The price of FARTCOIN has surged more than 30% in the last 24 hours, bringing its market cap back to $1.2 billion and trading volume to $435 million. However, technical indicators show mixed signals about the sustainability of this trend. The ADX and Ichimoku Cloud suggest potential resistance and weak momentum. The DMI chart shows a shift toward bullish control, but with ADX still below 25, the current trend may not last long. Sustained buying pressure will be key to maintaining the upward move. The price is currently trading between support at $1.13 and resistance at $1.3, with the next key level to watch being $1.61. If the price successfully breaks above these levels, it could potentially reach $1.99. However, the Ichimoku Cloud and ADX suggest that the current surge may not be strong enough to continue for long, and a drop back to support levels could follow.



Other News from Today