FARTCOIN price has dropped to $0.9443, experiencing significant turbulence on April 27, 2025, following a substantial sell-off by a major holder.
A major holder dumped a huge amount of FARTCOIN tokens, which quickly went down in trading volume.
On April 23, 2025, whales liquidated $4.7 million worth of FARTCOIN tokens at $1.18 each, leading to increased volatility and subsequent price decline. In response to the shifting market dynamics, a strategic trader decided to swap $1.22 million worth of FARTCOIN for 78,671 TRUMP tokens. This move has largely shaken investors’ confidence and shifted their focus towards the TRUMP coin to maximize their gains. Consequently, FARTCOIN is losing its momentum in the marketplace.
As April 27 dawned, FARTCOIN showed signs of recovery after falling to $0.9443. The cryptocurrency, which had recently been a subject of interest due to a major holder dumping a substantial amount of tokens, showed signs of resilience as it rose from the brink.
FARTCOIN Top Levels Above $1 – April 26, 2025
On the 26th of April 2025, FARTCOIN trading day showed dynamic price action, highlighting a bullish momentum. During the early trading session, FARTCOIN began to rise quickly. But at 02:00 UTC, FARTCOIN met resistance at $1.0651 and began to experience a sharp fall. A Death Cross on MACD at $02:50 UTC affirmed this downtrend. At 07:40 UTC, FARTCOIN broke the support at $1.0193 and continued its downtrend. Finally, at 08:00 UTC, FARTCOIN encountered an RSI Oversold situation, indicating the trend reversal. As expected at 09:40 UTC, FARTCOIN found support at $0.9910 and experienced an uptrend. A Golden Cross on MACD at 10:20 UTC affirmed this uptrend.
Subsequently, at 13:05 UTC, FARTCOIN met resistance at $1.0177 and experienced a short decline. Later, at 13:55 UTC, FARTCOIN found support at $0.9980 and began to move in ascending channels. At 15:50 UTC, FARTCOIN encountered an RSI Overbought situation, indicating a possible trend reversal. Likely, at 15:55 UTC, the FARTCOIN price movement met resistance and experienced a short-term fall. A Death Cross on MACD at 16:00 UTC reasserted this downtime. However, at 16:15 UTC, FARTCOIN found support at $1.0243, moved up, and reached $1.0457.
At 18:05 UTC, a pin bar, followed by a full-body red candle, signaled a possible trend reversal. As expected, FARTCOIN met resistance at $1.0457 and began to fall. At 20:55 UTC, FARTCOIN found support at $1.0111, moved up, and closed at $1.0327.
FARTCOIN Recovers From $0.9443 – April 27, 2025
As illustrated in Chart 1, on April 27, 2025, FARTCOIN’s trading day kicked off with a short-term rise, demonstrating bullish momentum. But at 00:30 UTC, a pin bar, followed by a full-body red candle, signaled a potential downtrend. As expected, FARTCOIN price movement met resistance at $1.0457 and experienced a sharp fall. A Death Cross on MACD at 00:45 UTC reaffirmed this downtrend. At 01:30 UTC, FARTCOIN broke the support at $0.9980, breached a breakout, and dropped to $0.9443.
Substantially, at 02:30 UTC, FARTCOIN encountered an RSI Overbought situation, indicating a trend reversal. Likely, at 02:40 UTC, FARTCOIN found support at $0.9443 and began to move up. A Golden Cross on MACD at 02:50 UTC affirmed this uptrend. Later, at 03:55 UTC, FARTCOIN bounced back and reached $1.0034. At this level, at 04:30 UTC, FARTCOIN met resistance and experienced a brief fall. Considerably, at 05:10 UTC, a Golden Cross on MACD signaled an uptrend. Likely, at 5:30 UTC, FARTCOIN found support at $0
