Fartcoin Price Prediction: FARTCOIN Soars 25% As This New SOL Rival Closes On $5M In Presale
The Fartcoin price has soared 25% in the last 24 hours to trade at $0.88039 as of 06:07 a.m. EST on an 84% jump in trading volume to $243 million. Fartcoin Price On A Bullish Trend Reversal The FARTCOIN/USDT chart on the 4-hour timeframe displays a strong recovery after a recent pullback from its highs. The Fartcoin price initially rallied within an ascending channel but saw a breakdown around December 20th, leading to a retracement that touched support near the 50-day Simple Moving Average (SMA) at $0.86759. Currently, the Fartcoin price is trading at $0.88039, bouncing from its recent lows and moving back toward the 50-day SMA. The 200-day SMA, positioned at $0.47990, remains a key longer-term support and reflects the ongoing bullish momentum since November. The chart’s structure indicates that FARTCOIN is attempting to resume its uptrend. However, the breakdown of the ascending channel suggests that resistance near $1.00 will be critical in the short term. Meanwhile, the R...