FARTCOIN Just Pumped 250% But Might Be Running Out of Gas
April 15, 2025 at 4:20 PMby The Block Whisperer
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Solana-based FARTCOIN surges 250% in 30 days nearing $1, but technical indicators suggest correction ahead.
FARTCOIN just blasted 250% higher in 30 days while the rest of the crypto market was struggling to see green on the back of Trump's tariff plans.
The Solana-based meme coin is approaching the coveted $1 at a rapid rate that may just prove hot air does indeed rise.
With $447 million in 24-hour volume and a market cap nearing $700 million, FARTCOIN is proving that in crypto, sometimes the silliest names make the most serious gains.
FARTCOIN broke out of a falling wedge pattern more perfectly than a textbook example, sending chart-watchers into a buying frenzy.
On Balance Volume is rising as well, confirming that real money is flowing into this thing.
Trump's 90-day tariff pause announcement gave speculative assets the green light, and FARTCOIN took that signal more seriously than most.
From practically nothing to $0.75 in early April, this rally has been the kind that turns McDonald's employees into crypto influencers overnight.
But all that glitters is not gold… or flatulence – FARTCOIN is trading above its upper Bollinger Band like it's trying to escape Earth's atmosphere.
That's typically when gravity reminds traders it exists, usually in the form of a sharp correction that leaves latecomers holding bags.
The RSI is sitting at 69.09, just a whisper away from the 70 level that traditionally marks "too hot to handle" territory.
Smart money is starting to take profits while retail is still FOMOing in – a tale as old as crypto itself.
If the bears take control, FARTCOIN could quickly drop back to $0.74 support and leave latecomers feeling like they just got hit with a silent but deadly lesson.
Should that level break, $0.37 becomes the next target – a 50% haircut that wouldn’t be out of the question.
The bulls, however, have their eyes set on $1.16 – a Fibonacci level that traders respect more than their own trading strategies.
Resistance zones at $0.88-$0.90 and $1.15-$1.20 will determine whether FARTCOIN keeps rising or finally lets out its last gasp.
The Ichimoku Cloud is more bullish than you might expect, with FARTCOIN comfortably above the Tenkan-sen and Kijun-sen support lines.
DMI is telling an even more compelling story – with +DI at 36.94 and -DI at a mere 8.53, the bulls are clearly in control.
But the ADX reading of 39.93 suggests we're approaching the point where trends typically pause to catch their breath.
It's like watching a sprinter who's been going all-out for 100 meters – impressive, but not sustainable without at least a water break.
In the end, FARTCOIN's rise has nothing to do with utility and everything to do with market psychology and humor.
In a world where coins named after dog breeds can reach billion-dollar valuations, a gas-themed token is practically fundamental analysis.
The suspension of trade tariffs just gave traders an excuse to ape into high-risk plays with even more leverage than usual.
And somewhere, a group of developers is laughing all the way to the bank that their joke is now worth more than most serious startups.
FARTCOIN stands at a crossroads – either breaking through the $1 psychological barrier or experiencing the correction that many technical indicators are screaming is overdue.
For traders, this is the classic risk/reward scenario that crypto is famous for – potential face-melting gains versus equally devastating losses.
Whether you're in for the memes or the gains, just remember that what goes up 250% in a month can come down just as fast – especially when the coin is literally named after bodily functions.
Just don't be the one buying the top based on Twitter hopium while smart money is quietly heading for the exits.
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