Is Fartcoin Preparing for a Crash?

After months of viral momentum, Fartcoin may be losing steam. Once celebrated as the next big meme coin, its recent price movement and technical indicators suggest that a correction—or even a steeper crash—may be on the way. 

For many investors, the question is no longer how high it can go, but whether it can hold its current value.

Fartcoin’s Meteoric Rise — and Sudden Stumble

Since April, Fartcoin has been on a surprising run. Its price soared by over 360%, powered largely by social media hype and speculative interest. 

For a short time, it was a favorite among meme coin traders seeking quick gains. However, like many assets driven more by excitement than fundamentals, that momentum was not built to last.

Recent developments show that Fartcoin’s rapid rise may be reversing. Over the past week, the coin has fallen by 20%, triggered by a breakdown from a technical chart pattern known as a rising wedge. 

This formation often signals a bearish turn, and in Fartcoin’s case, it may be the start of a deeper slide.

Read also: Can Fartcoin Reach $10? Analyst Insights and Price Prediction for 2025

Traders Shift Away from Fartcoin

Market data suggests that many traders are starting to abandon Fartcoin. A significant sell-off occurred last Friday, resulting in the liquidation of around $7.74 million in long positions—making it the coin’s largest single-day wipeout to date.

While open interest in Fartcoin derivatives has risen slightly—by about 8%—the hesitation to place bullish bets remains clear. 

The long-to-short ratio now sits at nearly even, showing that the market is split. Some traders are holding out hope for a recovery, but many are positioning for further losses.

Price Analysis: What Comes Next?

From a technical standpoint, Fartcoin remains vulnerable. The collapse of the rising wedge pattern has not yet completed its full projected move. If the decline continues, prices could drop another 40%, targeting a potential low of $0.66.

Currently, the $1 mark has acted as temporary support. This level aligns with the 0.5 Fibonacci retracement, often seen as a common place for prices to stabilize. However, momentum indicators suggest the downtrend is not over.

The Relative Strength Index (RSI) has fallen to 44, dipping below the neutral zone and signaling weakening buying power. At the same time, the Moving Average Convergence Divergence (MACD) remains below the signal line, pointing to ongoing bearish pressure.

One technical level to watch closely is the 20-day simple moving average (20SMA), which served as key support during the coin’s upward trend. If Fartcoin can reclaim that level, it may avoid deeper losses. 

But unless the price climbs above the $1.15 resistance zone—where two recent daily candles were rejected—any recovery could be short-lived.

Read also: Can FARTCOIN Go Up After Its Recent Price Drop?

Is Sentiment Turning Permanently?

The broader shift away from Fartcoin may also be part of a wider trend among meme coins. As attention turns to newer or more stable opportunities, traders are beginning to reallocate their capital. 

The global investment mood is also cautious, especially as markets react to larger macroeconomic issues like tariffs and inflation.

Without new catalysts, Fartcoin risks slipping further from relevance. Speculative coins often rely on continuous hype and community activity to keep prices afloat. Once that momentum fades, a steep drop often follows.

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Frequently Asked Questions (FAQ)

Q: How much is 1 fartcoin? 

A: The price of Fartcoin (FARTCOIN) today is $1.16.

Q: Can fartcoin reach $10? 

A: Yes, FARTCOIN could potentially reach $10, but it's very uncertain. The coin has shown impressive growth since its launch, hitting the $1 billion market cap in less than four months, which suggests strong community support.

Q: Why is FARTCOIN falling? 

A: FARTCOIN is falling because it was rejected at a major supply zone of $1.55, which means many people sold their coins at that price. This triggered a downturn, similar to a previous price correction earlier this year.

Q: Who created FARTCOIN? 

A: Fartcoin was not created by human developers but originated from an AI experiment called "Truth Terminal." An AI agent proposed the idea for this memecoin during a conversation with another AI.

Q: Is FARTCOIN on Solana? 

A: Yes, FARTCOIN is a meme-based cryptocurrency launched on the Solana blockchain.