As of June 1, 2025, Fartcoin $FARTCOIN is trading at approximately $1.13 USD, experiencing a 3.35% increase over the past 24 hours.
📊 Technical Analysis Summary
1. Relative Strength Index (RSI)
The 14-day RSI stands at 40.89, indicating neutral market conditions. This suggests that
#FARTCOIN is neither overbought nor oversold, and the market is in a consolidation phase.
2. Moving Averages
Short-Term (5, 10, 20-day): Mixed signals are observed. Some short-term moving averages suggest a buying opportunity, while others indicate a selling trend.
Medium to Long-Term (50, 100, 200-day): The 50-day Simple Moving Average (SMA) is currently above the price, signaling a bearish trend.
3. MACD (Moving Average Convergence Divergence)
The MACD line has crossed below the signal line, indicating a bearish crossover. This suggests a potential downward momentum in the near term.
4. Stochastic RSI
The Stochastic RSI is approaching the overbought territory, which may imply a possible price correction if the momentum doesn't sustain.
📈 Market Performance Overview
24-Hour Trading Volume: Approximately $104 million USD, indicating active trading.
7-Day Performance: The price has declined by 18.80%, underperforming the broader cryptocurrency market.
Market Cap: Around $1.13 billion USD, placing FARTCOIN among the top 70 cryptocurrencies by market capitalization.
🔍 Key Support and Resistance Levels
Support Level: The price is currently testing a support zone around $1.05 USD. A break below this level could lead to further declines.
Resistance Level: The $1.55 USD mark has acted as a significant resistance. Repeated failures to break above this level have led to price pullbacks.