Date: Mon, July 21, 2025 | 05:40 PM GMT
The broader cryptocurrency market continues to ride a bullish wave, led by Ethereum (ETH), which has surged 25% over the past week and is now trading above $3,775. This wave of bullish sentiment is spilling over into major memecoins — and Fartcoin (FARTCOIN) is flashing a technical setup that could hint at a major breakout.
$FARTCOIN has climbed 8% in the past 24 hours, extending its monthly rally to 80%. But beyond price gains, the chart reveals a fractal pattern that closely mirrors Pudgy Penguins (PENGU), which recently delivered a massive rally.
Source: Coinmarketcap
FARTCOIN Mirrors PENGU’s Breakout Structure
PENGU recently completed a textbook “Cup and Handle” breakout, a bullish structure often followed by explosive gains. After reclaiming its 75-day and 100-day moving averages as support and breaking out of its handle zone, PENGU blasted past its resistance, triggering a staggering 177% surge toward $0.0362.
PENGU and FARTCOIN Fractal Chart/Coinsprobe (Source: Tradingview
FARTCOIN is now tracing an almost identical structure. The memecoin is pressing against its key resistance zone between $1.54 and $1.65, the same type of level PENGU broke through before its sharp rally. Like PENGU, FARTCOIN has also flipped its moving averages into support, creating a foundation for potential upside.
What’s Next for FARTCOIN?
For the bullish fractal to fully play out, FARTCOIN must break decisively above $1.65 with strong volume. If successful, a move toward its previous all-time high at $2.74 could be on the cards — a potential 77% rally from current levels.
However, the setup still needs confirmation. Without a breakout, FARTCOIN could remain trapped in its consolidation range. But if the PENGU pattern is any guide, the odds favor the bulls if momentum carries through the resistance zone.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
