Fartcoin Threatened to Break Rp15,085, Whales Have Lost Trust? This is the Complete Analysis

Jakarta, Pintu News – The cryptocurrency market is in panic mode again, this time for Fartcoin (FARTCOIN) which is under severe selling pressure after a number of whales or large holders began to offload millions of dollars of their assets. The price of this memecoin plummeted to close to US$1.04 (IDR16,858) and is threatening to break the psychological support level of US$1.00 (IDR16,210). What are the next opportunities? Check out the full analysis below.

Fartcoin whales sell, bearish sentiment prevails

Data from Lookonchain reveals that one whale recently sold its entire Fartcoin holdings worth 4.53 million USDC for US$3.9 million (IDR63,219,000,000), incurring losses of up to US$631,000 (IDR10,228,510,000). Another whale offloaded 1.59 million FARTCOIN for US$1.71 million (IDR27,934,100,000) and immediately moved his funds to other memecoin projects such as SPX6900 (SPX), Bonk (BONK), and Pudgy Penguins (PENGU).

This action is a strong signal that the whales no longer believe in Fartcoin’s short-term potential. This massive transfer of funds also quickly sparked panic among retail investors, causing selling pressure to continue to mount in recent days in the crypto market.

Also Read: Ethereum Transformation Secrets – How Big of an Impact on Cryptocurrency Prices?

Retail Investors Retreat, Selling Volume Dominates the Market

Not only whales, retail traders have also begun a mass sell-off. Data from Coinalyze recorded a negative Buy-Sell Delta for the sixth consecutive day, where buying volume was only US$2.2 million (IDR35,662,000,000) while selling volume reached US$2.35 million (IDR38,073,500,000). The negative difference of US$129,000 (IDR2,092,090,000) reinforces the bearish trend that has been ongoing for the past week.

Not only that, Santiment data also showed negative sentiment for the fifth consecutive day. Bitcoin traders in general appear to be losing faith in Fartcoin’s prospects, adding pressure to prices on cryptocurrency exchanges.

Technical Indicators: Stronger Bearishness, Beware of US$0.938 Levels

Further analysis from AMBCrypto reveals technical indicators that reinforce Fartcoin’s bearish trend. The Relative Vigor Index (RVI) declined sharply, the RSI (Relative Strength Index) plummeted to 0.034 while the Signal Line rose to 0.11, signaling the downward momentum is getting stronger.

The Directional Movement Index (+DI) also decreased to 17, well below the neutral level. If this trend continues, Fartcoin has the potential to break the US$1.00 (IDR16,210) support and continue its decline to US$0.938 (IDR15,085). However, if the selling pressure subsides and buyers start to come back in, the opportunity for a rebound to US$1.20 (IDR19,452) is still open, provided that the US$1.00 support holds.

Conclusion

The sell-off by whales and retail traders has pushed the price of Fartcoin to critical levels. If the selling pressure does not subside soon, the risk of a drop to IDR15,085 is increasingly real. But in the highly volatile crypto market, there is also a chance of a rebound if buying interest returns. Traders are advised to always be vigilant and pay attention to the high risk in memecoin assets such as Fartcoin.

Also Read: Here are the Shocking Facts Behind Altcoins: Can it really be more profitable than Bitcoin?

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• AMBCrypto. Fartcoin whales jump ship: Will $0.93 be next? Accessed July 10, 2025.