{"id":615264,"date":"2025-01-03T08:35:53","date_gmt":"2025-01-03T08:35:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=615264"},"modified":"2025-01-03T08:35:53","modified_gmt":"2025-01-03T08:35:53","slug":"is-it-too-late-to-buy-fartcoin-fartcoin-price-surges-18-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-price-surges-18-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy FARTCOIN? Fartcoin Price Surges 18% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Fartcoin price has surged 18% in the last 24 hours to trade at $1.3579 as of 11:15 p.m. EST on a 131% jump in trading volume to $240 million.<\/span><\/p>\n

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

The <\/span>Fartcoin price<\/span><\/a> analysis on the 4-hour timeframe demonstrates a strong bullish momentum, with the token’s price steadily climbing over the past few weeks. <\/span><\/p>\n

A notable rounding bottom pattern is evident, a classic bullish continuation formation, supported by the $0.73 support zone, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

Currently, the price is trading at $1.3579, above both the 50-day Simple Moving Average (SMA) and 200-day SMA. The breakout from the handle was accompanied by an increase in volume, reinforcing the likelihood of further upward movement.<\/span><\/p>\n

The Relative Strength Index (RSI) currently sits at 69.24, near the overbought threshold of 70. This suggests that while the bullish momentum remains strong, the token could experience a brief pullback or consolidation phase before continuing its upward movement.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is significantly above the signal line (orange), and the histogram bars are increasing in size, signaling robust bullish momentum. <\/span><\/p>\n

The MACD is well above the zero line, which reinforces the uptrend.<\/span><\/p>\n

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

Fartcoin Price Prediction<\/h2>\n

Based on the technical analysis, a bullish scenario suggests that Fartcoin could rally toward $1.80, the next significant resistance level, as implied by the breakout from the rounding bottom pattern. <\/span><\/p>\n

This target aligns with the projected move typically associated with this formation.<\/span><\/p>\n

However, a pullback scenario may involve a minor retracement toward the handle breakout level around $1.10, offering a potential re-entry point for bulls before resuming the uptrend.<\/span><\/p>\n

As the FARTCOIN price aims for a continued surge, investors are also buying up a new breakthrough meme coin called <\/span>Meme Index (MEMEX)<\/span><\/a>. <\/span><\/p>\n

According to crypto analyst and YouTuber Jacob Bury, who has over 53k subscribers, MEMEX has the potential to be the next 10x crypto.<\/span><\/p>\n