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The Fartcoin price surged more than 17% in the last 24 hours to trade at $1.45 as of 10:45 a.m. EST as investors go long on the meme coin.
This latest pump by the FARTCOIN price is a continuation of the bullish trend the altcoin has displayed on the longer-term time frames. After the recent increase, the crypto is up more than 65% over the past 7 days and more than 86% over the past 86 days.
Fartcoin Price Attempting To Break The Resistance At $1.4385
4-hour chart for FARTCOIN/USD (Source: GeckoTerminal)
The Fartcoin price is attempting to breach the resistance level at $1.4385 following a sequence of higher highs and higher lows over the past couple of days. Should the crypto close a 4-hour candle above this mark within the next 8 hours, it could continue rising into the weekend. Traders might subsequently push the meme coin’s price up to $1.7265.
However, a rejection from the $1.4385 resistance or a sudden wave of profit-taking activity could bring an end to the crypto’s positive streak. The Fartcoin price might stand the risk of testing the immediate support level at $1.1785 in this alternative scenario. Persistent sell pressure could then lead to the meme coin falling to as low as $0.9257 in the short term.
Technicals Suggest The Fartcoin Price Might Keep Climbing
From a technical standpoint, indicators on the meme coin’s 4-hour chart suggest the crypto could keep climbing in the coming few hours. Both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest bulls have the strength and momentum needed to push the meme coin’s price higher.
RSI readings have been on the rise in the last few hours. Although there have been drops in the indicator’s readings throughout the past day of trading, the overall trend is positive with no bearish divergences between the Fartcoin price and RSI that warn of an upcoming correction.
Meanwhile, the MACD line is positioned bullishly above the MACD Signal line, which suggests that the crypto is in a positive trend. In recent hours, the prior has also started to break away above the latter, which could be seen as a sign that the crypto’s positive momentum is picking up steam.
As the Fartcoin price tries to break resistance, investors are rushing to buy meme coin rival Flockerz (FLOCK) before its presale ends in just over 5 days. Experts have shared their bullish predictions for FLOCK’s price once it launches. Among them is an analyst from the 99Bitcoins YouTube channel with over 706K subscribers, who said FLOCK could soar 100X post-launch.
A Truly Decentralized Crypto Project
Many projects in the Web3 space claim to be fully decentralized, but this often turns out not to be the case. Flockerz, with its innovative vote-to-earn model, stands out in this regard as it puts the fate of its future entirely in the hands of its token holders.
The project will host a series of governance meetings, which will give each FLOCK holder the opportunity to vote on any proposed future improvements or adjustments to the project. FLOCK holders are then rewarded with additional tokens for participating in the project’s governance.
This financial incentive will likely keep token holders coming back and staying engaged with the project over the long run, which is something a lot of projects struggle to get right.
After the vote is over The Flocks still family! 🐦💙 pic.twitter.com/P0bgz7Emzy
— Flockerz (@FlockerzToken) January 16, 2025
There is also an attractive staking initiative on offer to FLOCK holders. Anyone who stakes the meme coin now will unlock a 269% APY. These high rewards could be another factor that will keep the project’s community members coming back. The opportunity to earn additional tokens and increase potential passive earnings might be too good to pass up.
FLOCK Raises Over $10.3 Million With Time Running Out
Flockers has had a successful presale round, raising more than $10.3 million at this early stage. With time running out before the project’s launch, buying activity could heat up as investors try to position themselves as best they can ahead of the highly-anticipated event.
Anyone that wants to acquire the meme coin at this early stage can do so using the simple buy widget embedded on the project’s website. Selling for $0.0066883, FLOCK can be purchased with either crypto or bank card.
Purchase FLOCK tokens here before the project enters the mainstream market.
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