Fartcoin is not just surviving, it’s strutting. The infamous memecoin is holding above its key moving averages like a cat that’s realized the dog has left the house (total swagger, absolutely no fear 😼).
Despite Trump’s tariffs (because those are in every headline these days), Fartcoin (yes, we’re still doing that name) is once again turning heads on CoinMarketCap and CoinGecko. Trading at about $0.92, it’s up 7% in the last 24 hours, 60% this week, and a no-you-didn’t 160% in the last month. The entire market is in a write-your-own-misery haiku, but Fartcoin is marching back to the so-important-it’s-literally-a-dollar $1 mark. Last time it was here? Late January, but honestly who counts months in crypto anyway?
On March 28, Fartcoin tripped and landed face-first at $0.80, closing below the $1 level as if to quietly utter, “Oops.” It tried to crawl back, but by March 31 it went full melodrama, bottoming out at $0.20. This, apparently, is the bottom of the “cup” in a textbook “cup and handle” formation—the sort traders get unnaturally excited about. Basically, everyone’s now hoping for the handle, as if this chart pattern is the world’s worst coffee mug.
Cue March montage: Price starts climbing back like it’s Rocky Balboa on Red Bull. It finishes the right side of the cup. There’s a little consolidation (the coin equivalent of “let me just catch my breath”). Price dips slightly to the $0.85–$0.90 range. This, smart people claim, is the “handle.” I’ll leave you to decide what you think it looks like.
Now if—gigantic if—Fartcoin reclaims $1 and hangs out there, especially with a bit more volume (or, more likely, more memes), a bullish rally could be next. The moving averages agree: The 20-day EMA and 50-day SMA did a lovely bullish crossover on March 24—that’s code for “something big might be brewing.” And since then, price has sat stubbornly above both, refusing to come down like an over-caffeinated squirrel.
And just in case numbers make you tingle: the Relative Strength Index is currently 69.29. Yes, make your own jokes. Anything above 70 means it’s about to enter full “overbought” territory—so strong hands, weak hands, everyone’s going to be sweating. But hey, as long as RSI doesn’t go rogue and part ways with price, the cup might overfloweth. 🚀
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2025-04-15 13:32