A cryptocurrency analyst made a very optimistic prediction for cryptocurrency SPX6900. Although the price has found a certain resistance, the analyst has solid arguments to predict an upcoming increase.
SPX6900 could reach $ 2.10
Solacoin Solana SPX6900 ha had good performances In recent weeks. According to Bluntz Cryptocurrency Analyst, it is only the beginning and the real climb is still to come. Bluntz predict A new price record of $ 2.10 for even.
Perfect $ spx Pollback here after testing ATH before for the first time, the next test explodes to the OMI, still one of the best graphics> 1billy McAp IMO. pic.twitter.com/jkfoxa6xrz
– Bluntz (@bluntz_capital) June 18, 2025
The analyst bases his prediction on the theory of Elliott Wave, which begins from the base that the market always moves in predictable and recurring phases. As Bluntz indicates in its graph, the SPX has just passed through a conventional correction, marked by A, by c. According to theory, this is a price in an omen.
8 -SE PRICE GRAPHIC OF THE SPX / USD. Source: Bluntz via X.
According to Elliott Wave’s theory, the price movements at points A, BYC would be part of a phase, after which the next would start and the price would increase. In total, the theory identifies 5 waves, that is to say the phases.
The price of SPX6900 finds resistance
Since June 1, the price of SPX6900 has already increased by 40%, reaching $ 1.39 when writing this article. Last week, the price almost reached its current record, after which it dropped again. Over the past seven days, the price has dropped almost 14%.
Although Elliott Wave’s analysis is promising, the area of 1.50 to 1.75 dollars offers a lot of price resistance. In fact, the price has already formed two local peaks here previously and last week confirmed this level of resistance when it remains just below. In the coming days, we will see if the price can break this barrier and respond to Bluntz’s prediction.
SPX6900 philosophy
SPX6900 is the same for the Ethereum network, which means that the value of the currency depends largely on certain trends in social networks and the feeling of the community. Samecoins has no real intrinsic value, unlike other cryptocurrencies such as Ethereum.
However, money transmits a solid philosophy. SPX6900 is inspired by the S&P 500 index, a stock market index. The organization behind SPX6900 claims to be a movement Against the traditional financial world and defends inclusion and accessibility.
“This is the stock market for people,” explains the organization.
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