FARTCOIN has experienced a notable price recovery in the past three months, with an uptrend helping the meme coin recoup losses from January and February. Despite this, it has not reached a new all-time high (ATH) yet, and the path to achieving one is uncertain. The Moving Average Convergence Divergence (MACD) indicator suggests that the bullish momentum driving FARTCOIN's rally may be waning, potentially leading to a price decline. Additionally, the Chaikin Money Flow (CMF) indicator indicates outflows from FARTCOIN, signaling investor profit-taking and a possible peak in price action. While a new ATH is still possible, market conditions may favor a price decline. If FARTCOIN fails to maintain support at $1.20, it could drop to $0.91. Conversely, breaking through the $1.54 resistance and securing $2.00 as support could indicate a bullish trend. This analysis serves for informational purposes only, and readers are advised to conduct their own research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news