Fartcoin Poised to break $1 Barrier
Fartcoin is making a strong comeback. It’s on track to hit $1 again. Despite economic worries, it’s holding above vital moving averages. This is a big deal for the crypto world.
Fartcoin (FARTCOIN) has been the star of the crypto market. It’s leading gains on platforms like CoinMarketCap and CoinGecko. The coin is now at $0.92. It’s up 7% in 24 hours, 60% in a week, and 160% in a month. The coin is showing resilience. It’s defying the usual market trends.
Recently,Fartcoin has been the top performer. It’s been doing well despite Trump’s tariffs causing market uncertainty. The coin is now near the $1 mark.It last hit this level in late January. The price has been climbing steadily.
Throughout March, the memecoin’s price gradually climbed, regaining lost ground as it completed the right side of the cup. Then, a brief consolidation followed, with a shallow pullback into the $0.85–$0.90 range, shaping what appears to be the beginning of the handle.
If FARTCOIN reclaims and then manages to sustain the psychological $1.00 level with increasing volume, it could trigger a bullish continuation move. The key moving averages, including the 20-day Exponential Moving Average and the 50-day simple Moving Average further support this bullish outlook. A bullish crossover between the two occurred on March 24, signaling a potential trend reversal, and since then, the price has remained firmly above both averages.
Adding to the bullish sentiment, the Relative Strength Index is sitting at 69.29, just below the overbought threshold of 70.The move above 70 could confirm the strength of the breakout,although it also raises the possibility of short-term profit-taking. However, as long as RSI remains elevated without diverging from the price, it still supports the case for an upcoming rally.
