FARTCOIN Price Outpaces Crypto Market — Sets Sights on $1 Next

Key Takeaways

• Fartcoin has increased over 300% since its March lows.
• The price could be in wave B of an A-B-C corrective structure.
• What is the most likely level at which Fartcoin can hit its local top?
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Fartcoin has been the biggest gainer in the past 30 days, not just on Solana but across the entire large-cap memecoin ecosystem.

Since March, Fartcoin has increased over 350%, outpacing nearly every major crypto asset.

With Fartcoin approaching a critical resistance level, the question is whether the crypto has enough momentum to break out and move to new highs.

Let’s examine the charts and see what will happen.

Fartcoin Price Rally

The daily time frame of the Fartcoin chart shows that the rice broke out from a descending wedge in mid-March.

The rally led to a high of $0.99 on April 11, a 360% increase since the March lows.

While Fartcoin created two long upper wicks and a bearish candlestick (black circle), it negated the weakness by making a bullish engulfing candlestick afterward.

The closest horizontal resistance area is at $1.17.

Technical indicators are still bullish even though they are almost overbought.

The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) trend upward, and neither has generated any bearish divergence.

Correction or Reversal?

The wave count shows that Fartcoin completed a five-wave upward movement (green) starting in October 2024.

The increase ended with the all-time high price of $2.73 in January 2025.

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If the count is accurate, FARTCOIN has corrected in what is likely an A-B-C structure (red).

If so, the price is likely nearing the top of wave B. This corrective movement is contained in an ascending parallel channel. 

Giving waves A and C the same length leads to a low of $0.07, depending slightly on where wave B ends.

A breakdown from the channel will be the first step in confirming this count, while a close below $0.40 will verify that new lows are likely.

The most likely level for the top of the B wave is between $1.10 and $1.17. The short-term wave count suggests the Fartcoin price is in sub-wave C (black) of wave B.

Sub-wave C extended and is likely to have 1.61 times the length of sub-wave A. If this is the case, the price will reach a high of $1.10.

The 0.382 Fibonacci retracement resistance at $1.17 provides the range’s upper limit.

As a result, the FARTCOIN price likely has one more rally left before it begins a significant downward movement.

Local Top Soon

The Fartcoin price has shown impressive strength by pacing the crypto market since the March lows.

However, the upward movement seems corrective, and Fartcoin could be close to the top of wave B.

The most likely area for a top is between $1.10-$1.17.

A breakdown from the ascending parallel channel will confirm that wave C has begun.