CandleFocus Analyzing FARTCOIN’s 31% Drop: Is a Two-Month Low Next?
2025-02-03
Author: Content Editor
Solana-based meme coin FARTCOIN has experienced a decline of 31% in value over the past week due to decreasing demand. This has caused its price to fall below the 20-day exponential moving average (EMA), indicating weakening momentum and a bearish shift. The falling Relative Strength Index (RSI) further confirms the waning buying activity in the market. If demand remains low, FARTCOIN could continue to decline and potentially reach a two-month low of $0.14. However, if market sentiment improves and buyers increase demand, the price of FARTCOIN could rise above the 20-day EMA and reach $1.13.
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