Can Fartcoin Rally 135% and Reclaim Its All-Time High?
Momentum Builds as Fartcoin Breaks Resistance
Fartcoin, the meme coin built on Solana, is gaining strong upward momentum as the broader crypto market rebounds. Recently, it crossed the critical $1 resistance level for the first time since January, marking a remarkable 460% rise from its 2025 low.
Outperforming the Meme Coin Pack
In recent weeks, Fartcoin has outpaced rival Solana-based meme coins such as Dogwifhat, Bonk, and Official Trump. This surge highlights growing investor interest, especially as on-chain data reveals a significant drop in exchange-held supply.
Shrinking Exchange Supply Signals Strong Holding
According to Nansen, only 14.08% of Fartcoin's total supply remains on centralized exchanges—down from 15.13% a week ago. This trend indicates a shift towards long-term holding, reducing immediate selling pressure. In contrast, Bonk holds 21.2% of its supply on exchanges, Dogwifhat 54.76%, and Popcat 28%.
Technical Outlook: Cup and Handle Pattern
Fartcoin’s eight-hour chart reveals a bullish cup and handle pattern, with a resistance ceiling at $0.9850 and a potential breakout target of $1.7590—about 55% above current levels. Surpassing this point could reignite a rally toward its all-time high of $2.73, a possible 135% surge from here.
Caution Ahead: Wyckoff Theory Implications
While optimism runs high, analysts warn that Fartcoin could soon enter the distribution or markdown phase of the Wyckoff cycle. These phases typically follow the euphoric FOMO-driven markup stage the coin currently appears to be in.
Conclusion
Fartcoin’s sharp rally, shrinking exchange reserves, and bullish technical setup suggest the potential for continued gains. However, as with all meme coins, rapid shifts in sentiment could just as easily spark a correction.
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