Memes

Fartcoin (FARTCOIN) Price Analysis: Smart Money Selling Flashes Warning Signs

Fartcoin (FARTCOIN) continues to consolidate to the north of $1 per token as Friday Asia trade gets underway, with chart analysis suggesting that the path of least resistance points at further upside in the weeks ahead.

FARTCOIN, a Solana-based humor and community-focused meme coin, has been the talk of crypto in wake of a stunning rally of more than 5x in the past few weeks since the early March lows.

The meme coin remains in a strong uptrend and, while a near-term drop back to major moving averages in the $0.83 and $0.57 areas is possible, momentum is strong right now.

One meme coin trader predicted new record highs for FARTCOIN in May.

Popular altcoin trader Alton Sharpa, meanwhile, posited in a recent X post that the recent dip back to $1.0 per coin could have been the near-term low.