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Jakarta, Pintu News – Fartcoin, one of the popular meme coins, is showing a bullish trend again. In recent weeks, the price of Fartcoin has surged more than 100% from its lowest point, reaching a high of $0.41 before experiencing a decline.
Check out the full analysis below!
Leading crypto analyst CRG considers Fartcoin a crypto market risk barometer. The coin shows significant bullish strength when the general market sentiment improves.
GMI macro analyst Julien Bittel has indicated that there is a high probability of a large crypto rally in the second quarter, driven by an increase in the global M2 money supply. Bitcoin (BTC) may reach new record highs in the coming quarter, and Fartcoin seems to be leading the rally.
After the post-FOMC rally, Fartcoin crossed the 200-period exponential average in the 4-hour chart for the first time in over a month. Technical analysis from TradingView gives a “buy” signal on the 4-hour chart and a “strong buy” if only considering the moving averages indicator.
Also read: 4 Memecoins to Hunt for in April 2025
Although Fartcoin shows bullish long-term potential, investors are advised to wait for further confirmation before entering.
Altcoin Sherpa, bullish on Fartcoin in the long term, suggests that the coin needs to cross the $0.38 – $0.40 range to rally towards $0.65.
Waiting for the coin to stabilize above that resistance level could be a safer and potentially profitable strategy.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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