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SPX6900 Crashes 12% as Bulls and Bears Battle for $1.70 – What’s Next?

  • SPX6900 experienced a 12% decrease in price over the last 24 hours as bulls and bears vie for control.
  • The cryptocurrency is facing a critical situation at the resistance level of $1.70, with a slight advantage for bears.
  • SPX6900 is currently trading at $1.176, above its 50-day EMA and 200-day EMA, indicating a positive trend.
  • Technical indicators like RSI and MACD suggest an equilibrium between buying and selling pressure, with potential for bullish movement if the resistance at $1.7345 is breached.

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