FARTCOIN Price Extends Rally With Clear Path for Further Gains

Key Takeaways

• Cup-and-handle breakout confirms bullish reversal after wave (v).
• Momentum is strong but nearing overbought—expect brief retracements.
• Fibonacci targets at $0.85–$0.98 align with wave (v) projection.
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Fartcoin (FARTCOIN) exhibits notable strength following a prolonged downtrend and a well-formed, rounded bottom pattern.

With bullish Elliott Wave structures playing out on higher and lower timeframes, the coin appears amid a rally.

This analysis leverages the 4-hour chart macro perspective and the 1-hour chart for short-term trade setups, offering a comprehensive view of current and projected price action.

FART Price Analysis

The 4-hour chart presents a textbook cup-and-handle formation.

After a long bottoming process reaching $0.20 at its lowest point, FARTCOIN has completed five impulsive waves (i)-(v), confirming a bullish reversal.

The rounded base and symmetrical breakout resemble classical accumulation and trend reversal behavior.

Fibonacci retracement levels drawn from the previous high ($2.72) to the local bottom ($0.20) indicate current resistance at 0.236 at $0.80, followed by $1.16 (0.382).

These levels align with typical correction targets after long bear markets.

The Relative Strength Index (RSI) shows continued strength with higher lows, suggesting momentum remains intact.

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However, the asset is approaching overbought territory, implying the possibility of brief corrections before pushing toward higher retracement levels.

FART Price Prediction

Zooming into the 1-hour chart, the Elliott Wave count suggests FARTCOIN is currently within wave (v) of a higher-degree impulse.

Wave (iii) peaked near $0.66 and was followed by a quick pullback, forming wave (iv) to $0.36.

The projected wave (v) should ideally target the Fibonacci extensions between 1.272 ($0.85) and 1.618 ($0.98), aligning well with the higher timeframe’s next resistance zones.

Looking at its sub-waves, we can see that wave iii is currently developing, with slightly more room for the upside.

The orange projection path outlines a potential short-term retracement (wave iv) before a rally to complete wave v.

RSI is cooling off from a recent peak, which supports the possibility of a minor dip before continuation.

Importantly, the bullish structure remains intact if the price exceeds $0.68.

This chart also suggests a possible bullish breakout beyond the upper trendline, potentially signaling the start of a steeper parabolic phase if wave v exceeds expectations.

Fartcoin is showing compelling signs of a trend reversal in structure and momentum.

While short-term retracements are healthy and expected, the medium-term bias remains bullish, with price targeting key Fibonacci resistance zones above $1.

A sustained move above $0.98 could trigger renewed interest and acceleration toward the $1.16–$1.45 range, offering strong upside potential.

Key Levels to Watch

• Immediate Support: $0.68 (bullish structure remains valid above).
• Resistance Zone 1: $0.80 (0.236 Fibonacci retracement).
• Resistance Zone 2: $0.85 (1.272 Fibonacci extension of wave (v)).
• Major Resistance: $0.98 (1.618 Fibonacci extension of wave (v)).
• Extended Target Zone: $1.16 (0.382 Fibonacci retracement), $1.45 (upper breakout potential).