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bitcoin
Bitcoin (BITCOIN)
$119,969 1.67%
ethereum
Ethereum (ETHEREUM)
$3,641 6.42%
binancecoin
BNB (BINANCECOIN)
$743.75 3.77%
solana
Solana (SOLANA)
$183.67 6.57%
ripple
XRP (RIPPLE)
$3.53 12.29%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000016 8.76%
pepe
Pepe (PEPE)
$0.000014 5.09%
bonk
Bonk (BONK)
$0.000036 -6.34%
bitcoin
Bitcoin (BITCOIN)
$119,969 1.67%
ethereum
Ethereum (ETHEREUM)
$3,641 6.42%
binancecoin
BNB (BINANCECOIN)
$743.75 3.77%
solana
Solana (SOLANA)
$183.67 6.57%
ripple
XRP (RIPPLE)
$3.53 12.29%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000016 8.76%
pepe
Pepe (PEPE)
$0.000014 5.09%
bonk
Bonk (BONK)
$0.000036 -6.34%
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Fartcoin Price Prediction – FARTCOIN Likely Headed to $2 Soon

Highlights:

  • Fartcoin is trending along a bullish channel
  • Sustaining this momentum could see Fartcoin hit $2 soon
  • A growing ecosystem is likely to trigger a rally to $2, and more, soon

Fartcoin (FARTCOIN) is one of the top meme coins sending strong signals today. Alongside other top meme coins, Fartcoin is up by over 20% in the last 24 hours. Fartcoin was up by 22.4% to trade at $1.49 when writing. Fartcoin’s trading volumes have also rallied in the previous 24 hours. 

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Its 24-hour volumes are up by 124.79% to $530 million. The surge in volumes at a time when the price is recording 20%-plus gains indicates that bullish sentiment is getting stronger for Fartcoin. As such, there is a good chance that the price could be headed much higher in the foreseeable future. A couple of factors support the rising price momentum for Fartcoin in the short term. 

Fartcoin Driven By Rising Market Optimism That Altseason Is In

One of them is the rising market optimism that altseason has started. Bitcoin has made quite a strong showing recently after pushing past $120k. Ethereum has made a strong comeback and is now edging closer to $4000. When these two top cryptocurrencies move, the rest of the market responds with parabolic price moves, especially in the memecoin segment of the market. Thanks to its strong social media community, Fartcoin is one of the most visible meme coins on the market.

Fartcoin is among the more credible meme coins in the market today, where thousands of altcoins exist but continually scam investors. This and its strong price action this week are likely drawing in investors in the short term, looking for the next big meme coin for this altseason. As its performance continues to stand out, Fartcoin could see a flood of FOMO-driven buying in the foreseeable future. The result is that the price could soon rally to new highs, especially if Bitcoin sends indications of a rally to $200k within the year.

Fartcoin Unaffected By Whale Selloff – Pointer to Strong Underlying Demand

After recent whale action, Fartcoin is also gaining momentum, which has revealed strong underlying demand. Following the launch of PUMP, two whales unloaded more than $6 million worth of FARTCOIN for PUMP. For most meme coins, such a big dump by whales would have triggered a selloff.

However, Fartcoin’s price remained mostly unchanged. The price has since made an even stronger rally, culminating in the pump of the last 24 hours. Such pointers to underlying strength are likely to inspire confidence in investors to keep buying. The result is that Fartcoin could soon rally to new highs, especially if the broader market maintains the current momentum.

Analysts Bullish On Fartcoin and Driving Positive Sentiment

Fartcoin is also getting a lot of positive ratings from analysts, many of them pointing to it as one of the best meme coins to watch in this bull run. One of the factors that analysts that analysts believe could sustain Fartcoin’s bullish momentum is its integration with Crypto Payroll solutions. Analysts think this will likely improve Fartcoin’s liquidity while making it acceptable to a broader class of investors. Among the groups likely to drive this demand are businesses looking to make cryptocurrency payments part of their systems.

Technical Analysis – Fartcoin Making Higher Lows In A Bullish Channel

For the last 48 hours, Fartcoin has recorded substantial gains while making higher lows. This is a strong bullish signal as every slight correction is quickly bought up.

Fartcoin
Source: TradingView

If this price action continues, the next key level to watch is the 48-hour high of $1.54. If bulls are strong enough to take out this high, Fartcoin could soon rally to $2 or higher in the short term. If bulls fail to take out the $1.54 resistance, then a consolidation around it could follow in the short term. Overall, Fartcoin is bullish and is backed by a broader market that is also strongly bullish.

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Best Crypto Exchange

  • Over 90 top cryptos to trade
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  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

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