Key Takeaways
Fartcoin became one of the hottest memecoins on the market in late 2024, shooting up to become another popular speculative asset on Solana. The token entered the top 100 cryptos by market cap and even managed to break past the dollar barrier, pretty good going for something that had been worth a fraction of a cent when it came out in the middle of October.
However, January saw a slump in memecoins, so investors and traders must look at FARTCOIN to know whether it can rally again.
On Jan. 14, 2025, FARTCOIN was worth about $1.10.
Let’s look at our Fartcoin price predictions, made on Jan. 14, 2025. We will also examine Fartcoin’s price history and discuss what Fartcoin is and what it does.
Let’s look at our Fartcoin price predictions by CCN on Jan. 14. Since there are slightly over two months of data, we can only make a short-term prediction.
Fartcoin’s long-term wave count gives a bearish prediction. According to the count, Fartcoin started an A-B-C correction after completing a five-wave increase (white).
The decline since the all-time high is short relative to the previous increase is likely just wave C in an A-B-C correction. If the count is accurate, the ongoing upward movement is just a relief rally that will eventually lead to new lows.
So, wave B could end near the 0.618 Fibonacci retracement resistance at $1.26. Afterward, Fartcoin could begin wave C, concluding the entire correction.
A decisive close above $1.26 will put this count at risk and instead suggest that wave five will extend to a new all-time high.
The Fartcoin price prediction for the next 24 hours is bullish. The price will likely increase toward the 0.618 Fibonacci retracement resistance level at $1.26.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 14, 2025, Fartcoin’s ATR was 0.0754, suggesting low-to-average volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 14, 2025, the Fartcoin RSI was at 65, indicating bullish conditions.
Fartcoin is a Solana-based memecoin, so let’s compare it to other cryptos in that category.
Let’s take a look at the Fartcoin price history, which is admittedly brief . While past performance should never be taken as an indicator of future results, knowing what the token has done in the past can give us some useful context when it comes to making a Fartcoin price prediction.
Time period | Fartcoin price |
---|---|
Last week (Jan. 7 2025) | $1.24 |
Last month (Dec. 14, 2024) | $0.769 |
Launch price (Oct. 18, 2024) | $0.000004723 |
All-time high (Jan. 3, 2025) | $1.60 |
All-time low (Oct. 18, 2024) | $0.000004723 |
The market capitalization, or market cap, is the sum of the total number of FARTCOIN in circulation multiplied by its price.
On Jan. 14, 2025, Fartcoin’s market cap was $1.1 billion, making it the 88th-largest crypto by that metric.
Supply | Figures |
---|---|
Maximum Supply | 1,000,000,000 |
Circulating supply (as of Jan. 14, 2025) | 999,998,256 (99.99% of maximum supply) |
Fartcoin is a speculative memecoin based on the Solana blockchain.
People can hold FARTCOIN in the hope that its value will go up. Meanwhile, people can also buy, sell, and trade it on exchanges.
It is difficult to tell right now. Although FARTCOIN has done well when other Solana-based memecoins have done badly, there is still the eternal question of whether it has any meaningful use. This could, in turn, lead to it being mired in a downturn when it does struggle. Not only that, but the lack of proper technical documentation or whitepaper could put investors off.
No one can really tell right now. While the Fartcoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Fartcoin, you will have to do your own research on FARTCOIN and other related coins and tokens such as Dogecoin (DOGE). Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
It looks highly unlikely that Fartcoin will reach double figures any time soon. Fartcoin can be bought, sold, or traded on crypto exchanges.Will Fartcoin Reach $10?
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