#Fartcoin

Trade now. . ❤❤👍👍✌✌🙏🙏

𝘾𝙧𝙮𝙥𝙩𝙤 𝘼𝙣𝙖𝙡𝙮𝙨𝙩 𝙎𝙖𝙮𝙨 𝙖𝙣 𝙀𝙭𝙥𝙡𝙤𝙨𝙞𝙫𝙚 𝙈𝙤𝙫𝙚 𝙛𝙤𝙧 𝙁𝙖𝙧𝙩𝙘𝙤𝙞𝙣 𝙋𝙧𝙞𝙘𝙚 𝙄𝙨 𝘾𝙤𝙢𝙞𝙣𝙜

Fartcoin (FARTCOIN) has recorded a 2.32% gain today, July 7, while the daily trading volumes have increased by 120%, indicating strong interest among traders. Amid these gains, a crypto market analyst has forecasted that the Fartcoin price is about to make an explosive move due to an “inside bar” pattern that has emerged on the two-week chart.

Analyst CRG on X shared a bullish pattern that often shows that the price is about to head upward after a period of both buyers and sellers being undecided. Just like its name suggests, the inside bar consists of a candlestick whose entire height is within the range of the previous candle, known as the “mother bar.”

The breakout from this pattern is equivalent to the height of the “mother bar”, which, in the case of the FARTCOIN price, is from $0.795 to $1.538, equivalent to $0.743. This means that if this top meme coin on the Solana blockchain breaks out from the resistance level of $1.538, it might reach $2.28.

If the inside bar pattern plays out per the analysis, the price might rally by more than 93% from its current price to reach $2.28. Moreover, the analyst’s chart shows that in the last two weeks, the buying volumes have remained high, and if the SOL-based token can sustain this, it could drive gains.

The likelihood of such a rally happening in the near term is also high because, as CoinGape reported, meme coins are blowing up after Elon Musk announced his support for crypto assets after forming a new political party. This might also be a key factor that drives the next FARTCOIN price rally.

The open interest for the FARTCOIN meme coin has increased significantly, and it is up by more than 8.4% to $754 million according to data from Coinglass. This OI is the second-highest among meme coins after Dogecoin (DOGE).