FARTCOIN Up 250% in a Month but Bearish Pressure May Return

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FARTCOIN has increased by over 40% in the past seven days and around 250% in the past 30 days, making it one of the best-performing assets among major meme coins.

This explosive price surge has attracted traders' attention, but recent indicators suggest momentum may be changing. Although the uptrend remains, signs of cooling buying pressure are beginning to emerge.

FARTCOIN's BBTrend Shows Potential Decline in Buying Pressure

FARTCOIN's BBTrend indicator is currently at 1.68, sharply dropping from 7.79 just two days ago, when the token experienced a near 43% price increase and became one of the best-performing assets among meme coins.

This significant BBTrend decline reflects a substantial cooling in price momentum after the explosive price rally.

Although the BBTrend value above 0 still indicates upward pressure, this sharp decline signals that the trend is losing strength and recent enthusiasm may be fading.

FARTCOIN BBTrend.FARTCOIN BBTrend. Source: TradingView.

BBTrend (Bollinger Band Trend) is a volatility-based indicator that measures trend strength and direction by analyzing price position relative to Bollinger Bands.

Positive values indicate price momentum, while negative values indicate price decline momentum; the further from 0, the stronger the trend.

With FARTCOIN's BBTrend dropping from high levels to near flat, this suggests price action is becoming range-bound and may be susceptible to correction if buying interest does not return soon.

FARTCOIN ADX Shows Uptrend Remains

FARTCOIN's ADX indicator is currently at 22.31, significantly increasing from 13.16 just two days ago, though slightly lower than yesterday's peak of 23.83.

The steady increase in Average Directional Index suggests that the uptrend of FARTCOIN is being consolidated, even as momentum temporarily peaks.

The transition from a low-trend environment to the low-20 range indicates growing confidence behind the recent price movement despite short-term volatility.

FARTCOIN ADX.FARTCOIN ADX. Source: TradingView.

ADX (Average Directional Index) is a widely used indicator for measuring trend strength, regardless of its direction.

Values below 20 typically signal a weak or non-existent trend, while values above 25 relate to strong and sustainable directional movement. With FARTCOIN's ADX climbing into the low-20 range, it is approaching a threshold where breakouts might gain momentum.

If this trend strength continues to consolidate, it could support further price appreciation, but price speculators would want to see ADX pushing above 25 to confirm momentum strong enough to sustain the uptrend.

Will FARTCOIN Surpass $0.80?

FARTCOIN's price is currently in an uptrend, and if price momentum is maintained, it may soon test resistance at $0.75.

A breakout above that level would be significant, potentially paving the way for a move towards $1 for the first time since February.

Such a breakout could attract attention and new trading volume, reinforcing the bullish case in the short term.

FARTCOIN Price Analysis.FARTCOIN Price Analysis. Source: TradingView.

However, the uptrend remains fragile, especially as the meme coin sector has struggled in recent months.

If FARTCOIN loses momentum and slips below the immediate support at $0.538, it could quickly drop to test the next critical areas at $0.38 and $0.35—two nearby support levels that might provide temporary support.

If both fail to hold, a selloff could accelerate towards $0.26 and even $0.19, although such a move would likely require a strong and sustained price reversal.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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