COINPURO - Crypto Currency Latest News logo COINPURO - Crypto Currency Latest News logo
Invezz 2025-08-12 15:54:58

Fartcoin price prediction as it slides below $1 amid a short-term bearish bias

The Fartcoin price has slipped back under the $1 mark as traders weigh a mix of technical weakness and macro uncertainty. At press time, the memecoin traded at around $0.87, with market snapshots showing a market capitalisation of the mid-$800 million. The 24-hour trading volume has, however, surged, reflecting panic-driven flows, and this has increased short-term directional risk. Critical support zone under threat From a technical standpoint, the FARTCOIN price breached the 30-day simple moving average near $1.677, and it also lost the 23.6% Fibonacci level, which accelerated stop-loss cascades. At the same time, daily RSI sits near the oversold territory and shows no bullish divergence yet, and MACD continues to favour the downside. The $0.82–$0.85 zone now serves as a critical support and also forms the daily chart neckline of a potential head-and-shoulders pattern. Fartcoin price analysis | Source: GeckoTerminal If that neckline breaks on a confirmed daily close, sellers could push the price toward $0.50, and in extreme scenarios, prices could test much lower levels near $0.05. In contrast, if buyers defend $0.82–$0.85, they could stabilise the price and prepare a retest of $0.90 and higher resistance bands. According to many market analysts, the $0.69–$0.73 band represents a strong liquidity base, with CoinLore’s analysis highlighting $0.7839 as the first needed hold for any upside attempt. Moreover, breaking $0.7839 would open the door to a deeper decline toward $0.5801, whereas reclaiming $0.9703 would clear the path toward $1.12 and then $1.30. Macro and ecosystem pressures weigh in With the US CPI data failing to meet analysts’ forecasts amid tariff worries, broader risk-off flows have hit memecoins hard, and Fartcoin’s ecosystem has not been immune. In addition, Pump.fun’s reported revenue collapse and the modest liquidity injections from the Glass Full Foundation — about $200,000 per day — remain small relative to average daily turnover, and thus offer limited defence in a full selloff. Moreover, top-wallet concentration, roughly 60% held by the largest 100 addresses, raises the risk of coordinated moves that could amplify volatility. Fartcoin price outlook: What traders should watch out for Going by our analysis, if the $0.82–$0.85 support holds and buyers step in with volume, a rebound toward $1.40–$1.60 will be possible. However, a confirmed breakdown would likely shift the market into a deeper corrective phase. FARTCOIN traders should look out for a confirmed daily close below $0.82 for a bearish confirmation, or for a daily close above $0.92, which would signal short-term relief for buyers. Moreover, volume inflows will be the key validation for any reversal, and failing that, the $0.77–$0.98 corridor will remain decisive. In addition, traders should keep an eye on exchange reserves and big-wallet behaviour, because large transfers to exchanges can presage further selling pressure. The post Fartcoin price prediction as it slides below $1 amid a short-term bearish bias appeared first on Invezz

最阅读新闻

coinpuro_earn
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约