Is FARTCOIN Poised for an 80% Surge Again? The Chart Reveals a Shocking Secret Investors Can’t Ignore!
Ever wonder how a memecoin with a name like Fartcoin could turn heads and wallets alike overnight? Well, buckle up—because FARTCOIN just burst out with a cheeky 19% gain in the last 24 hours, catapulting its weekly uptick beyond 44%. This isn’t just a fluke; it’s riding the wave of a broader memecoin resurgence that’s pumping over 7% today, pushing the market cap past a hefty $34.81 billion. Among the top 200 cryptos, it’s not just making noise—it’s ranking seventh in daily gains and fourth among meme heavyweights. With Bitcoin’s price holding strong above $85,000, the market sentiment feels like it’s shifting gears. But here’s the twist—the FARTCOIN rally isn’t all smooth sailing. Traders are now staring down a crucial resistance at $0.22. Will the bulls break through this barrier, or is there a storm of sellers just around the corner? The stakes are high, and the plot thickens. Curious to find out how the charts, high derivative volumes, and institutional moves paint the picture for this cheeky contender? LEARN MORE
Fartcoin [FARTCOIN] is up more than 19% in the past 24 hours, bringing its weekly gains past 44%. This follows a broader memecoin market resurgence, over 7% today, with capitalization surpassing $34.81 billion.
Among the top 200 cryptos by market cap, FARTCOIN ranked seventh in daily gains and fourth among top memes. The market sentiment is shifting as Bitcoin [BTC] stays above $85,000.
However, FARTCOIN bulls face an immediate test as their rally unfolds. Can the resistance break?
FARTCOIN price approaches a KEY resistance level
On the charts, FARTCOIN is currently trading toward the $0.22 resistance zone where the memecoin had previously formed a double top. The double top pattern was followed by a falling wedge pattern that lasted for a month.
Following a breakout on the 17th of September, the memecoin entered a strong uptrend. Its Chaikin Money Flow (CMF) reading was at 0.40, indicating capital inflows, while the Cumulative Volume Delta (CVD) reinforced the buying activity.
As per the CVD, traders bought over 40.76 million FARTCOIN tokens on the Binance Futures market at the time of press.

A similar pattern breakout resulted in an 80% gain in the first three weeks of August. If history repeats, FARTCOIN’s price could rise another 40% from its current market price.
Otherwise, if bears at the $0.22 supply zone outweigh the bulls, the breakout may take longer. But here’s why that is not likely to happen.
High derivative volume and institutional on-chain activity
Looking at volume maps, it was clear much of the activity was in the derivative market.
The Futures Volume Bubble Map was overheating, indicating there was a sharp increase in leveraged long positions. The memecoin’s whale activity was in the Futures markets, as per CryptoQuant data.
However, both of its Spot Volume and Spot Average Order Size remained neutral.

But further analysis of the Spot activity revealed institutional involvement. For instance, HTX moved 842K tokens to its cold wallet, indicating accumulation in anticipation of appreciation above the buying price of $0.18.

On the other hand, Indodax deposited 603K tokens to their hot wallets to meet trading demand. Similarly, Wintermute moved a combined 1.7 million FARTCOIN to address active liquidity.
This institutional involvement in accumulation and meeting trading demand could steer the memecoin past the aforementioned resistance.
Final Summary
- FARTCOIN surged by over 19% in the past 24 hours, bringing its weekly gains to more than 44%, but bulls face a key test at $0.22.
- The rally was driven by a sharp increase in derivative volume and high on-chain activity from institutions.




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