Fartcoin’s 20% Decline: Will It Recover or Continue to Fall?
Fartcoin plummeted 20.73% in 24 hours, with trading volume surging 54.53% to $285.16 million. The coin now hovers at $0.8562, extending a seven-day slump of 13.77% as bearish momentum intensifies.
Analyst CryptoPulse identifies $0.7175–$0.6175 as a critical support zone, noting its alignment with a fair value gap. A rebound from this range could propel Fartcoin toward $1, while failure to hold risks invalidating recovery prospects.
The RSI reading of 36.19 suggests oversold conditions may trigger a corrective bounce. Traders monitor these technical levels closely as volume spikes signal heightened market participation in the downturn.