SPX6900 (SPX) is showing signs of strong recovery after a rocky start to the year. In January 2025, the coin plunged to $0.88 — a level not seen since 2021. That dip triggered alarm among traders, but it also set the stage for a powerful rebound. Now trading at $2.04, SPX has climbed 3.43% in just 24 hours.
Volume has taken a hit, dropping 37.42% to $62.74 million. Despite that, confidence is returning. Over the past week, SPX has posted a 3.24% gain. Technical traders are watching closely. The volume drop might hint at consolidation before a bigger move.
Bullish Momentum Building Fast
Popular crypto analyst CryptoPulse had called this move weeks ago. SPX touched $2, and that means a 35% gain since his prediction. He’s now pointing to a cup-and-handle breakout. That chart pattern often leads to sustained rallies.
The next price target? Between $2.5 and $2.6, which would be another 30% climb. That level could act as resistance, but if it breaks, SPX might rocket higher. Traders watching the breakout see signs of bullish momentum returning fast. The setup suggests SPX still has room to run.
SPX6900 Faces Divided Market Sentiment
Market analysts remain divided on SPX’s long-term trajectory. DigitalCoinPrice remains bullish. They see SPX6900 hitting $4.48 by year-end. Before that, it’s expected to break through the $2.14 resistance level, then climb toward $3.88. That would mark a full recovery and set a new all-time high.
Changelly’s prediction is radically different. In July 2025, they estimate SPX to reach just $0.0086 on average. Their best estimate is $0.0089, and the bottom remains $0.0067. Such low figures stand in drastic contrast to existing rates, and eyebrows are being raised in the cryptosphere.
With this collision of predictions, the trader must decide on which side to believe. The optimist argues based on current strength and chart formations. The bears are warning of a sharp drop to come. Either way, SPX6900 is at breaking point. Coming weeks will determine if this rally continues, or gets short-lived.
