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Cryptocurrency News Articles
Fartcoin Price Prediction: FARTCOIN Skyrocketed 24% in the Last 24 Hours to Trade at $2.32
Jan 20, 2025 at 07:30 pm
The Fartcoin price skyrocketed 24% in the last 24 hours to trade at $2.32 as of 4:00 a.m. EST on trading volume that soared 74% to $753.24 million.
The Fartcoin price skyrocketed 24% in the last 24 hours to trade at $2.32 as of 4:00 a.m. EST on trading volume that soared 74% to reach $753.24 million.
Fartcoin’s price has been on a steady rise ever since Jan. 14. In the past week, the token’s price has skyrocketed 215%, going from $0.71 to $2.27 at the time of writing. In other words, the 24% surge in the last 24 hours is only the latest increase that the project has seen.
It is worth noting that Fartcoin has been battling against a resistance at $2.25 throughout the last day, attempting to breach it multiple times only for its price to get rejected back down to $2. However, with Bitcoin’s price managing to climb up to $107.8k per coin, many altcoins, including FARTCOIN, are pushing against their own resistances and could end up breaching them alongside the oldest cryptocurrency.
Fartcoin Price Prediction
Fartcoin’s price has seen strong movement over the last 24 hours, fluctuating between the upper and lower boundaries of the Bollinger Bands indicator. The bands themselves have been fairly wide ever since Sunday morning and have only seen one major narrowing since then, which was about four hours prior to the time of writing.
At the time, the price dropped to the lower band once again, reaching the support at $2. However, traders quickly reacted, buying the dip and pumping it yet again. As the price rose, it then pushed the upper band further up, leading to another widening.
While the project’s price has pushed both bands in equal measure, the fluctuations have been fairly contained by the two levels — $2 and $2.50. This technical support and resistance kept the price from going further up or down throughout the last 24 hours, although this could change soon, as the market seems to be on the move again after this short period of relative stability.
Fartcoin’s Relative Strength Index (RSI) echoes the price’s movements, with the indicator fluctuating strongly over the past 24 hours. After initially reaching the value of 85 early Sunday morning, the RSI dropped to the neutral zone and then climbed back up to the value of 70 – the edge of the overbought area.
The last 12 hours, however, have seen it fluctuate between 40 and 60, or 65 in some cases. Currently, it is ascending from 65 to 40 once more, which could lead to traders buying the dip and pumping the price back to $2.50, or potentially beyond.
Overall, this performance suggests that there was an initial push, followed by controlled trading that saw traders push the value up to the overbought zone before taking profit. As time moved on, the uncertainty grew, and the fluctuations decreased, which also led to the narrowing of the bands.
However, with the start of the new week, which will see Trump finally get back into the Oval Office, the hype is slowly starting to build among crypto traders, particularly in the meme coin sector. This could result in a major rally for the Fartcoin price.
Promising Alternative To Fartcoin
If you think that Fartcoin has reached its limit for the time being, there is a new meme coin called Flockerz (FLOCK) that will launch at the ideal time to benefit from a potential crypto market rally. The crypto has become quite popular among crypto investors and aims to be a truly community-centric project.
The team behind Flockerz have created a new model called Vote-To-Earn, which allows its token holders to join community governance and receive rewards in the form of additional FLOCK tokens whenever they vote on a new proposal. This is a unique way to keep the users interested in the project’s governance and maintain high levels of decentralization.
Meanwhile, it also offers high staking rewards. So, if you stake FLOCK tokens that you get from voting, you get to earn even more over time. With regular participation in the voting process, coupled with patience and discipline, you could easily turn Flockerz into a money-making machine, and many have realized this over the last few months of its presale.
The Flock is making it rain in Flocktopia!!! 🤑
11M Raised! 🐦🔥 pic.twitter.com/jxZwROeS5W
— Flockerz (@FlockerzToken) January 19, 2025
This is why the FLOCK ICO blew up, raising over $11.23 million as of Jan. 20. However, the ICO will end in only two days from now, so anyone interested in taking
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