FARTCOINUSD Fartcoin Analysis: Search Interest Continues, $1.06 Breakout AheadFartcoin price remains active above $0.91, with the 12-hour chart showing a sustained uptrend, supported by VWAP of $0.9188 and mid-Bollinger Band support. Price action is hugging the upper Bollinger Band at $1.0618, indicating strong momentum without being overextended. Notably, the Parabolic SAR points below the current price range, suggesting a continuation of the bullish trend and that the rally has not yet reached overbought exhaustion.
A deeper analysis of the Bollinger Band width indicates volatility expansion, often a precursor to a significant price discovery phase. Today’s volume spread is 28.33K, indicating consolidation rather than distribution. If Bitcoin breaks above $100K and memecoin inflows resume, the next resistance is around $1.06 – the upper Bollinger Band. On the bearish side, failure to sustain VWAP and a break below $0.89 could see Fartcoin return to the mid-range at $0.71, right where the lower Bollinger Band converges.
If the price of Bitcoin breaks through $100,000, Fartcoin may easily continue its upward trend and break through the psychological barrier of $1.20.
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