{"id":611704,"date":"2024-12-20T06:42:14","date_gmt":"2024-12-20T06:42:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=611704"},"modified":"2024-12-20T06:42:14","modified_gmt":"2024-12-20T06:42:14","slug":"is-it-too-late-to-buy-fartcoin-fartcoin-soars-38-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-fartcoin-fartcoin-soars-38-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Fartcoin Price Prediction: FARTCOIN Soars 38%, But Traders Rush To Buy This Meme Coin Staking Platform Before It’s Too Late"},"content":{"rendered":"

The Fartcoin price has soared 38% in the last 24 hours to trade at $1.25 as of 11:06 a.m. EST on a 29% jump in trading volume to $273 million.<\/span><\/p>\n

Fartcoin Price Could Continue Soaring<\/h2>\n

The Fartcoin price has exhibited a strong bullish trajectory in recent sessions. The most prominent pattern in the chart is a parabolic curve, often indicative of rapidly accelerating price action fueled by high investor enthusiasm. <\/span>The price of Fartcoin<\/span><\/a> has recently surged past multiple support levels, with clear bounce points near $0.77 (50-day Simple Moving Average (SMA) and $0.42 (200-day SMA).<\/span><\/p>\n

The breakout past these levels triggered a sharp rally, culminating in the current Fartcoin price of $1.2527 after it reached an all-time high (ATH) of $1.29, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

Support zones have shifted higher, with immediate levels now around $1.00 and $0.77.<\/span><\/p>\n

The Relative Strength Index (RSI) is currently at 69.41, approaching overbought levels (above 70). While this suggests potential exhaustion in the short term, it also reflects intense buying pressure.<\/span><\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram remains in bullish territory, with the MACD line (blue) above the signal line (orange). The continued upward divergence between these lines supports the bullish case, signaling sustained momentum. <\/span><\/p>\n

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

Fartcoin Price Prediction<\/h2>\n

Based on the current technical setup, the Fartcoin price is firmly in a bullish trend, with the potential for further upside. If momentum sustains, the bulls could target the next major resistance anticipated around $1.50 to $1.70, driven by psychological levels and the continued parabolic pattern.<\/span><\/p>\n

Conversely, a break below $1.00 would indicate weakening momentum, with further support at $0.77 (50-period MA) and $0.42 (200-period MA).<\/span><\/p>\n

Meanwhile, investors are rushing to buy <\/span>Crypto All-Stars (STARS)<\/span><\/a>, which ClayBro, a prominent crypto analyst on YouTube with over 130K subscribers, says has the potential to soar 10X after its launch.<\/span><\/p>\n