Key notes
- A new portfolio spent $ 1 M $ USDC to buy 1.06 m of Fartcoin, adding fuel to the bullish momentum.
- If Fartcoin exceeds $ 0.98, Fibonacci objectives with the following keys are $ 1.095, $ 1.28 and $ 1.46.
- Polymarket shows 73% chance that Fartcoin claims an FDV of $ 1 billion before July.
Fartcoin
Fartcoin
$ 0.90
24h volatility:
4.5%
COURTIC CAPESSION:
$ 898.04 M
Flight. 24 hours:
$ 329.82
again makes headlines around the world of the memes play. The token, currently at a price of $ 0.9167, won 8.34% in the last 24 hours and now has a market capitalization of $ 916.76 million – its higher since January 2025.
The increase comes in the middle of a renewed whale activity and a strong technical dynamic. Coinmarketcap data show that Fartcoin violated the EMA resistance of 20 days of $ 0.8,84,21.
Whales buying Fartcoin
According to the data tracker on the Lookonchain chain, a new portfolio has just deployed $ 1 million USDC to collect 1.06 million Fartcoins at $ 0.944, suggesting a strong conviction to buy even at local peaks.
Bleeding from the red market, but $ Fartcoin pumps against the tide.
A newly created portfolio spent 1m $ USDC To buy $ 1.06 M Fartcoin at $ 0.944 an hour ago. pic.twitter.com/mqm7eivyox
– Lookonchain (@lookonchain) April 16, 2025
The Paris Polymarket platform reveals that more than 73% of users think that Fartcoin will reach an entirely diluted evaluation of $ 1 billion (FDV) before July, and the recent price action seems to echo this optimism.
The room exploded more than 225% in last month, with a gain of almost 30% in the past seven days only.
Fartcoin price analysis
Fartcoin is negotiated just above the midline of Bollinger bands (20 SMA), currently about $ 0.888. The bands are starting to tighten, which is a classic sign that a volatile break could be close.
Fartcoin showed a tendency to develop strongly after such compressions, as we saw earlier in April when the price exploded beyond $ 0.80 during a similar configuration.
The lower strip is nearly $ 0.82, offering short -term support, while the upper band resistance is $ 0.95. A clear break above this resistance could open another higher leg.
Source: tradingView
In the latest instant MacD 4H, the MacD line curls up to the signal line, referring to a potential optimistic crossover. Although the histogram is still slightly negative, the momentum moves quickly upwards.
If the crossing confirms, it could trigger fresh purchase signals for merchants, perhaps propeling Fartcoin over $ 0.95 and towards psychological resistance at $ 1.00.
All eyes on $ 1.09 and beyond
According to the graph below, the relative resistance index (RSI) on the 4h graph is at 57 for Fartcoin, suggesting a bullish momentum but still a lot of space before entering an Sur-Abouti territory. This means that there remains enough gas in the tank so that the bulls push the higher price.
Source: tradingView
The most optimistic technical signal at the moment comes from Fibonacci extension levels. After a background close to $ 0.84, Fartcoin rebounded in the FIB trace area of 0.786, sitting just below the bar from 1.0 to 0.987 $.
If it erases this level with the volume, the following fibonacci extension targets are:
- 1.618 FIB = $ 1.095
- 2.618 FIB = $ 1.280
- 3.618 FIB = $ 1.465
- 4,236 FIB = $ 1.579
The merchants are considering this level of $ 1.095 as the next real uptime test. A net break greater than $ 1 could lead to a discovery of prices and a changing media renewed on social networks.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
