FARTCOIN is now showing signs of exhaustion, with some analysts expecting a sharp decline and others predicting a $10 rally.
By Parth Dubey
Editor Julia Sakovich
Updated
2 mins read
FARTCOIN FARTCOIN $0.86 24h volatility: 2.3% Market cap: $861.55 M Vol. 24h: $337.77 M , the meme token that recently took the crypto community by storm, has started showing signs of exhaustion.
At the time of writing, the sixth-largest cryptocurrency is trading at around $0.54, down by 6% in the past day. FARTCOIN recently gained traction after surging 130% in the past month, even as broader crypto markets stayed relatively muted.
Despite the latest pullback, the token’s market cap remains strong at $544 million—more than double what it was just a month ago. However, popular analyst Ali Martinez recently noted a potential “M” pattern formation on the 12-hour chart since March 12. He warned that if the structure plays out, FARTCOIN could drop to $0.21.
#Fartcoin is showing signs of an “M” pattern. If confirmed, it could send prices back to $0.21. pic.twitter.com/wKWZ31pqTJ
— Ali (@ali_charts) April 9, 2025
Meanwhile, analytics platform CryptoRobotics notes strong buy-side volume clustering around the $0.50–$0.52 price band. According to their analysis, if the token holds above this demand zone, traders could see the price surging to the previous local high of $0.65.
#FARTCOIN Analysis – Long Setup in a Bearish Market
— CryptoRobotics (@cryptorobotics) April 8, 2025
This coin appears stronger than the overall market. Even during Bitcoin's sharp decline, it maintained its position and only slightly corrected.
Currently, a strong volume zone has formed at $0.50–$0.52. We expect a reaction… pic.twitter.com/0ZUM1nmo8p
On the 4-hour FARTCOIN price chart, the RSI currently hovers around 56, suggesting that buyers and sellers are evenly matched for now. A further upward move could lead to a short-term bullish momentum.
Fartcoin Price | Source: Trading View
The Bollinger Bands show that FARTCOIN is testing the midline around $0.51 after bouncing off the lower band on April 7. If the meme coin closes sustainably above the midline, it could retest the upper band near $0.61.
However, failure to hold above the $0.52–$0.50 zone could result in a slide toward $0.44.
Meanwhile, the MACD recently flashed a bullish crossover, with the blue MACD line rising above the orange signal line.
Fartcoin Price | Source: Trading View
However, the histogram bars are flattening, suggesting that momentum may be fading. Notably, FARTCOIN’s 24-hour trading volume has seen a 17% drop, as per the data by CoinMarketCap.
#FARTCOIN is looking very strong irrespective of market conditions, the MM are doing a really great work here.
— Crypto General 🧲 (@DaCryptoGeneral) April 8, 2025
I am now looking out for coins that are holding strong in this bearish scenario and Fart coin is one of them.
It looks like it has bottomed out and is consolidating… pic.twitter.com/rAsoI2Coxm
It is important to note that market analyst Crypto General recently stated that FARTCOIN is currently consolidating below the breakout zone at $0.58. They predicted a bold price target of $10 for the meme coin, a nearly 20x jump from current levels.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
