a small bounce from $0.90.
• The buying area we have identified is sub $0.72 if we get it. This is between $0.59 and $0.72.

• Next Support: $0.90
• Next Resistance: $1.10
• Direction: Neutral
• Upside Target: $1.10
• Downside Target: $0.75

Cryptonary's take

Yes, this is down a fair amount in the last week, but if you were heavily positioned in SPX, you've avoided a lot of the pain in the market that we've seen over the last 6-8 weeks, so I certainly wouldn't see this as a bad thing. Ultimately, $0.93 is still mega, and it's a price that's mostly above all of 2024's pricing.

In the short term, it's possible we will see a bounce in SPX from $0.90, maybe retesting to $1.10. But if $0.90 breaks, the main support zone will be $0.72 to $0.75.

---

SPX support holds at $1.30

06 January 2025

---

SPX surged 100% in 10 days, nearing $1.69 resistance after breaking $0.75. With volume increasing, a pullback to $1.30 might precede further gains.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Firstly, congratulations all.
• Overall, it's just what a chart, and one we've essentially called perfectly.
• This is a move we expected, and upon the breakout of $0.75, we suggested that all the higher targets were then much more achievable. We've now got all of that and burst even higher.
• Price is overbought here in the short term, so at some point, there's likely to be a pullback. Predicting where that is is tricky. However, with the price having doubled in 10 days, it may be close to the $1.60 - $1.70 area. Again, short-term.
• What's also been really impressive is the volume increase; this is crucial for a convincing breakout, and it's exactly what we got.
• In terms of looking for support, it's currently very difficult. However, the $1.30 area stands out to us. But we'll reassess as and when we get a pullback.

• Next Support: $1.30
• Next Resistance: $1.69
• Direction: Neutral
• Upside Target: $1.69
• Downside Target: $1.30

Cryptonary's take

SPX has had a phenomenal run over the past few weeks, particularly in the last week. We do expect a pullback at some point soon, considering how strong the run has been. But that doesn't mean selling your bags; it's just natural to get higher after pulling such a massive move. We're not confident as to when this pullback will come, and it's important to state that. Congratulations to all those who have held SPX.

---

SPX pushes above the $0.90 resistance

31 December 2024

---

SPX pushes past $0.90 resistance and holds $0.75 as strong support. A breakout to $1.00 appears likely as bullish momentum builds.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX has managed to break out of the previous resistance zone between $0.72 and $0.75.
• Price has now pushed into the $0.90 area, which was just shy of prior all-time highs.
• There is a small resistance zone between $0.87 and $0.91 that the price will need to break out of.
• If the price does pull back, we'd expect $0.72 to $0.75 to be a new major support for price. We'd be very surprised if the price broke back below this level.

• Next Support: $0.75
• Next Resistance: $1.00
• Direction: Bullish
• Upside Target: $1.00
• Downside Target: $0.75

Cryptonary's take

Overall, the chart looks great here. It looks likely that SPX can break to the upside, get above $0.91 and then push onto the all-time highs and the $1.00 mark in the short term. It's possible that SPX might need the rest of the market to break higher also to help give it momentum, but charting and structure-wise, SPX looks good here.

---

SPX aims for $1.00 soon

16 December 2024

---

As SPX breaks through key resistance levels, bullish momentum builds in the crypto market. Let's dive into SPX's impressive breakout and explore what might be next.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• This chart looks mega, which is probably one of the best ones out there. And, before you ask, no, I am not personally (Tom) positioned. And I'm not sure why.
• SPX has cleanly broken above its main red downtrend line, and whilst it has found resistance to the horizontal levels of $0.72 to $0.75, the price is now seemingly above those levels and is looking to push considerably higher.
• We're expecting the price to push on to $0.90 and $1.00 in the coming 1-2 weeks.
• In terms of support, we wouldn't want the price to lose the $0.68 to $0.72 zone.

• Next Support: $0.68 to $0.72
• Next Resistance: $0.90 (then $1.00)
• Direction: Bullish
• Upside Target: $1.00
• Downside Target: $0.68

Cryptonary's take

There's no need to continue rambling on much more here. Simply put, this chart looks great and looks programmed for further upside in the short term. We expect $0.90 to $1.00 quite soon.

---

SPX gains momentum toward $1.00

11 December 2024

---

SPX breaks out of its downtrend line and targets $0.90 to $1.00. Support at $0.65-$0.72 strengthens as volume picks up. What’s next for SPX6900?

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• The SPX chart is playing out as we predicted and it now looks really positive.
• Price has cleanly broken out of the main downtrend line, but it is now butting into the main horizontal resistance zone between $0.72 and $0.75.
• We're expecting a breakout for SPX imminently with a swiftly achieved short-term target of $0.90.
• To the downside, from here and in the short-term, we'd expect $0.65 to $0.72 to hold as support for price.
• We also noticed in the last few days, volumes have picked up slightly, which is a positive development.

---

• Next Support: $0.65
• Next Resistance: $0.75 
• Direction: Bullish
• Upside Target: $0.90 (then $1.00)
• Downside Target: $0.65

Cryptonary's take

Simply put, SPX looks set for higher here. It's a coin that we called perfectly on the mega move higher, then for the check back into the $0.45 to $0.50, and now for the breakout higher. We're expecting $0.90 to $1.00 to be achieved in the coming week.

---

SPX targets $0.90 after $0.75

06 December 2024

---

SPX rebounded from $0.59 support, battling resistance at $0.75. A breakout could push prices toward $0.90, while $0.57-$0.59 remains critical support for a downside.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX bounced from the main horizontal support at $0.59, and the price has now moved into the next major horizontal resistance at $0.72.
• Price is also battling at the main downtrend line and looking for a breakout of that level.
• The $0.75 area is tricky for the rice to overcome due to the downtrend line resistance and the horizontal resistance, but the price action looks positive so far.
• If the price does break down, we would expect the $0.57 to $0.59 level to hold as a strong support zone for the price.

• Next Support: $0.59
• Next Resistance: $0.75
• Direction: Neutral/Bullish
• Upside Target: $0.75 (then $0.90)
• Downside Target: $0.57 - $0.59

Cryptonary's take

Chart-wise, SPX looks positive here, particularly considering that it's battling at a number of resistances, but the price is holding up well. If the price can break out and retest $0.75, this would set up a move to test into the $0.90 level. Let's see how the price reacts/holds up over the weekend.

---

The downtrend line blocks SPX at $0.75

04 December 2024

---

As SPX consolidates between critical support and resistance, technical indicators suggest a potential breakout. Let’s dive into SPX’s price action and what could come next.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX is looking interesting from a TA perspective here.
• The key zone of support for SPX is between $0.57 and $0.60, the price of which is now above, and the price also used this level as support on the first pullback.
• The resistance area for the price is between $0.72 and $0.75, but the price is now also contending with the main downtrend line as a resistance.
• If the price can clear above the main red downtrend line and the horizontal resistance of $0.75, then a retest of the highs is likely on the cards following that more major breakout.
• Volumes were downtrending. However, they have now stabilised, so that's positive.

• Next Support: $0.60
• Next Resistance: $0.75
• Direction: Neutral
• Upside Target: $0.75 (then $1.00)
• Downside Target: $0.57

Cryptonary's take

Like most major memes here, the price is range-bound between two key levels/zones of support and resistance. We fully expect the memes to break out meaningfully to the upside, but we expect that this may take more time. Therefore, in the immediate term, we're expecting a continuation of the price being range-bound. We expect $0.60 will be supported in the short-term for SPX, and then we'd like to see a turn and a break out to the upside above the main downtrend line.

---

SPX’s 50% bounce highlights $0.75

29 November 2024

---

SPX consolidates above $0.60 after a strong 50% rally, targeting $0.75 resistance. Holding this level could signal a new uptrend.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• A great bounce from the lows and exactly what we were looking for and called for.
• Price found support between $0.45 and $0.50 as we had predicted, and once $0.50 was reclaimed, price broke out to the upside.
• The price then moved into the $ 0.70s, but it has since pulled back. This is to be expected after a 50% move to the upside.
• To the upside, $0.75 is the key horizontal level to reclaim.
• We're now looking to see SPX hold above $0.60 (a prior horizontal resistance), hopefully now flipped into new support.

• Next Support: $0.60
• Next Resistance: $0.75
• Direction: Bullish
• Upside Target: $0.75
• Downside Target: $0.60

Cryptonary's take

It was a really positive move by SPX, and now, 2 months on from the major run-up, we've probably seen large holders taking some profits, and that is now potentially behind us.

We're now looking for SPX to consolidate this move high, preferably above the $0.60 area, and we think we can see that. If SPX can do that, then we can potentially see the start of a new and sustained uptrend.

---

SPX targets $0.60 resistance

26 November 2024

---

SPX is in a crucial zone, testing support at $0.45 while battling resistance near $0.55. A potential double bottom could lead to a breakout. Let’s dive into SPX’s next move.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• In the majority, SPX has continued its downtrend and has been unable to breach the above resistance areas.
• The main resistance on the local timeframes is the $0.55 to $0.60 area.
• SPX is now in the zone that it has used as prior support between $0.45 and $0.50.
• One concern here is the continuation of declining volumes.
• If SPX can reclaim $0.50, this may help fuel a retest of $0.60, but it's pivotal that the price can get back above the recent local resistance of $0.55.
• Price has formed what looks to be a double bottom at $0.45, so this may help fuel a move higher in the short term.

• Next Support: $0.45
• Next Resistance: $0.60
• Direction: Neutral
• Upside Target: $0.60
• Downside Target: $0.40

Cryptonary's take

Following a massive move higher, it's not too surprising to see profits being booked by larger holders, which may have impacted the price action here over the last few weeks.

However, we're now likely close to the end of that, and it looks as if the price is double-bottoming here, so this may be a good area to begin building a position if you're underexposed. We're expecting continued chop, but with a chance, SPX will try for a breakout in the coming week.

---

Can SPX break free from its downtrend?

22 November 2024

---

SPX struggles to reclaim highs, consolidating near $0.49. Can it break out of its downtrend and surpass $0.65? Explore the latest SPX analysis here.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX has continued in its downtrend, respecting its main downtrend line.
• SPX did manage to find support around the $0.45 level, as we expected it might. Price has bounced and struggled to reclaim above its prior high.
• We expect $0.40 to $0.49 will continue to act as a support zone for price. If this zone is lost, we'd expect a more substantial downside as traders capitulate on their positions. However, we're expecting it to hold.
• To the upside, $0.65 is the key level to reclaim, although it is currently a long way off.
• We also note that volumes are generally downtrending, which isn't usually a positive sign.

• Next Support: $0.40
• Next Resistance: $0.65
• Direction: Neutral
• Upside Target: $0.65
• Downside Target: $0.40

Cryptonary's take

It's important that SPX begins to hammer out a base at this lower level and make a more meaningful breakout. For those holding Spot positions, this isn't an attractive area to consider sales. SPX needs to show some strength and begin a major breakout of the downtrend line.

A crossing above $0.65 would be that. In the short term, we're expecting more chop, where we're looking for SPX to hammer out that base and, therefore, provide it with a floor to break out from and push on to $0.65.

---

SPX eyes recovery after testing $0.40 zone

19 November 2024

---

As the memecoin market cools, SPX tumbles to new lows. With $0.40-$0.49 support in sight, let’s analyze where SPX could head next.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Key horizontal levels were lost, and SPX has continued its downtrend.
• Price is now beneath the $0.49 horizontal support with the $0.40 support in sight.
• This downtrend has been quite strong, but this is becoming overextended to the downside here. We'd expect a bottom either here or close to $0.40, assuming this level gets tested. We're not ultra-confident. It does get tested.
• The key levels for the price to reclaim to the upside are $0.49 and then $0.65.

Cryptonary's take

This move lower was to be expected. 6 weeks ago, we had max hype around this coin, having run 100x. Early buyers would have been making major profits, so there's always going to be that element of locking profits in. You then also need much larger capital to come in to keep prices high.

However, the downtrend has been extreme, although it is typical of memes (WIF, POP included), so it's possible SPX may be reaching or potentially close to a bottom. We're thinking $0.40 to $0.49 is the bottoming area. For those looking to pick up a new position in SPX, between $0.40 and $0.49 is possibly a good area to do so.

---

Will $0.50 support hold for SPX?

15 November 2024

---

SPX continues its downtrend, losing $0.75 and $0.65 support levels. Buyers may step in around $0.50-$0.55. Will $SPX stabilize, or is more downside ahead?

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX broke below its main uptrend line, and now it's had a trend continuation with its downtrend.
• Unfortunately, the support levels of $0.75 and then $0.65 were both lost. However, the $0.50 to $0.60 area has been a good area of support now, each time it's been tested.
• We can notice that there was increased volume over the last few days. However, this hasn't helped the price run more considerably to the upside, and the price is back down close to its low.
• It's possible that if the price visits $0.50 to $0.55 (a deviation below the lows), we might see bidders step in at those levels.

• Next Support: $0.50 - $0.55
• Next Resistance: $0.65
• Direction: Neutral/Bearish
• Upside Target: $0.75 
• Downside Target: $0.50

Cryptonary's take

Charting-wise, it doesn't look great here. We've had other memes run more and hold up at higher price ranges (WIF, POPCAT), but SPX is back close to its lows. However, it's possible the area beneath the lows (so $0.50 to $0.55) might see longer-term bidders step in, as that's where the volume came in 48 hours ago. For those holding SPX as a company (Cryptonary), we believe in it as a long-term play, so for that reason, we're not looking to sell Spot bags here.

---

SPX faces resistance at $0.75

12 November 2024

---

SPX’s recent pullback signals possible consolidation at $0.65 support, with BTC and SOL also near key levels. Let’s examine the technical outlook for these crucial assets.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX has broken below its main uptrend line and back beneath the $0.75 horizontal support.
• However, price is now attempting to bounce from the $0.65 area, although it may find that $0.75 horizontal level and the underside of the main uptrend line, may act as new resistance.
• Beneath current price, the support is at $0.65 and then $0.55. If $0.65 is broken, it's possible we see a revisit to the $0.50 to $0.55 area.
• Volume did pick up over the last 48 hours. However, it was selling rather than buying volume.

• Next Support: $0.65
• Next Resistance: $0.75
• Direction: Neutral
• Upside Target: $0.75
• Downside Target: $0.55

Cryptonary's take

SPX is still at a relatively high level, and it has now had a number of pullbacks where it's able to find support. Unfortunately, SPX is beneath its horizontal level of $0.75 (likely now new resistance), and it's also out of its main uptrend.

If SPX can reclaim both, then expect a swift revisit back to the highs of $0.94. However, this may be tricky as there are a number of resistance overheads.

---

SPX price nears critical $0.94 resistance level

07 November 2024

---

SPX’s range-bound action between $0.75 and $0.94 aligns with BTC’s current levels. Dive into the latest market analysis.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• SPX was able to bounce from a really crucial level at the main uptrend line.
• Price has since broken out of the local downtrend and moved in to the main horizontal resistance at $0.94, where price has seemingly rejected... so far.
• There is a local support at the current price at $0.84, and beneath this, the main support is at $0.75.
• If the price breaks above the $0.94 level, the price will be in price discovery, and $1.20 is a potential target.

• Next Support: $0.84
• Next Resistance: $0.94
• Direction: Neutral/Bullish
• Upside Target: $0.94
• Downside Target: $0.75

Cryptonary's take

SPX is in a range here between $0.75 and $0.94, with $0.84 as a mid-point. If BTC can breakout then we'd expect SPX to do the same and breakout of $0.94.

However, in the coming days, we're expecting more range-bound price action. However, if $0.84 holds and BTC breaks out, then the SPX break out could be imminent.

---

Election decides SPX move above $0.75

04 November 2024

---

As SPX squeezes between $0.65 support and $0.75 resistance, the market eagerly awaits the election results. Will the outcome push SPX higher or trigger a pullback? Let’s explore SPX’s current setup and potential moves.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• The price has doubled, just shy of the $1.00 area, and has pulled back more substantially now.
• The price continues its downtrend, with the price now below the $0.75 horizontal support, and the main uptrend line is being tested.
• The main uptrend line has convergence with the horizontal level of $0.65. If these levels are broken to the downside, the price likely swiftly revisit $0.50.
• To the upside, $0.75 is the area to reclaim.
• We continue to note declining volumes here.

• Next Support: $0.65
• Next Resistance: $0.75
• Direction: Neutral
• Upside Target: $0.90
• Downside Target: $0.50

Cryptonary's take

SPX is in a crucial area here, to be honest. Price is squeezing into the pinpoint between the local downtrend line and the main uptrend line. Price likely breaks in the direction of the election winner; if Trump wins, price breaks up. Harris wins, price breaks down. Price is now tight between two key levels, $0.65 and $0.75. The election outcome tomorrow is likely pivotal for short-term price direction.

---

SPX6900 testing $0.75 to $0.95 range

28 October 2024

---

SPX6900 shows strong support at $0.75 with an eye on $0.95 resistance. BTC’s performance could shape the next move for SPX’s breakout potential.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Price revisited the Yellow Buy Box but it wasn't there for long. Price has since had a really nice bounce and ground higher.
• Price has found support above $0.75 and used that horizontal level a number of times now as support, and the price has responded which is great to see.
• Beneath $0.75, $0.65 to $0.68 is likely the level.
• Now, to the upside, $0.90 and then $0.95 are the levels. Beyond that, $1.00 is a psychological level. But, if the price can get above that level and settle there, that would be extremely positive.
• One aspect that might worry us here is that the volumes are becoming lighter, but that is also somewhat to be expected.

• Next Support: $0.75
• Next Resistance: $0.95
• Direction: Neutral
• Upside Target: $0.95
• Downside Target: $0.75

Cryptonary's take

A really nice grind higher from SPX over the last week, and if BTC can break out, then that might be the push that SPX needs to break out above its all-time highs. However, if not, then SPX might revisit the $0.68 to $0.75 area.

Currently, I (Tom) am not sure about the price direction, as I think these next moves are probably more based on what BTC does, with BTC being towards the top of its range and needing a break out to likely give that oxygen to the rest of the space to also break out.

---

Will SPX6900 (SPX) hit $0.95 or drop?

28 October 2024

---

SPX6900 shows strong support at $0.75 with an eye on $0.95 resistance. BTC’s performance could shape the next move for SPX’s breakout potential.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Price revisited the Yellow Buy Box but it wasn't there for long. Price has since had a really nice bounce and ground higher.
• Price has found support above $0.75 and used that horizontal level a number of times now as support, and the price has responded which is great to see.
• Beneath $0.75, $0.65 to $0.68 is likely the level.
• Now, to the upside, $0.90 and then $0.95 are the levels. Beyond that, $1.00 is a psychological level. But, if the price can get above that level and settle there, that would be extremely positive.
• One aspect that might worry us here is that the volumes are becoming lighter, but that is also somewhat to be expected.

• Next Support: $0.75
• Next Resistance: $0.95
• Direction: Neutral
• Upside Target: $0.95
• Downside Target: $0.75

Cryptonary's take

A really nice grind higher from SPX over the last week, and if BTC can break out, then that might be the push that SPX needs to break out above its all-time highs. However, if not, then SPX might revisit the $0.68 to $0.75 area.

Currently, I (Tom) am not sure about the price direction, as I think these next moves are probably more based on what BTC does, with BTC being towards the top of its range and needing a break out to likely give that oxygen to the rest of the space to also break out.

---

Will SPX6900 (SPX) reclaim the $0.75 resistance now?

22 October 2024

---

SPX6900 faces key levels with $0.58 as support and $0.75 as resistance. Will it rally or consolidate further? Explore the latest forecast and outlook.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Note that the SPX chart is in a 4-hour timeframe view.
• Price broke out of the main downtrend line, which saw the price shoot up to close to $0.90.
• Price has since pulled back following a really nice bounce play and has now closed below the horizontal line of $0.75.
• Price seems to be comfortable in the range between $0.58 and $0.75, so we'd expect the price to be range-bound in this area over the coming days.
• To the upside, the price will need to reclaim $0.75, and then the main resistance is at $0.90.
• On the downside, $0.48 to $0.58 seems to be the range in which buyers step back.
• One thing we do take note of is the down-trending volumes. However, this is to be expected as the top amount of hype is potentially past us in the short term.

• Next Support: $0.58
• Next Resistance: $0.75
• Direction: Neutral/Bearish
• Upside Target: $0.90
• Downside Target: $0.48

Cryptonary's take

Price action has been crazy and it's a very volatile play, which in memes we like. For now, pthe rice looks somewhat bearish, and we'd expect $0.48 to $0.55 to be retested again at some point in the coming weeks (sorry guys).

For those that are in Spot positions, we'd suggest remaining in Spot and riding out the coming weeks, we'll reassess again in the next market Direction.

---

SPX6900 consolidates between $0.58-$0.75

22 October 2024

---

SPX6900 faces key levels with $0.58 as support and $0.75 as resistance. Will it rally or consolidate further? Explore the latest forecast and outlook.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Note that the SPX chart is in a 4-hour timeframe view.
• Price broke out of the main downtrend line, which saw the price shoot up to close to $0.90.
• Price has since pulled back following a really nice bounce play and has now closed below the horizontal line of $0.75.
• Price seems to be comfortable in the range between $0.58 and $0.75, so we'd expect the price to be range-bound in this area over the coming days.
• To the upside, the price will need to reclaim $0.75, and then the main resistance is at $0.90.
• On the downside, $0.48 to $0.58 seems to be the range in which buyers step back.
• One thing we do take note of is the down-trending volumes. However, this is to be expected as the top amount of hype is potentially past us in the short term.

• Next Support: $0.58
• Next Resistance: $0.75
• Direction: Neutral/Bearish
• Upside Target: $0.90
• Downside Target: $0.48

Cryptonary's take

Price action has been crazy and it's a very volatile play, which in memes we like. For now, pthe rice looks somewhat bearish, and we'd expect $0.48 to $0.55 to be retested again at some point in the coming weeks (sorry guys).

For those that are in Spot positions, we'd suggest remaining in Spot and riding out the coming weeks, we'll reassess again in the next market Direction.

---

Can SPX clear the $0.76 resistance?

18 October 2024

---

SPX tests $0.76 resistance today. Will it break out or fall back to support between $0.48 and $0.55? Explore today’s SPX price prediction and analysis.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Note this is a 4-hour timeframe chart.
• Charting-wise, SPX is really clean, we can clearly see how it respects trend lines in terms of support and resistance.
• Price broke down from the bearish pennant and continued its downtrend until it filled our Yellow Buy box. Unfortunately ,the fill was a super quick move so it was very difficult to buy.
• Price has now been rejected off the underside of the uptrend line and the horizontal level of $0.76. $0.76 is the resistance level price that needs to clear above.
• On the downside, the supports are hard to work out, but the obvious level is the range between $0.41 to $0.55. Although, it's arguably higher, between $0.48 and $0.55.
• We do note volumes are downtrending.

• Next Support: $0.48 - $0.55
• Next Resistance: $0.76
• Direction: Neutral/Bearish
• Upside Target: $0.76
• Downside Target: $0.55

Cryptonary's take

Some of you guys will dislike me and call me a "sideliner," but SPX looks most likely to revisit the Yellow box or at least be close to that area. If you're under-positioned or have no position, we'd add between $0.40 and $0.55.

A break above $0.76 would invalidate our short-term these and would likely see the price run back to all-time highs.

---

Can SPX break past $1.20 soon?

14 October 2024

---

SPX is setting up for a potential breakout to $1.10-$1.20, but it faces resistance at $1.00. Will it hold support at $0.70? Here’s today’s price analysis.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

• Note this is a 4-hour timeframe chart.
• SPX is setting up the same pattern as what we reported at the back end of last week, and then we saw the price break higher. Perfectly called.
• Price is now forming that pattern, a bullish pennant that has a bullish bias. Break-out targets would be $1.10 to $1.20. However, the $1b MCap level will be a key psychological level to pass.
• To the downside, the mid $0.70's would be supported. It's possible that if the price does pull back more substantially, this area is strongly embedded.
• We are seeing declining volumes which may indicate that momentum is at the beginning stages of fading in the short-term for SPX.

• Next Support: $0.70
• Next Resistance: $1.00
• Direction: Neutral/Bullish
• Upside Target: $1.10 - $1.20
• Downside Target: $0.70

Cryptonary's take

It's possible that SPX has a more meaningful correction at some point, but so far, the move has been phenomenally strong, with 20-30% corrections swiftly bought up. If we're right and the market is moving into a more bullish regime, then we'd expect a continuation of these more shallow pullbacks. If the price can break out of the pennant, then SPX could be well north of a $1b MCap before the weekend is here. Overall, it's a super hard one to call here, though.

---

Will SPX hit $0.70 or pull back?

11 October 2024

---

SPX6900 is in a bullish pennant, targeting $0.70 as the upside. Will it break out or pull back to $0.40 today? Here's the latest price prediction and analysis.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

---

What. A. Move.

Note, we're assessing SPX here on a 4-hour timeframe chart just to give us more candle stick information.

• SPX is in a major uptrend and is now forming a bullish pennant pattern. If the price were to break out, the upside target would be a retest of the all-time highs.
• On the downside, we have support at $0.40 and $0.48. However, if SPX does go through a major pullback at some point (like most memes do), then it's possible we will see lower.

• Next Support: $0.40
• Next Resistance: $0.69
• Direction: Neutral/Bullish
• Upside Target: $0.70 (short-term)
• Downside Target: $0.40

Cryptonary's take

Just an unbelievable run, in my Crypto career so far, I haven't seen many things run like this. Crazy. It's possible that SPX has a major pullback at some point, however, it's currently set up in a bullish pennant that could see the price break to the upside and potentially retest all-time highs. Let's see what we get.

---