As reported in previous cryptocurrency news, Fartcoin has shown astonishing performance over the past month, growing by approximately 250% despite the overall market downtrend. However, signs of decreased buyer interest are emerging, which could lead to a wave of selling and profit-taking by token holders. Currently, Fartcoin has entered the overbought range, crossing above the upper band of the Bollinger Bands indicator. Additionally, the Relative Strength Index (RSI) is currently at 69.09, indicating proximity to the overbought range, reducing the upward momentum and increasing the likelihood of a price correction. In case of a weakening uptrend, the price of Fartcoin may drop to the support level of $0.74. If this key support is lost, a further drop to the $0.37 range is also possible. However, if the current uptrend is maintained, Fartcoin could continue its growth and even reach the $1.16 level. Visit the real-time digital currency price page to monitor all token and cryptocurrency prices live.
