Fartcoin Price Prediction: FARTCOIN Plummets 11% In A Week As This New Pepe Derivative’s ICO Charges Towards $37 Million

The Fartcoin price is down more than 11% on the weekly time frame despite a 4% 24-hour gain to trade at $1.01 as of 3:00 a.m. EST as investors decrease their portfolios’ exposure to the meme coin.

While the FARTCOIN price has dropped over 11% in the last 24 hours, its monthly performance is still well in the green by more than 191%.

Fartcoin Price Trying To Break Above Resistance

4-hour chart for FARTCOIN/USD (Source: GeckoTerminal)

The Fartcoin price is attempting to break above a resistance level at $1.0249. Should it clear this technical obstacle, it could gain the space needed to keep rising in the following 48 hours. Traders might subsequently try to push the meme coin’s price up to the next major level at $1.1618.

On the other hand, the Fartcoin price failing to close a 4-hour candle above $1.0249 within the next 12 hours could invalidate the bullish thesis. In this alternative case, the crypto might test the immediate support level at $0.8828. Falling below this mark could then expose the Fartcoin price to the risk of plummeting all the way down to $0.7144 in the short term.

Technicals Suggest Bulls Could Soon Take Back Control Of The Fartcoin Price

From a technical standpoint, indicators on FARTCOIN’s 4-hour chart suggest the meme coin could overcome the $1.0249 barrier in the coming few hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flashing bullish.

RSI readings have risen towards the neutral 50 point, which suggests increasing buyer strength. Meanwhile, the MACD line has started closing in on the MACD Signal line. While the current orientation of the two lines indicates that FARTCOIN is still in a bearish trend, the narrowing margin between the indicators suggests a bullish reversal might soon ensue.

If these early bullish technical signs influence traders’ decision making in the coming couple of hours, the Fartcoin price could soon establish a position above the aforementioned $1.0249 resistance level.

As the Fartcoin price tries to flip the $1.0249 resistance level into support, the presale for a new PEPE-derivative by the name of Wall Street Pepe (WEPE) is fast-approaching the $37 million mark. 

The frenzy around the new meme coin comes amid a wave of bullish predictions by leading crypto experts, including YouTuber ClayBro. In a recent video for his more than 133K subscribers, he said that the WEPE token will make millionaires.

A Degen Trading Group Looking To Take On Crypto Whales

Up until now, the crypto market has been at the mercy of whales, who keep their big moves a secret and often perform trades that negatively impact smaller retail traders. This is where Wall Street Pepe, with its WEPE Army of degen traders and analysts, aims to make a difference. 

By joining the rapidly-growing WEPE Army, members will receive exclusive market insights and future alpha trade ideas that will help them trade like a pro and bring an end to whales’ dominance in the market.

Anyone that wants to join the group can do so by purchasing WEPE tokens through the easy-to-use buy widget embedded on the project’s website. Selling for $0.0003657, the meme coin can be bought with either crypto or bank card.

Turning doubters into believers since day one. 🐸 ⚔️ pic.twitter.com/usPUfQnhvD

— Wall Street Pepe (@WEPEToken) December 26, 2024

Once purchased, token holders will be able to join the WEPE Army and will just need to wait for the next trade opportunity to present itself in the market. Until then, WEPE token holders can also put their investment to work with the staking opportunity on offer to presale buyers. Anyone who buys and stakes WEPE tokens now will unlock access to a 35% APY.

WEPE Raises Over $36.7 Million In Blockbuster ICO – Next Pepe Unchained?

Wall Street Pepe has already pulled in more than $36.7 million through its ongoing presale, signaling strong investor confidence in the project’s future. With this impressive ICO performance so far, many investors are questioning whether WEPE will become the next Pepe Unchained (PEPU).

PEPU currently holds the title for the best presale of 2024 after it raised more than $73 million. It has since launched and gone on to set multiple all-time highs.

Wall Street Pepe has already raked in more capital through its ICO than PEPU did in its early presale days. 

Purchase WEPE here.

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Newest Meme Coin ICO - Wall Street Pepe

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