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The Fartcoin price surged 12% in the last 24 hours to trade at $1.04 as of 12:37 a.m. EST, while trading volume skyrocketed 102% to $415 million.
The increase in the FARTCOIN price has put the crypto at the number 1 spot on CoinMarketCap’s list of biggest gainers, and comes as Coinbase announced that it has added the meme coin to its listing roadmap.
Fartcoin Price Falters At Key Support – Is The Gas Running Out?
The FARTCOIN price has recently broken down from a rising parallel channel that had defined its bullish trend from late March through May.
This upward channel saw the Fartcoin price steadily climb, finding consistent support along the lower trendline until the breakdown in early June.
The breach of that structure signals a shift in momentum from bullish to bearish, or at the very least, a transition into a consolidation phase.
FARTCOIN is currently hovering near the $1.04 level, showing a minor recovery after dipping below the critical Fibonacci 0.618 retracement level at $1.11, as GeckoTerminal data shows.
Additionally, the price of FARTCOIN is trading below the 50-day Simple Moving Average (SMA) at $1.1839, reinforcing the short-term bearish bias.
The sharp rejection from the mid-May highs near $1.75 also shows sellers are aggressively defending higher levels.
The Relative Strength Index (RSI) is sitting at 42.48, below the neutral 50 mark, signaling weakening momentum. While not in oversold territory yet (below 30), it does indicate that bears currently have control.
FARTCOIN Price Prediction
Despite the 12% surge in the last 24 hours, the Fartcoin price still appears to be entering a corrective phase.
If bulls fail to reclaim the $1.11 area (Fibonacci 0.618 level and previous support), the price is likely to drift toward the next significant support at $0.65 (Fibonacci 0.786).
On the flip side, if bulls manage to reclaim the $1.11 mark and push the price back above the 50-day SMA at $1.1839, FARTCOIN could resume its uptrend, with resistance expected near $1.43 (Fibonacci 0.5 level).
Meanwhile, opportunistic investors are redirecting their funds to a new ICO called Snorter Token (SNORT).
According to 99Bitcoins, a popular YouTube channel with over 723K subscribers, SNORT could soar 10X on launch.
Snorter Token Presale Closes On The $500K Milestone – Best Crypto To Buy Now?
As interest around crypto trading grows in Telegram communities, Snorter Token offers a purpose-built Solana trading bot designed to help users discover early-stage coins and execute trades within seconds.
Unlike browser-based tools, Snorter runs directly within Telegram, enabling users to perform sub-second swaps, automate sniping, and track portfolios in real-time.
It stands out from bots like BONKbot or Maestro by offering lower fees (just 0.85% for SNORT holders), while protecting users with advanced honeypot and rugpull detection.
From day one, the presale has generated strong interest, with over $472K raised within the first couple of days.
Went outside. Touched grass. Immediately hated it. Back to the chaos. pic.twitter.com/w211JnAvpI
— Snorter Support 📥 (@SnorterToken_) May 29, 2025
In addition to its trading features, annual staking rewards currently sit at 682%, which decreases as more investors join.
Tokens can be purchased at a discounted price of $0.0943 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 day away.
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