SPX6900 (SPX) To Rise Further? Key Emerging Pattern Suggests Potential Upside Move
Date: Tue, June 24, 2025 | 05:26 AM GMT
The cryptocurrency market is bouncing back sharply as geopolitical tensions between Israel and Iran show signs of cooling. Ethereum (ETH) led the rally with a strong 7% surge, climbing back near the $2,400 level. Memecoins are also catching the bullish wave — and one of the top performers is SPX6900 (SPX).
SPX soared by an impressive 28% in the last 24 hours, and the technical chart is flashing a powerful bullish signal — a potential “Power of 3” pattern that could hint at much more upside to come.

Power of 3 Pattern in Play
On the 4-hour chart, SPX is shaping a textbook Power of 3 formation, a price behavior model often seen in smart money-driven markets. The pattern consists of three phases: Accumulation, Manipulation, and Expansion.
Accumulation Phase: Between June 8 and June 20, SPX moved sideways within a tight range between $1.31 and $1.71. This was the accumulation phase — where large players quietly built positions without drawing attention. The price showed low volatility and no clear direction, forming a clean rectangular zone on the chart.
Manipulation Phase: On June 20, SPX broke below the range support with a sharp fall to $0.92, shaking out retail holders through fear and triggering stop-losses. This “manipulation” move is a common feature of the Power of 3 pattern — designed to trap sellers before the real move begins.

Expansion Phase Next?
Right after hitting the lows, SPX bounced hard, reclaiming the key $1.31 level — the lower boundary of the original accumulation range. This bounce may mark the start of the Expansion Phase, where price moves strongly in the real intended direction: up.
What’s Next for SPX?
If SPX continues to hold above the $1.31 range and successfully breaks out above $1.71 — the top of the previous consolidation — the Power of 3 pattern will be confirmed. The projected target? Around $2.50, calculated by measuring the height of the accumulation zone and extending it from the breakout point. That’s a possible 89% upside from current levels.
However, traders should remain cautious. While the pattern is developing cleanly, confirmation through a breakout above $1.71 with strong volume is key to validating this bullish setup.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Privacy Pools Enables Stablecoin Transfers on Ethereum

XRP Ledger Gains Role in ECB Digital Euro Pilot

Kyrgyzstan’s A7A5 Stablecoin Shows High Transaction Volume Amid Sanctions Evasion Speculation

Bitcoin Bulls Eye Potential $110,000 as $20 Billion Options Expiry Approaches

Trending news
MoreCrypto prices
More








