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The Fartcoin price pumped 6% in the last 24 hours to trade at $0.9196 as of 1:07 a.m. EST, while trading volume surged 13% to $277 million.
The surge comes as an attempt at a reversal, with the FARTCOIN price still down 38% in the last month.
Can the price of Fartcoin recover?
Fartcoin Price Loses Wind: Breakdown Below Key Support Signals Bearish Shift
Despite the recent surge, the FARTCOIN price has undergone a momentum shift after breaking down below the key support level at $1.00.
The recent downtrend has been attributed to the Fartcoin price dropping from a sustained rising channel pattern, which had been in place since late March, according to data from GeckoTerminal.
The price of FARTCOIN attempted to consolidate within a key support zone around the $0.97–$1.10 region (highlighted in yellow), which had previously acted as both support and resistance.
Unfortunately, this zone was breached to the downside, signaling a loss of bullish control.
FARTCOIN has now fallen below the 0.618 retracement level ($1.1160), a crucial level in the Fibonacci sequence where bulls attempt to defend the price.
Meanwhile, the Relative Strength Index (RSI) stands at 38.53, which is below the neutral 50 level and approaching the oversold threshold of 30. This indicates that momentum is currently with the bears.
The overall structure suggests a bearish trend in the short to medium term. If the Fartcoin price does not reclaim the $1.00–$1.15 range soon, the asset is likely to retest lower support around $0.6585.
However, if bulls manage to defend the current price of FARTCOIN and reclaim the key SMA, then the bearish momentum could be reversed. In this scenario, the 0.382 Fib level at $1.76 could be the next target.
Meanwhile, opportunistic investors are redirecting their funds to a new ICO crypto called Snorter Token (SNORT). According to Jacob Crypto Bury, a popular crypto YouTuber with over 56.8K subscribers, SNORT could soar 100X on launch.
Snorter Token Presale Closing On The $1.5 Million Milestone – Buy And Stake For 269% APY
In under a month, Snorter Token has raised over $1.19 million in presale funding.
Built as a Telegram-native trading bot for Solana and Ethereum, Snorter transforms Telegram into a full-stack trading suite.
From sub-second swaps to instant sniping, copy trading, and real-time portfolio tracking, the bot is designed to help degens move faster and trade smarter.
Snorter is the fastest and most affordable bot on Solana, transforming your Telegram feed into a weaponized trading terminal.
It has the fastest execution and lowest fees of any bot on Solana, making sniping a breeze. Additionally, it also comes with cutting-edge MEV protection, which gives it a competitive advantage compared to other solutions, such as Trojan and BonkBot.
Fat green candle coming at ya. pic.twitter.com/NPJTBcyE0B
— Snorter (@SnorterToken) June 22, 2025
It stands out from bots like BonkBot or Maestro as well by offering lower fees (just 0.85% for SNORT holders), while protecting users with advanced honeypot and rugpull detection.
In addition to its trading features, annual staking rewards currently sit at 269%, which decreases as more investors join.
Tokens can be purchased at a discounted price of $0.0959 using SOL, ETH, BNB, or a bank card directly on the official website.
Interested investors should consider buying before the next scheduled price increase, which is approximately 1 hour away.
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