SPX6900 Price Prediction – Can This Meme Coin Break $2 in the Short Term?

Traders should closely monitor the ongoing consolidation range marked on the charts. This range could act as a launchpad for a breakout to the upside. If that breakout happens, it could drive SPX past its all-time high and offer around 30% profit potential.

Still, the short-term picture calls for caution. SPX now looks slightly overextended and has dropped below most major moving averages, which could lead to a short-term pullback.

Traders looking for short opportunities might watch for a break below the $1.24 support. A sustained drop beneath that level could result in a 5–6% downside, offering a quick and potentially profitable trade.

The hourly stochastic indicator also supports the possibility of short-term weakness. Each time SPX touched the upper bounds of this indicator, the price followed with a notable decline. The current position suggests that a downward move may take place within the next few hours.

Biggest Crypto Launch of 2025

Solaxy (SOLX), a fast-rising Layer 2 project built for Solana, has burned 55 billion $SOLX tokens — about 40% of the total supply — in two major events. This move reduces the available supply and may increase the tokens value for holders.

Many in the crypto space now compare this strategy to Bitcoins halving events, which often lead to price jumps due to lower supply. Some analysts believe $SOLX could bring returns from 10x to even 1000x.

Solaxy claims the title of the first true Layer 2 built specifically for Solana. It uses advanced tech like transaction bundling and off-chain processing to speed things up and reduce costs.

The project has entered its launch phase, with several major updates coming soon. On June 23, presale buyers can start claiming their tokens. The mainnet will go live on July 7, along with a bridge that connects Solaxy to Ethereum and Solana.

On July 14, Solaxy will launch Neptoon, its own DEX. A week later, it will release the Igniter Protocol, a no-code tool to create tokens.

Solaxys presale has raised over $56.5 million. Buyers have less than 48 hours left to get $SOLX at the price of $0.001766. To buy, visit the official Solaxy website, connect your wallet, choose how much $SOLX you want, and pay with SOL, ETH, USDT, or BNB. You can also use the Best Wallet app.

Early buyers can stake their tokens and earn rewards. The current annual reward rate is 75%. Once the presale ends, Solaxy plans to list $SOLX on major exchanges, where the price may rise.