Fartcoin Price Prediction: Solana Meme Coin Pumps, Time To Finally Buy The Dip?
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Popular Solana meme coin Fartcoin is finally showing bullish strength. After a double-bottom formation at $0.29, the Fartcoin price surged nearly 40% to $0.40 on Friday. Despite a subsequent pullback to $0.34, Fartcoin price predictions from several prominent analysts claim that the meme coin has finally bottomed out and started a trend reversal. Others, however, are not convinced. The weakness in Bitcoin, Ethereum and Solana also isn’t inspiring much confidence among bulls. Fartcoin Price Prediction — Time To Buy The Dip? The AI meme coin hype certainly ran out of steam early in January. Prominent analysts revealed that coins like Fartcoin and ai16z completed a 5-wave impulsive upside move last month and were poised for a bearish reversal. Unsurprisingly, Fartcoin plunged over 80% from its January all-time high, dropping from $2.60 to $0.30 in less than a month. However, experts now believe that the Solana meme coin has bottomed out at $0.30. .@Bluntz_Capital got attacked for saying fartcoin was gonna go down at $2+I got attacked for saying it’s gonna go up at $0.30Study market psychology — CRG (@MacroCRG) February 21, 2025 Prominent analyst CRG reveals that the Fartcoin price has broken out of a multi-week macro descending trendline, typically considered an extremely bullish signal for meme coins. CRG opened a long position on the meme coin at $0.30 and has already secured impressive returns. He claims that Fartcoin’s mainstream popularity, its DEX liquidity and daily volume make it one of the best meme coins to invest in for 2025. However, other analysts aren’t convinced just yet. Altcoin Sherpa would prefer buying Fartcoin on the way up, noting that recent local bottoms have been short-lived and continue to follow a lower-high, lower-low structure. The weakness in large-cap crypto assets couldn’t be ignored as well. For instance, the…
Filed under: News - @ February 23, 2025 7:20 am