{"id":611165,"date":"2024-12-18T15:36:50","date_gmt":"2024-12-18T15:36:50","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=611165"},"modified":"2024-12-18T15:36:50","modified_gmt":"2024-12-18T15:36:50","slug":"fartcoin-price-prediction-fartcoin-is-top-solana-meme-coin-gainer-with-9-pump-as-this-new-sol-rival-raises-2-2m-in-just-4-days","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/fartcoin-price-prediction-fartcoin-is-top-solana-meme-coin-gainer-with-9-pump-as-this-new-sol-rival-raises-2-2m-in-just-4-days","title":{"rendered":"Fartcoin Price Prediction: FARTCOIN Is Top Solana Meme Coin Gainer With 9% Pump As This New SOL Rival Raises $2.2M In Just 4 Days"},"content":{"rendered":"

The Fartcoin price has soared 9% to become the top Solana meme coin gainer in the last 24 hours to trade at $0.8515 as of 02:34 a.m. EST on a 44% jump in trading volume to $105 million.<\/span><\/p>\n

Fartcoin Price On A Sustained Bullish Trend<\/h2>\n

According to the FARTCOIN\/USD chart analysis on the 4-hour timeframe, the <\/span>price of Fartcoin<\/span><\/a> is experiencing a strong uptrend, showing significant bullish momentum. The price of Fartcoin has shown a near-parabolic increase starting from the beginning of December, with a sharp rise in both volume and price action from the $0.16 support, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

FARTCOIN now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which is an indication that the asset is still under intense bullish rally.<\/span><\/p>\n

The Relative Strength Index (RSI) is currently at 58.18, which is neutral to mildly bullish, suggesting that the price still has room to move higher before entering overbought territory (above 70). A previous spike in RSI above 70 during the recent parabolic move indicates prior overbought conditions, but the current cooldown suggests healthy consolidation.<\/span><\/p>\n

If the price sustains above the recent highs, the uptrend could extend further, targeting psychological levels like $1.00.<\/span><\/p>\n

\"Fartcoin
FARTCOINUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

However, a retracement to the 50-day SMA around $0.64 would not invalidate the uptrend and could offer buying opportunities.<\/span><\/p>\n

As the Fartcoin price soars, investors are also buying the new Solana rival Solaxy (SOLX)<\/a>, which 99Bitcoins, a popular crypto channel on YouTube with over 709K subscribers, says might soar 100x after launch.<\/span><\/p>\n