Fartcoin (FART), the AI-backed memecoin cryptocurrency, blasted onto the scene

Fartcoin (FART), the AI-backed memecoin cryptocurrency, blasted onto the scene with 24.5% price pop in 24 hours,now trading at $0.4759.

Memecoin Fartcoin (FART) shot up 24.5% in the past 24 hours, now trading at $0.4759. The market cap crossed the $475m mark alongside trading volume of $162.73 million, showing signs of life.

After bouncing off a low of $0.3567, Fartcoin’s recent rally suggests the potential to challenge the highly sought-after $1 mark.

As traders keep an eye on this breakout, the question remains: Is this a signal to another explosive cycle, or just a blip?

According to Chainalysis data, Fartcoin has seen a significant surge in price action, showing renewed strength. In the past 24 hours, the token gained nearly 25%, and from its all-time low of $0.19866 back in March 2025, Fartcoin recovered over 130%.

The current price is sitting at $0.4759, approaching a short-term resistance zone near $0.50. A breakout above this area could pave the way for further upside in the near term.

Momentum indicators reflect a neutral-to-positive outlook. The Relative Strength Index (RSI) is holding at around 56.50—comfortably below overbought territory—signaling potential for continued upside.

The Moving Average Convergence Divergence (MACD) shows the MACD Line at 0.02080 while the Signal Line is at 0.02659, suggesting mild upward momentum, though not yet a confirmed bullish crossover.

Meanwhile, the Awesome Oscillator (AO) is in green territory at 0.07467, indicating growing—but still cautious—bullish pressure.

According to Fibonacci retracement analysis from the all-time low of $0.19866 back in 2018 and the time high of $2.61 in 2021, Fartcoin is currently trading below its first major Fib level.

If we have momentum take place and we break these levels, Fibonacci extensions show potential targets for vendors as high as $4.31.

Coming into 2025, Fartcoin’s seasonal chart shows a sharp volatility, recovery, and then volatility-rinse-repeat pattern. The price surged dramatically in late 2024, surging over 2,455%, only to correct sharply since then.

By early 2025, the price retraced roughly 60.78% from its all-time high of $2.61, showing a healthy retracement. That appears to set up the next leg up. Copious cycles of rapid price expansion, followed by a deep correction, have been the norm for Fartcoin and have occurred several times over a short cycle.

The re-establishment of price and increasing volume trends, along with the seasonal trend, could indicate that May 2025 could be the next primary leg up, which may position the token in reach of the $1 level.

Fartcoin’s rise to $0.4759 reflects strengthening confidence and community support in the project. Resistance near the $0.798 level, along with identified mid-term targets at $1.14 and $1.40, measured using fibonacci analysis, the road to $1 is looking rather likely.

More significant price movements would be difficult without support at $0.41 and $0.39 levels to maintain the bullish structure if consolidation occurs. Possessing good volume and seasonal origin momentum expected for around May, fartcoin’s journey toward $1 may be underway.