{"id":609420,"date":"2024-12-12T10:18:05","date_gmt":"2024-12-12T10:18:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=609420"},"modified":"2024-12-12T10:18:05","modified_gmt":"2024-12-12T10:18:05","slug":"fartcoin-price-prediction-fartcoin-surges-15-to-pass-500m-market-cap-as-this-new-pepe-derivative-rockets-past-6-5m-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/fartcoin-price-prediction-fartcoin-surges-15-to-pass-500m-market-cap-as-this-new-pepe-derivative-rockets-past-6-5m-in-presale","title":{"rendered":"Fartcoin Price Prediction: FARTCOIN Surges 15% To Pass $500M Market Cap As This New Pepe Derivative Rockets Past $6.5M In Presale"},"content":{"rendered":"

The Fartcoin price has soared 15% in the last 24 hours to trade at $0.5075 as of 3:20 a.m. EST on a 15% jump in trading volume to $100 million.<\/p>\n

This surge has propelled Fartcoin’s market capitalization beyond $500 million, according to data from CoinGecko.<\/p>\n

Fartcoin Price Spikes Along The Parabolic Curve<\/h2>\n

Fartcoin is currently trading at $0.5075<\/a>, reflecting a 2.74% decline in the last session. Despite this slight pullback, the token has exhibited strong upward momentum, evidenced by a parabolic curve that indicates sustained buying interest.<\/p>\n

The recent rally has been supported by a key support zone at $0.20-$0.22, which acted as a launchpad for the price surge. On the upside, the resistance zone at $0.50-$0.52 is proving to be a critical barrier. A successful breakout above this level could pave the way for further gains.<\/p>\n

\"Fartcoin<\/p>\n

FARTCOINUSD Analysis Source: Dextools.io<\/p>\n

The moving averages further confirm the bullish trend. The 50-period moving average (currently at $0.2848) has crossed above the 200-period moving average ($0.2714), forming a golden cross, an indicator of strong upward momentum. With the price comfortably above both averages, the long-term outlook remains positive.<\/p>\n

The MACD indicator also supports the bullish case, with the MACD line at 0.0576 positioned well above the signal line at 0.0129. This, along with positive histogram bars, reflects strong buying momentum. Additionally, the Relative Strength Index (RSI) stands at 66.68, signaling robust buying pressure while nearing overbought territory. This suggests that while the trend remains bullish, a potential consolidation or minor pullback could occur near the resistance.<\/p>\n

The parabolic curve on the chart highlights the rapid acceleration in price, underscoring the strength of the recent uptrend. If the price sustains above the curve, the bullish trajectory is likely to continue. However, a break below the curve might signal a period of consolidation or correction.<\/p>\n

A decisive move above $0.52 could open the doors for targets around $0.60 and higher. As the price approaches key resistance levels, traders should remain cautious of profit-taking or potential corrections.<\/p>\n

Wall Street Pepe Presale Blasts Past $6.5 Million – Next Crypto To Explode?<\/h3>\n

Meanwhile, investors are turning their attention to a newly launched meme coin called Wall Street Pepe ($WEPE)<\/a>.<\/p>\n

WEPE has got off to a roaring start, blasting past $6.5 million in its presale so far and adding an incredible $2.2 million in the past day alone.<\/p>\n

Prominent crypto YouTuber and analyst Austin Hilton, with 295K subscribers, predicts that WEPE will “revolutionize the crypto space.”<\/p>\n