Fartcoin Price Pumps 21% As Ali Martinez Sees 86% Downside Risk, While This AI Pepe Hybrid ICO Charges Toward $8M

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Fartcoin price
Fartcoin price

Join Our Telegram channel to stay up to date on breaking news coverage

The Fartcoin price has pumped 21% in the last 24 hours to trade at $0.4471 as of 6:45 a.m. EST on a 30% drop in trading volume to $177 million.

The jump in the FARTCOIN price comes as crypto analyst Ali Martinez, with almost 135k followers on X, predicts a potential 86% slump based on a “head and shoulders” pattern.

This technical setup signals a bearish reversal, suggesting that the coin may experience significant volatility in the coming days.

Fartcoin Price Pullback Signals Potential Reversal

FART/USDT trading pair has seen a sharp pullback, trading at $0.43924 after opening at $0.48156. This downward movement suggests increasing bearish momentum, potentially driven by profit-taking from the recent price rally or external market conditions affecting investor sentiment.

Throughout March, FARTCOIN traded within a consolidation phase, marked by the yellow zone. This period of sideways action allowed the market to accumulate liquidity before a breakout led to a sharp bullish rally, which peaked near $0.70.

Currently, FartCoin is testing a crucial support zone between $0.35 and $0.40, where a potential double-bottom pattern is forming. This pattern, a classic bullish reversal signal, occurs when the price tests a key support level twice without breaking lower, suggesting the possibility of increased buying activity.

Fartcoin price

FARTCOINUSD Analysis Source: Tradingview

If this pattern holds and buying pressure increases, the price could stage a recovery, pushing toward the $0.55 – $0.60 resistance zone (R1) as an intermediate target. Beyond that, if bullish momentum strengthens, a retest of the $0.70 resistance level is possible.

However, if the support zone fails and the price breaks below $0.35, it could signal a deeper correction, potentially driving the price toward the next psychological level of $0.30 or lower.

The Relative Strength Index (RSI) stands at 49.25, with the signal line at 41.91, indicating a neutral position. This suggests the asset is neither in overbought nor oversold territory, allowing for potential downside or a recovery.

If the RSI climbs above 50, it may signal increasing bullish strength, while a dip below 40 could suggest more weakness and a higher chance of further selling.

Should buyers manage to hold the $0.35 – $0.40 support zone, the asset could rebound, aiming for resistance at $0.55 – $0.60 before potentially breaking through to $0.70. On the other hand, failure to maintain this support could trigger a breakdown, with $0.30 as the next significant downside target.

MIND Of Pepe Presale Charges Toward $8 Million – Next Crypto To Explode?

As the Fartcoin price soars, investors are also buying up MIND of Pepe (MIND), an AI-powered meme coin hybrid that has already raised over $7.8 million in its presale.

MIND of Pepe is the first AI-driven version of Pepe the Frog, combining the popular meme with advanced AI technology. This AI can create, trade, and promote tokens, sell them for profit, and reinvest earnings into its native token, MIND.

Crypto analyst and YouTuber Borch Crypto, with over 87.5K subscribers, believes MIND is a top crypto pick and could grow 100X after launch.

The AI scans social media, especially X, to detect early trends and shares them with token holders in exclusive groups. It also helps shape market trends by engaging with influencers and investors.

Additionally, MIND’s AI can create and promote its own tokens, giving investors early access before public launches and potential price spikes.

By staking their tokens, investors can also earn a huge 288% annual return.

MIND is currently priced at $0.0036671 and can be purchased with ETH, USDT, BNB, USDC, or a bank card.

Buy before a price hike in about 34 hours to secure the best deal.

Visit the MIND of Pepe website.

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next