Fartcoin has sharply dropped to 0.93 USD, facing significant selling pressure as technical and on-chain indicators weaken simultaneously.
The decline of Fartcoin reflects pressure from sellers, low trading volume, and cautious sentiment across the cryptocurrency market.
MAIN CONTENT
Fartcoin has sharply dropped to 0.93 USD, key support at 0.90–0.95 USD is under threat.
Open Interest decreased by 8.29% and short positions dominate, indicating the risk of continued price decline.
The network growth and social strength indicators are simultaneously weakening, confirming the downward price trend.
How has the price of Fartcoin fluctuated in recent sessions?
Fartcoin has faced prolonged selling pressure after breaching the 1 USD mark, reflecting cautious investor sentiment and a general downward risk trend across the market.
In the past 24 hours, Fartcoin has dropped 10% to 0.93 USD, continuing to trade around the support range of 0.90–0.95 USD. This weakness has appeared since mid-August, as technical and on-chain indicators simultaneously issued warning signals. The drop below 1 USD reinforces the downward trend, indicating weak buying power and the risk of further price declines.
The combination of low-volume trading and cautious sentiment in the cryptocurrency market is making meme tokens vulnerable to strong fluctuations.
Glassnode Insights, Cryptocurrency Market Report, 2025
Notably, weak liquidity and cautious investor sentiment, along with a stagnating cryptocurrency market, are negatively impacting Fartcoin's recovery momentum.
What are the current important support and resistance levels for Fartcoin?
Fartcoin is striving to hold above the support of 0.90–0.95 USD but continuously fails at the resistance levels of 1.32 USD and 1.40 USD.
After several rejections at the Fibonacci resistance level, selling pressure remains strong. The RSI index at 42 indicates significantly weakened buying power. The price of Fartcoin nearing the 0.90 USD bottom signals that significant volatility may occur ahead: breaking below 0.90 USD poses a risk of a deep drop; conversely, maintaining support could create a short-term bounce.
If key support levels are breached without improvement in liquidity and market sentiment, the likelihood of a deep correction for meme coins is very high.
Matthew Hyland, Technical Analysis Expert, Twitter/X, 2025
This price behavior indicates that the confrontation between buyers and sellers is still intense, with neither side holding absolute dominance.
What is the situation of Open Interest and Long/Short positions in the Fartcoin derivatives market?
Open Interest plummeted by 8.29% to 724.56 million USD with the majority of positions being short, confirming an advantage for the sellers.
According to data from CoinGlass, the Long/Short ratio is currently at 0.88, corresponding to 46.9% long orders and 53.1% short orders. This means that short positions are clearly dominant, indicating that investors are betting that the Fartcoin market will continue to drop in the short term. The decrease in Open Interest reflects a trend of profit-taking and reducing positions rather than opening new ones.
The decline in Open Interest often signals that investors are exiting positions, reflecting a lack of confidence in the potential for price reversals in the short term.
CoinGlass Report, August 2025
This derivative statistic reinforces the negative outlook for Fartcoin's price in the current context.
How are the network growth and social strength of Fartcoin currently fluctuating?
On-chain indicators confirm a weakening trend, as the number of new wallets and the social strength of Fartcoin decreased significantly in August.
Data from Santiment shows: Fartcoin's Network Growth on August 16 recorded only 201 new wallet addresses – a significant drop from the peak of over 12,000 wallets in July. Meanwhile, Social Dominance reached only 0.096%, much lower than the peak of 0.35% at the end of July. This reflects a decline in interest and participation in the Fartcoin ecosystem.
According to Santiment's report, this is a signal that the speculative cycle is gradually weakening, contributing to a reduction in long-term growth momentum and confidence in the project.
When the rate of new wallet openings and social discussion rates decline simultaneously, the risk of losing momentum in meme coin investments is very high.
Santiment On-Chain Trends, August 2025
In reality, in the meme coin market, community outreach and network growth are key factors determining long-term viability.
Does Fartcoin have a chance to recover or will the risk of a deeper drop continue?
The risk of Fartcoin dropping further remains if there are no signs of improvement from buying strength and on-chain activity.
To reverse the trend, Fartcoin needs to regain key resistance levels while strong growth signals appear on the network. However, the low trading volume, ongoing selling pressure, and weakening on-chain indicators pose a significant risk of breaking the 0.90 USD support level. During this phase, investors need to exercise caution and consider risk management.
The recovery of Fartcoin currently depends heavily on the overall sentiment in the cryptocurrency market as speculative capital is trending to withdraw from risky assets like meme coins.
Index Early July 2025 Mid-August 2025 Fartcoin Price Above 1 USD 0.93 USD Network Growth Over 12,000 wallets/day 201 wallets/day Social Dominance 0.35% 0.096% Open Interest About 790 million USD 724.56 million USD
Frequently Asked Questions
What caused the recent price drop of Fartcoin?
The main reasons are continuous selling pressure, weakened demand, low trading volume, and technical and on-chain indicators showing negative signals.
What are the current important support and resistance levels for Fartcoin?
Strong support at 0.90–0.95 USD; key resistance levels are 1.32 USD and 1.40 USD.
What does the decline in Open Interest reflect?
The decrease in Open Interest indicates that investors are closing positions, reflecting a lack of confidence in short-term reversal potential.
How is the number of new wallets for Fartcoin currently fluctuating?
The number of new wallets has sharply decreased to only 201 wallets/day in mid-August 2025 compared to over 12,000 wallets/day in July 2025.
What is the current strength of the social theme surrounding Fartcoin?
Social Dominance has dropped to only 0.096%, significantly lower than the peak of 0.35% at the end of July 2025.
What are the upcoming price prospects for Fartcoin?
The risk of continued price declines exists if there is no improvement in demand strength as well as network and social indicators.
What advice is there for trading Fartcoin at this moment?
It is advisable to closely monitor support-resistance movements and manage risks as strong fluctuations can occur at any time.
Source: https://tintucbitcoin.com/fartcoin-doi-gi-sau-moc-090-usd/
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