Join Our Telegram channel to stay up to date on breaking news coverage
The Fartcoin price surged 19% in the last 24 hours to trade at $1.82 as of 08:55 p.m. EST on trading volume that skyrocketed 353% to $642 million.
Solana’s SOL token rocketed after a meme coin linked to President-elect Donald Trump, $TRUMP, launched on the popular blockchain network.
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
That sent Solana meme coins soaring more than 64% in the past 24 hours to reach a market capitalization of $31.4 billion, according to CoinGecko.
Fartcoin Price On A Bullish Rally
The FARTCOIN price is demonstrating a strong uptrend on the 4-hour chart, trading within a well-defined rising channel pattern. The Fartcoin price recently touched a high of $1.86482 and is currently trading at $1.82688, reflecting a gain of 5.25% over the last session. The structure of higher highs and higher lows within the channel confirms a bullish trend.
The break above both the 50-day Simple Moving Average (SMA) at $1.11563 and the 200-day SMA at $1.04702 marked the beginning of the current uptrend. These moving averages are now providing dynamic support as the price continues to climb. The rising channel suggests that further gains are possible as long as the price of FARTCOIN respects the channel’s lower boundary.
Meanwhile, the Relative Strength Index (RSI) is at 68.11, close to overbought territory (70+). While this suggests strong bullish momentum, it also hints at the possibility of a near-term pullback or consolidation. The RSI’s behavior near overbought levels can be sustained in a strong uptrend, so it is not yet a sign of immediate weakness.
Moreover, the Moving Average Convergence Divergence (MACD) line is above the signal line, with values of 0.17 and 0.13, respectively, indicating bullish momentum. The histogram is positive and widening, showing increasing buying pressure.
FARTCOIN/USDT Chart Analysis (Source: Tradingview)
FARTCOIN Price Prediction
In the short term, the Fartcoin price is likely to continue respecting the rising channel. Resistance can be expected near the channel’s upper boundary, currently around $1.90-$2.00. A break above this level could pave the way for further upside, with the next key psychological level at $2.50.
On the downside, the lower boundary of the ascending channel near $1.70 serves as immediate support. Below that, the 50-day SMA at $1.11 provides strong secondary support for the price of Fartcoin.
As FARTCOIN soars, investors are also buying up a new frog-themed Pepe derivative called Wall Street Pepe (WEPE). Crypto influencer ClayBro, with over 135K subscribers, says it could soar 100X after launch.
Wall Street Pepe Presale Zooms Past $52 Million – Last Chance To Buy
Wall Street Pepe is on track to be the top meme coin presale of the year after raising $52.1 million in only about six weeks.
The project combines humor with real-world utility, transforming the iconic Pepe the Frog meme into a Wall Street professional – dressed in a suit and sunglasses – who provides his WEPE Army of followers with cutting-edge investment advice.
The Wall Street Pepe trading platform gives retail traders the same exclusive insights as big crypto players, known as whales. This private trading group has access to market signals, tips, strategies, and more.
The hottest trend this season? Wepe bags. 🐸 ⚔️ pic.twitter.com/TB9WmFnrjw
— Wall Street Pepe (@WEPEToken) January 11, 2025
WEPE detests whale investors who trade in secretive insider groups and he aims to level the playing field for the little guys.
Wall Street Pepe also offers a staking platform with an attractive 25% Annual Percentage Yield (APY).
You can buy WEPE tokens from the official website for $0.0003665 using ETH, USDT, or a bank card. Buy before the presale ends in less than 28 days.
Related Articles
- Best Meme Coins to Buy Today
- $TONALD Token Launches On TON Chain Ahead Of Inauguration Day
- New $TRUMP Meme Coin Explodes To $21 Billion Market Cap Ahead Of Inauguration Day
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
Join Our Telegram channel to stay up to date on breaking news coverage
