Will FARTCOIN Crash 45%? Traders Fear the Meme! 😂🚨

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Hilarious Hype or Heroic Halt? The FARTCOIN Saga Continues!

  • FARTCOIN clung stubbornly around $1.27 after an 8.5% daily jump, but alas, the volume shrank 35%, as traders decided to play hide and seek with their confidence.
  • Spot inflows hit $225.78K, hinting that holders might be plotting their grand escape, just in time for the meme coin’s rollercoaster ride.

In the theater of market chaos, Fartcoin [FARTCOIN] exhibits signs of weakness that even a clown would find embarrassing—price nuances and sentiment trails whispering of inevitable decline in the days to come. Ah, the irony of a meme coin trying to be serious! 🤡

This bearish whisper was born after our beloved memecoin skyrocketed over 70% in just a month, making traders laugh or cry—perhaps both—at the absurdity of it all.

Price Rises, But Traders Hide in Caves

At this moment, FARTCOIN is dancing near $1.27—up 8.5% in a single day. A triumph, perhaps, on the back of hitting a support level—support for what, one wonders? A trampoline or just wishful thinking? 🎢

Amidst this orchestral chaos, traders and investors seem to have gotten cold feet, leading to a 35% plunge in trading volume. Maybe they’re too busy laughing or crying, who can say?

They’ve built enormous positions—$15.17 million longs on the support, $1.81 million shorts on the resistance—doing their best to bet on the coin’s future, which might be a fool’s gambit.

Market chart

In just 24 hours, these hefty bets suggest a fleeting bullish outlook—if only market mood were as predictable as a cat’s curiosity.

FARTCOIN’s Twisted Tale and Future Levels

Based on AMBCrypto’s crystal ball—err, technical analysis—FARTCOIN appears to be in slippery waters, ready to break its support like an overconfident hero falling on his sword.

On the daily chart, it’s forming a bearish rising wedge—imagine climbing a ladder only to realize the bottom’s falling out. The pattern is so tight it’s practically shouting, “Break me, please!”

With the recent dip, the price reached the lower boundary and is teetering on the brink of breakdown. Say it’s not so! 🚧

Price pattern

If FARTCOIN closes below $1.15, brace yourself for a 45% drop—down to roughly $0.62, or less than a decent cup of coffee.

But wait, a heroic breakout above $1.65 could flip the script and launch us into a 60% rally toward $2.73—more than enough to buy a fancy latte or two! ☕️

Technicals twitch warnings already: RSI slid from a decent 67 to a neutral 55, like a teenager’s mood swing—fading momentum, unless someone tweets a miracle.

And a popular crypto pundit warned on X that a 50% crash might be lurking—sounds like the stuff of a tragic comedy, doesn’t it? 🎭

On-chain gossip and Exchange Drama

On-chain insights from CoinGlass reveal that exchanges are bulking up with $225.78K worth of FARTCOIN, ready to be offloaded quicker than you can say “pump and dump.”

On-chain inflow

This suggests the long-suffering investors might soon throw in the towel, pushing prices lower—because what’s life without a little market misery? 😅

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2025-05-18 21:16