Fartcoin is on the way to the restoration of the key psychological level in the amount of 1 US dollars, since it firmly withstands the excess of sliding medium -sized, challenging wider macroeconomic uncertainty.
Fartcoin (Fartcoin) was recently in the spotlight, consistently becoming the main gain on Coinmarketcap and Coingecko, despite the wider macroeconomic uncertainty of Trump’s tariffs. Currently, Fartcoin has grown by 7% at 0.92 US dollars, increased by 7% over the past 24 hours, by 60% over the past week and 160% over the past month. Now he is returning to the key psychological resistance of 1 dollar – the level that he was recently approached at the end of January.
After closing below the $ 1 dollar on March 28 with daily closure at 0.80 US dollars, Fartcoin Price made several brief attempts to restore the level. However, after March 31, the decline resumed, since the price continued to decline below $ 1, until it ultimately reaches $ 0.20. This level has become a key zone of support and, according to, indicates the bottom of a cup of a cup of a developing cup and the formation of a handle – a classic cards of a bull continuation, which often precedes a significant mischief.
During March, the price of Memoyan gradually rose, restoring the lost land when it completed the right side of the cup. Then there was a brief consolidation with a small rollback to the range of $ 0.85-0.90 US dollars, forming what, according to the visible, is the beginning of the pen.
If Fartcoin is restored, and then it will be possible to maintain the psychological level of $ 1.00 with an increase in volume, this can cause the development of bull continuation. Key sliding medium, including a 20-day exponential sliding medium and 50-day simple sliding average, additionally confirm this bull forecast. The bull crossover between them occurred on March 24, signaling the potential change in the trend, and since then the price has remained firmly higher both average.
In addition to bull moods, the relative force index is at 69.29, just below the threshold value of the overburden in 70 years. The movement above 70 can confirm the breakdown force, although it also increases the likelihood of a short -term profit failure. However, until the RSI remains increased, not diverging from the price, he still supports the case for the upcoming rally.
