The post Crypto Analyst Says an Explosive Move for Fartcoin Price Is Coming appeared on BitcoinEthereumNews.com.

Fartcoin (FARTCOIN) is down slightly by 0.68% at press time to trade at $1.18 today, July 7. Despite the slight correction, a renowned crypto analyst has predicted that the FARTCOIN price might be on the verge of a major upside move after it created a bullish candle pattern, suggesting that it could reach $2.28. Analyst Forecasts Explosive Gains For FARTCOIN Price Analyst CRG on X shared a bullish pattern that often shows that the price is about to head upward after a period of both buyers and sellers being undecided. Just like its name suggests, the inside bar consists of a candlestick whose entire height is within the range of the previous candle, known as the “mother bar.” The breakout from this pattern is equivalent to the height of the “mother bar”, which, in the case of the FARTCOIN price, is from $0.795 to $1.538, equivalent to $0.743. This means that if this top meme coin on the Solana blockchain breaks out from the resistance level of $1.538, it might reach $2.28. FARTCOIN Forms “Inside Bar” Pattern (Source: X) If the inside bar pattern plays out per the analysis, the price might rally by more than 93% from its current price to reach $2.28. Moreover, the analyst’s chart shows that in the last two weeks, the buying volumes have remained high, and if the SOL-based token can sustain this, it could drive gains. The likelihood of such a rally happening in the near term is also high because, as CoinGape reported, meme coins are blowing up after Elon Musk announced his support for crypto assets after forming a new political party. This might also be a key factor that drives the next FARTCOIN price rally. Open Interest Spikes to $754M Suggesting A Big Move Ahead The open interest for the…

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Filed under: News - @ July 7, 2025 7:23 pm