{"id":2184,"date":"2025-04-02T15:51:58","date_gmt":"2025-04-02T14:51:58","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=2184"},"modified":"2025-04-02T15:51:59","modified_gmt":"2025-04-02T14:51:59","slug":"fartcoin-nears-0-64-resistance-another-explosion-coming","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/fartcoin-nears-0-64-resistance-another-explosion-coming\/","title":{"rendered":"Fartcoin Nears $0.64 Resistance ! Is Another Explosion Coming ?"},"content":{"rendered":"\n

Fartcoin : A New Bullish Trend on the Horizon ?<\/strong><\/h2>\n\n\n\n

Short-term Fartcoin<\/strong> traders may find reasons to be optimistic. The daily chart indicated that the three-month bearish trend was coming to an end.<\/p>\n\n\n

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\"Fartcoin's<\/figure>\n<\/div>\n\n\n

Fartcoin appeared to be on the brink of establishing a bullish trend. The price trajectory of Bitcoin<\/a> (BTC) in recent days has been bearish, leading FARTCOIN into a 40% correction.<\/strong><\/p>\n\n\n\n

The corrective move ended on March 31, and the memecoin<\/a> <\/strong>gained 35%<\/strong> from the lows of $0.383<\/strong> on April 1.<\/p>\n\n\n\n

On the daily chart, Fartcoin <\/strong>seemed to be reversing its bearish trend. The 20 and 50-day moving averages<\/strong> formed a bullish crossover on March 28. In recent days, the 20-day moving average has acted as a price support level.<\/p>\n\n\n\n

The CMF has now crossed +0.088<\/strong> to signal significant capital inflows. Meanwhile, the OBV was about to surpass the late-February highs.<\/p>\n\n\n\n

Collectively, volume indicators showed increasing buying pressure<\/strong>, albeit not very concise. This meant that the likelihood of a bullish reversal was becoming stronger.<\/p>\n\n\n\n

Fartcoin has already surpassed the resistance <\/strong>at $0.3615<\/strong> and turned it into support. This move marked a shift in bullish<\/a><\/strong> structure. The level of $0.619<\/strong> will likely need to be turned into support next.<\/p>\n\n\n\n

Bullish Outlook for Fartcoin<\/strong><\/h2>\n\n\n\n

The 4-hour chart showed a possible Andrews’ Pitchfork formation over the past week. The median level of the pitchfork at $0.508<\/strong> has served as support in the past and could act as resistance in the hours following publication. The Mean Reversion Channel also has support at $0.46<\/strong>, which seems to be bouncing at the time of writing with FARTCOIN <\/strong>at $0.513<\/strong>.<\/p>\n\n\n

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\"Fartcoin's<\/figure>\n<\/div>\n\n\n

The 4-hour CMF was neutral following the significant correction from $0.63 to $0.39<\/strong>, marking the pitchfork extremes.<\/p>\n\n\n\n

In the recent hours, the rapid price rebound propelled the RSI <\/strong>above the neutral level of 50, reflecting a bullish momentum. Bulls would like to see the pitchfork median level at $0.508<\/strong> quickly turn into support, providing a long position reference.<\/p>\n\n\n\n

Moreover, Fartcoin’s liquidation heatmap showed significant liquidity at $0.556, $0.6, and $0.64<\/strong>. The liquidity pocket below the price was much further away and roughly equal in size to those above.<\/p>\n\n\n\n

Therefore, it was more likely for FARTCOIN <\/strong>to rise towards $0.64<\/strong> in the coming days rather than retracing back to $0.38.<\/strong> Traders can anticipate a rally towards the short-term pitchfork high at $0.63,<\/strong> and potentially higher.<\/p>\n\n\n\n

If Fartcoin manages to break the bearish trendline at $0.63,<\/strong> it could then aim for the next area at 80 cents.<\/p>\n\n\n\n

The support at $0.38<\/strong> must be maintained to avoid dropping to at least 27 <\/strong>cents. The next few hours will be crucial for the future of FARTCOIN, which stands at a crossroads where bulls and bears clash.<\/p>\n\n\n\n

Is Investing in the Memecoin Fartcoin Worth it?<\/h2>\n\n\n\n

In conclusion, technical indicators suggest that Fartcoin is on track to reach a new high at $0.64<\/strong>. With strengthening bullish signals, investors can expect a 22%<\/strong> rally in the coming hours. Keep an eye on this memecoin as it could pleasantly surprise on the upside today.<\/p>\n\n\n\n

Here is a practical guide to buy FARTCOIN on the Weex exchange <\/strong>in a few steps:<\/p>\n\n\n\n

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  1. Create a Weex account
    <\/strong>Visit the
    official Weex site<\/a> and sign up with your email or phone number.<\/li>\n\n\n\n
  2. Verify your identity (KYC)
    <\/strong>Complete the KYC verification by submitting an ID. This step is essential to unlock all trading features.<\/li>\n\n\n\n
  3. Add funds
    <\/strong>In the “Deposit” section, top up your wallet with cryptos (USDT, BTC, etc.) or via fiat (bank transfer, card).<\/li>\n\n\n\n
  4. Access the market
    <\/strong>Go to “Spot Trading,” search for “FARTCOIN” in the dedicated bar, and select the FARTCOIN\/USDT pair.<\/li>\n\n\n\n
  5. Make the purchase
    <\/strong>Choose a market order for an instant purchase or a limit order to set a specific price. Specify the desired quantity of FARTCOIN.<\/li>\n<\/ol>\n\n\n\n
    \n
    Complete your KYC to buy Fartcoin and receive $10 !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n