SPX6900 is Trading -20.22% Below Our Price Prediction for Nov 08, 2024
SPX6900 is predicted to increase 30.42% in the next 5 days and hit a price target of $0.914766 per SPX. Check out today's SPX6900 price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- SPX6900 is down -3.18% today against the US Dollar
- SPX/BTC decreased by -4.16% today
- SPX/ETH decreased by -4.01% today
- SPX6900 is currently trading 20.22% below our prediction on Nov 08, 2024
- SPX6900 gained 194.29% in the last month and is up 4,921.86% since 1 year ago
SPX6900 price | $ 0.729772 |
SPX6900 prediction | $ 0.914766 (30.42%) |
Sentiment | Neutral |
Fear & Greed index | 69 (Greed) |
Key support levels | $ 0.756864, $ 0.735244, $ 0.707213 |
Key resistance levels | $ 0.806516, $ 0.834547, $ 0.856167 |
SPX price is expected to rise by 30.42% in the next 5 days according to our SPX6900 price prediction
SPX6900 price today is trading at $ 0.729772 after losing -3.18% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -0.21% in the same time period. SPX performed poorly against BTC today and recorded a -4.16% loss against the world’s largest cryptocurrency.
According to our SPX6900 price prediction, SPX is expected to reach a price of $ 0.914766 by Nov 08, 2024. This would represent a 30.42% price increase for SPX in the next 5 days.
SPX Price Prediction Chart
What has been going on with SPX6900 in the last 30 days
SPX6900 has been displaying a positive trend recently, as the coin gained 194.29% in the last 30-days. The medium-term trend for SPX6900 has been bullish, with SPX increasing by 4,961.31% in the last 3 months. The long-term picture for SPX6900 has been positive, as SPX is currently displaying a 4,921.86% 1-year price change. On this day last year, SPX was trading at $ 0.014532.
SPX6900 reached its all-time high price on Oct 29, 2024, when the price of SPX peaked at $ 0.978326. The current SPX cycle high is $ 0.734631, while the cycle low is at $ 0.673134. SPX has been displaying high volatility recently – the 1-month volatility of the coin is at 27.44. SPX6900 recorded 18 green days in the last 30 days.
SPX6900 technical analysis for today - Nov 04, 2024
The sentiment in the SPX6900 markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.756864, $ 0.735244 and $ 0.707213, while $ 0.806516, $ 0.834547 and $ 0.856167 are the key resistance levels.
Neutral sentiment for SPX6900
14 indicators are currently signaling a bullish prediction for SPX6900, while 12 indicators are showing a bearish forecast. With 54% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for SPX6900.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
SPX6900 moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how SPX6900 is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 0.768788 (SELL) | $ 0.764825 (SELL) | - | - |
MA5 | $ 0.859982 (SELL) | $ 0.744836 (SELL) | - | - |
MA10 | $ 0.804434 (SELL) | $ 0.686114 (BUY) | - | - |
MA21 | $ 0.716419 (BUY) | $ 0.538768 (BUY) | $ 0.603465 (BUY) | $ 0.217843 (BUY) |
MA50 | $ 0.423177 (BUY) | $ 0.325418 (BUY) | $ 0.249508 (BUY) | $ 0.098963 (BUY) |
MA100 | $ 0.218519 (BUY) | $ 0.193826 (BUY) | - | - |
MA200 | $ 0.114232 (BUY) | $ 0.109692 (BUY) | - | - |
Period | Value | Action |
RSI (14) | 56.78 | NEUTRAL |
Stoch RSI (14) | 77.69 | NEUTRAL |
Stochastic Fast (14) | 46.93 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 61.16 | SELL |
Awesome Oscillator (5, 34) | 0.23 | NEUTRAL |
Momentum (10) | 0.01 | BUY |
MACD (12, 26) | -0.02 | NEUTRAL |
Williams Percent Range (14) | -53.07 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 43.70 | NEUTRAL |
VWMA (10) | 0.83 | SELL |
Hull Moving Average (9) | 0.84 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.68 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for SPX6900 is at 56.78, suggesting that SPX is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of SPX6900 over the last 50 days. Currently, SPX6900 is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the SPX closing price for the last 200 days. SPX is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this SPX6900 prediction
After considering the above factors, we can conclude that the current forecast for SPX6900 price prediction is Neutral. SPX would have to increase by 30.42% to hit our $ 0.914766 target within the next five days. Moving forward, it will be important to monitor the SPX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term SPX6900 price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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