Fartcoin Soars 35% in 24 Hours,Signaling Strong Recovery
Fartcoin has surged 35% in the past 24 hours,trading at $0.52. This significant rise marks a robust recovery from months of price consolidation.
After plummeting from its all-time high of $2.48 on january 19, Fartcoin entered a consolidation phase. It hovered between $0.20 and $0.30 from February to mid-March 2025. On March 19, the price spiked over 30%, moving from $0.297318 to $0.395195.
During this period, trading volume remained steady, indicating that sellers had lost momentum.The real turning point came on March 24 when FARTCOIN broke past $0.60. Although it briefly dipped to $0.40–$0.45, buyers quickly stepped in, driving the price up to $0.53.
Technical indicators are also positive. The Relative Strength Index is at 59.26, nearing bullish territory. The Moving Average Convergence Indicator supports this, with the MACD line above the Signal Line.
With this breakout, FARTCOIN is approaching local resistance levels of $0.60–$0.70. If it sustains a push above these levels, it coudl signal a full trend reversal. The price might then test major resistance at $1.20–$1.30, a level seen during its recovery from the January crash.
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