FARTCOIN Price Soars 30% as Market Cap Reaches $1.2 Billion

FARTCOIN’s price has risen more than 30% in the last 24 hours, bringing its market cap back to $1.2 billion and trading volume to $435 million. Despite this strong surge, technical indicators show mixed signals about the trend’s sustainability.

The ADX remains low, suggesting weak momentum, while the Ichimoku Cloud indicates potential resistance ahead. Whether FARTCOIN continues rising toward $1.99 or faces a pullback depends on whether buying pressure remains strong enough to sustain the current move.

FARTCOIN DMI Signals Trend Weakness

FARTCOIN DMI chart shows its ADX at 18.2, which has remained at that level over the past few days. The ADX (Average Directional Index) measures trend strength, with values below 20 indicating weak momentum, while readings above 25 suggest a stronger trend forming.

When ADX surpasses 40, it signals a strong trend in either direction. Since ADX is still under 20, it suggests that while an uptrend is forming, the overall momentum is not yet fully confirmed.

However, the +DI has risen sharply to 26.4 from 12 in just two days, while the -DI has dropped from 28.6 to 19.3, signaling a clear shift toward bullish control. This suggests that buyers are gaining strength while selling pressure is weakening, aligning with FARTCOIN 30% price increase in the last 24 hours. However, ADX is still below 25, signaling the current trend could not last that long.

If ADX starts rising above 25, it would confirm a stronger trend, reinforcing further bullish momentum. For now, price action suggests an uptrend, but sustained buying pressure will be key to maintaining the move.

FARTCOIN Ichimoku Cloud Shows Challenges Ahead

FARTCOIN, now the third biggest meme coin on Solana, has an Ichimoku Cloud chart showing a transition phase. The price is currently trading just below the red Kumo. The cloud ahead is bearish, indicating potential resistance in the near term, while the Tenkan-sen (blue) and Kijun-sen (red) lines are beginning to slope upwards.

This suggests that short-term momentum is picking up, but the price still needs to break fully above the cloud to confirm a trend shift. Meanwhile, the Chikou Span (green) is approaching past price action, signaling that the market remains in a recovery phase rather than a confirmed bullish breakout.

The cloud is thickening in the upcoming sessions, which could indicate stronger resistance as the price moves toward it. However, if FARTCOIN price continues to hold above the Tenkan-sen and Kijun-sen, it may sustain this upward momentum. The relationship between these two lines will be key – if the Tenkan-sen crosses above the Kijun-sen, it could indicate a strengthening bullish sentiment.

On the other hand, if the price fails to stay above them and the cloud expands downward, it would suggest that bearish pressure remains dominant, keeping FARTCOIN in a consolidation phase.

FARTCOIN Price Prediction: Will the Current Surge Continue?

FARTCOIN price is currently trading between support at $1.13 and resistance at $1.3, with its uptrend still in play. If the price successfully breaks above $1.3, the next key level to watch is $1.61. This would make FARTCOIN surpass SPX6900 and BONK in terms of market cap and become the 5th biggest meme coin in the market.

A breakout above that could push FARTCOIN toward $1.99, marking a potential 60% increase from current levels. Given the recent momentum, the price action in the coming sessions will be crucial in determining whether this rally can sustain itself.

However, the Ichimoku Cloud and ADX suggest that the current surge may not be strong enough to continue for long. If momentum weakens and the meme coin fails to hold its position, a drop back to the $1.13 support could follow.

Losing this level would shift the trend downward, with the next key support at $0.74. Whether FARTCOIN continues its upward push or reverses will depend on how it reacts to these critical price levels in the short term.