Fartcoin (FARTCOIN), the Solana-based meme coin that’s captured crypto’s comedic spirit, shows signs of a bullish breakout after rebounding from a market dip. The token has risen over 40% in the past month, drawing attention from technical analysts and whales. FARTCOIN currently trades at $1.3, after securing an over 28%

• Fartcoin jumped 28% over the past 24 hours, rising from $1.16  to $1.36 as whale activity picked up.
• Despite a market dip, a crypto whale purchased over $1.3M of FARTCOIN, signalling strong confidence.
• Bullish technicals and recent Hyperliquid listing could send FARTCOIN toward $2.74 or higher.

Fartcoin (FARTCOIN), the Solana-based meme coin that’s captured crypto’s comedic spirit, shows signs of a bullish breakout after rebounding from a market dip. The token has risen over 40% in the past month, drawing attention from technical analysts and whales. FARTCOIN currently trades at $1.3, after securing an over 28% increase in trading volumes in  the last 24 hours.

Despite a weekly 7.1 % correction to $1.34 that wiped out over $130 million in market cap, Fartcoin’s momentum appears intact. A key signal of this confidence came when a notable whale purchased 1.14 million FARTCOIN tokens—worth roughly $1.37 million.

According to Lookonchain, the same investor has allocated $5.86 million into Solana-based meme coins and currently holds $658,000 in unrealised profits. This vote of confidence, especially during a pullback, underscores strong institutional or high-net-worth support for FARTCOIN.

Further, as FARTCOIN consolidates near key support, bullish indicators and increasing investor interest suggest a possible run toward the $2 level and beyond.

Technical Indicators Reflect Bullish Momentum

Fartcoin’s 4-hour price chart reveals conflicting signals. The technical chart displays a typically bearish descending triangle pattern, but price action within an ascending channel and recent bullish reactions suggest otherwise.

The coin is flirting with the lower boundary of its Bollinger Bands, a setup that often precedes a high-volatility move. However, the MACD is slightly bearish, and the RSI is sliding at 52, a neutral zone. FARTCOIN remains above its 20-day SMA. A breakout above $1.40 could invalidate the bearish thesis.

Seventeen technical indicators now signal a bullish outlook, while only three flash bearish warnings. Meanwhile, moving averages across various timeframes—from 3-day to 50-day—suggest “Buy” signals.

The Fear & Greed Index currently sits at 71, indicating Greed, with bullish sentiment reflecting optimism from traders and long-term holders.

Listing on Hyperliquid and Price Forecasts Up to $2.74

FARTCOIN’s recent listing on tier-1 decentralised exchange Hyperliquid which happened on May 13, catalysed a sharp rally from $1.25 to $1.45 within 24 hours.

Analysts identified this move as a bull flag breakout, hinting at further upside. Open Interest surged to $288.41 million, according to Santiment, signalling amplified market activity and derivatives demand.

According to technical predictions, short-term resistance lies at $1.40, $1.45, and $1.48. If Fartcoin breaks above the critical $1.55 resistance zone, the path opens to $2.13, potentially toward its previous ATH of $2.62.

Some forecasts place FARTCOIN at $1.68 by May 26, 2025, while others extend price targets to $2.74 or even $3, contingent on volume spikes and bullish sentiment.However, if selling pressure intensifies, failure to hold current levels could trigger a retreat to $1.14, $1.09, or possibly the $0.98 zone.

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