Fartcoin has made remarkable progress since its modest start. From an all-time low of $0.01992 on October 30, 2024, it has surged by an impressive 4,105.03%.
The daily chart of FARTCOIN/USDT shows a significant bullish trend, with the price surging 32.01% to close at $0.8434. After a period of consolidation in November, the price began to climb steadily with a strong breakout above $0.50. The green candlesticks demonstrate clear buyer dominance, supported by rising volumes.
A recent sharp rally pushed FARTCOIN to a new local high of $0.90, signaling increased market momentum. However, the RSI at 75.99 indicates overbought conditions, suggesting a possibility of a short-term correction or pullback before the next leg up.
- Immediate Support: $0.70
- Resistance Level: $0.90
- Next Target: $1.00 (psychological level)
If the bulls maintain momentum and sustain the price above $0.80, FARTCOIN could target the $1.00 mark. A failure to hold the support may trigger a minor correction to $0.50–$0.60.
With the current price action signaling a strong uptrend, FARTCOIN appears poised for further growth in the coming sessions. Traders are likely to eye the psychological resistance at $1.00 as the next milestone, with rising trading volumes suggesting sustained buying interest.
However, the overbought RSI indicates the need for caution, as a short-term correction might occur to build fresh support levels. Investors should monitor the $0.70–$0.74 zone for price action, as holding above this range could signal continued bullish momentum.