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Cryptocurrency News Articles
FARTCOIN has jumped 35% in the past 24 hours, reinforcing its ongoing recovery after months of consolidation.
Apr 01, 2025 at 07:31 pm
Fartcoin (FARTCOIN) is up 35% in the past 24 hours, currently trading at $0.52 with trading volume at $164 million. The surge is noteworthy as it indicates a strengthening recovery from the prolonged consolidation phase which ensued after the price crashed from its all-time of $2.48 high on Jan, 19.
Fartcoin (FARTCOIN) has surged by 35% in the past 24 hours, reinforcing its ongoing recovery after months of consolidation. The coin is currently trading at $0.52, with 24-hour trading volume at $164 million.
Fartcoin Price Today:
As of 18:38 ET (22:38 GMT), FARTCOIN is trading at $0.52, up 35% in the past 24 hours.
Fartcoin Chart:
On the Relative Strength Index (RSI), which measures oversold and overbought levels, FARTCOIN is at 59.26, approaching bullish territory but not yet overbought. Values above 70 indicate overbought levels, while readings below 30 indicate oversold territory.
The Moving Average Convergence Indicator (MACD), used to identify trend reversals, shows momentum is on the bulls’ side with the MACD Line (0.03618) above the Signal Line (0.02951). A MACD crossover occurs when the MACD Line crosses the Signal Line from above or below.
An MACD crossover above the Signal Line, in a bearish trend, indicates that the trend strength might be weakening and prepares traders for a potential bull trend. Conversely, when the MACD Line crosses the Signal Line from below, in a bull trend, it indicates that the trend strength might be weakening and prepares traders for a potential bear trend.
Fartcoin is approaching local resistance levels around $0.60–$0.70. A sustained push above these levels could confirm a full trend reversal, with the price potentially testing the major resistance at around $1.20 – $1.30, the level established when the price tried to recover after the crash from ATH in January.
The FARTCOIN price started rebounding from the $0.20–$0.30 range, where it has been consolidating from February to mid-March 2025, around March 19, when the price surged over 30% from $0.297318 to $0.395195.
The FARTCOIN price started rebounding from the $0.20–$0.30 range, where it has been consolidating from February to mid-March 2025, around March 19, when the price surged over 30% from $0.297318 to $0.395195.
During this consolidation period, trading volume was relatively stable, suggesting sellers had exhausted their momentum and accumulation was underway. March 24 marked the turning point, as FARTCOIN surged past $0.60, signaling the start of a breakout.
However, after briefly surpassing $0.60 on March 24, the price bottomed out around $0.40–$0.45. Buyers then stepped in, driving a steady climb with rising volume, culminating in today’s surge to $0.53.
However, after briefly surpassing $0.60 on March 24, the price bottomed out around $0.40–$0.45. Buyers then stepped in, driving a steady climb with rising volume, culminating in today’s surge to $0.53.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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