SPX Price Hits New All-Time High, $2.50 Up Next

SPXUSDT has been experiencing a consistent uptrend since the beginning of the month, leading to the formation of multiple all-time highs, including one today at $2.27. This price action reflects strong investor interest, pushing the altcoin to new levels and generating a positive market sentiment.

Currently trading at $2.23, SPXUSDT has gained 14% in the past 24 hours. The Ichimoku Cloud, acting as support, signals bullish momentum. This suggests that SPX could rise further, with the potential to reach $2.50 or higher if market conditions remain favorable and investor confidence persists.

However, if selling pressure intensifies, SPXUSDT could experience a reversal. A dip below the $2.00 support could push the altcoin toward $1.74 or lower, invalidating the bullish outlook.