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The Fartcoin price plummeted 54% in the last week and 10% in the last 24 hours to trade at $0.4558 as of 12:22 a.m. EST on a 6% plunge in trading volume to $232 million.
Fartcoin Price On A Sustained Downtrend
The FARTCOIN price experienced an explosive uptrend in January 2025, peaking near $2.5 before undergoing a sharp correction. Since the peak, the Fartcoin price has been following a downward-sloping channel, indicating a controlled bearish correction rather than a complete collapse.
According to GeckoTerminal data, the price of Fartcoin is approaching a crucial support region around $0.45, a level that previously acted as resistance before the December breakout.
As a result of the sustained bearish trend, FARTCOIN now trades well below both the 50-period and 200-period Simple Moving Averages (SMAs) on the 4-hour chart.
Meanwhile, the Relative Strength Index (RSI) is at 34.15, approaching the oversold territory (below 30). Historically, whenever the RSI nears these levels, a bounce or trend reversal tends to follow, suggesting that the downward momentum could be losing strength.
![fartcoin price chart analysis](https://insidebitcoins.com/wp-content/uploads/2025/02/Fartcoin_2025-02-07_08-22-03-1.png)
Can FARTCOIN Recover?
Given the current market structure, if the price of Fartcoin fails to hold $0.45, the downtrend may continue toward $0.30 or lower.
Conversely, FARTCOIN breaking above the upper boundary of the descending channel could trigger a short-term rally toward the $0.75-$1.00 range. The first major resistance is around the 50-period SMA ($0.75), followed by the psychological $1.00 level.
Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND), which 99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says has the potential to become the best AI agent token of 2025.
MIND of Pepe Presale Garners Over $5.3 Million—Next 100X Crypto?
MIND of Pepe, the crypto market’s latest sensation, mixes cutting-edge AI trading tech with meme coin appeal—and investors are piling in. The project is now rushing towards the $5.5 million milestone as it continues to gain traction in the crypto space.
MIND of Pepe’s core feature is a self-evolving AI agent—a digital trading companion that’s constantly active.
It Is Pepe's World Now. $MIND pic.twitter.com/x63eC7VtKn
— MIND of Pepe (@MINDofPepe) February 6, 2025
This AI model tirelessly scans social platforms for emerging crypto trends, gauges social media sentiment, and monitors price movements to identify opportunities before they hit the mainstream.
MIND of Pepe’s AI agent goes beyond passive observation; it also actively interacts with key individuals, platforms, and communities shaping the market, delivering its insights directly to MIND holders through token-gated groups.
Currently, MIND tokens are priced at $0.0032792 and can be bought with either crypto or bank card via the easy-to-use widget embedded on the project’s website. MIND holders also have the opportunity to stake their tokens for a stratospheric 428% annual percentage yield (APY).
Interested investors should buy MIND before a price hike in less than 2 days.
Buy MIND tokens here before the next presale price increase in 37 hours.
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