FARTCOIN Price Recovers From 92% Crash but Upside May Be Limited

Key Takeaways

• FARTCOIN broke out from a descending resistance trend line.
• The FARTCOIN price reclaimed the $0.37 horizontal support.
• How long will the Fartcoin price continue increasing?
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FARTCOIN took the crypto market by storm at the end of last year. It increased over 13,000% in less than three months, briefly becoming the 10th biggest memecoin.

However, FARTCOIN has not fared well in 2025, falling over 90%. While this week’s bounce sparked optimism, the price has to clear several horizontal resistances to confirm its bullish trend.

Will FARTCOIN maintain its momentum or will the rally fail? Let’s analyze the price action and find out.

FARTCOIN Price Rebounds

FARTCOIN’s price has fallen under a descending resistance trend line since its all-time high of $2.73, in January. The decline led to a low of $0.19, in March.

While FARTCOIN fell under the $0.37 horizontal support area, it reclaimed it by creating a bullish candlestick, on March 19.

FARTCOIN also broke out from the descending resistance trend line during the increase, suggesting its correction is over.

Technical indicators are also bullish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are trending upward. The RSI is above 50, while the MACD is almost positive.

Additionally, the indicators generated bullish divergences before the breakout (orange), increasing its legitimacy.

So, the daily time frame suggests the FARTCOIN price will continue increasing, possibly reaching the next resistance at $0.60.

Will the Rally Continue?

The six-hour time frame shows that FARTCOIN also broke out from a short-term descending wedge existing since February.

The decline is a completed five-wave downward movement (red), likely a leading diagonal in a longer correction.

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If the count is accurate, FARTCOIN has started an A-B-C corrective structure (black) that could take it to the $0.60 resistance.

The Fartcoin price is likely nearing the top of wave A, after which a short-term decline is expected, completing wave B.

Since the decrease is impulsive while the bounce is corrective, FARTCOIN’s long-term trend is likely bearish.

Breaking out above $0.60 will put this count at risk but not invalidate it, since that could lead to a more extended relief rally. In any case, the long-term trend would remain bearish.

Fartcoin’s Limited

The FARTCOIN price showed resilience by breaking out from a short-term pattern and reclaiming a long-term horizontal area.

However, the wave count suggests the long-term trend is bearish. If so, the current increase is just a relief rally that could end near $0.60. Afterward, Fartcoin’s downward trend could continue.