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The Fartcoin price soared 6% in the last 24 hours to trade at $1.04 as of 5:03 a.m. EST, while trading volume skyrocketed 42% to $155.6 million.
Fartcoin Price Could Bounce Off Support, Aims For A Bullish Trend
The FARTCOIN price has undergone a significant shift in momentum over the past few months.
After reaching a peak above $2.78 in April 2025, the Fartcoin price experienced a steep decline, breaking down from a rising channel and falling back below key Fibonacci levels.
The chart now reveals a consolidation pattern forming around the $1.07 region, which coincides with the 0.618 Fibonacci retracement level from the significant swing low near $0.07 to the April high, GeckoTerminal data shows.
The 50-day Simple Moving Average (SMA) is now acting as a resistance level, having recently crossed above the price of FARTCOIN.
Meanwhile, the Relative Strength Index (RSI) is currently at 45.72. This level places it below the neutral 50 mark, indicating that FARTCOIN is in a mildly bearish to neutral momentum phase.
Fartcoin may be preparing for a short-term recovery toward the next resistance zone, located near the 0.5 Fibonacci level at $1.4277.
A successful breakout above the 50-day SMA and this resistance could open the path for a move up to the 0.382 level around $1.7476.
However, failure to maintain the support zone could see the price revisiting the 0.786 retracement level at $0.6523.
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 Closing On The $700K Milestone – Best Crypto To Buy Now?
Snorter, a new Solana-based meme trading bot powered by Telegram, has made a notable entrance into the cryptocurrency scene. In just a few days of its presale going live, the project has raised over $625K.
The project blends lightning-fast swaps and low fees with a meme coin twist. Thus, it brings a fresh take to a space often dominated by complexity.
Unlike browser-based tools, Snorter runs directly within Telegram, enabling users to perform sub-second swaps, automate sniping, and track portfolios in real-time.
The bot is entering a space where most users currently favor Trojan and BonkBot, two bots that have gained prominence on the Solana blockchain for their affordable fees and secure transactions.
Went outside. Touched grass. Immediately hated it. Back to the chaos. pic.twitter.com/XgGz1f7cCE
— Snorter (@SnorterToken) May 19, 2025
Snorter Bot also beats the competition in terms of fees. By simply holding the SNORT token, traders reduce their execution fees from 1.5% to 0.85%, undercutting other Telegram bots.
In addition to its trading features, staking rewards currently sit at 507%, which decreases as more investors join the ICO.
The presale is now live, and the token is selling at $0.0947. Tokens can be bought with SOL, ETH, BNB, or bank card, and staked directly on the official site.
Interested investors will want to buy before the next presale price hike in approximately 2 days.
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