Fartcoin Leads the Uptrend
As of Wednesday, Fartcoin recorded an increase of 1%, extending the upward trend by 19% from the previous session. The meme coin on the Solana platform has reclaimed both the psychological level of 1 USD and the Fibonacci level of 61.8% at 1.005 USD, measured from the peak of 2.740 USD (January 19) to the bottom of 0.198 USD (March 10).
To solidify the uptrend, FARTCOIN needs to break through 1.085 USD to eliminate the bearish engulfing candle that appeared on Monday. If successfully conquered, the uptrend could extend to the Fibonacci level of 78.6% at 1.562 USD.
