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Fartcoin Price Prediction: FARTCOIN Plummets 11% In A Week As This New Pepe Derivative’s ICO Charges Towards $37 Million

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The Fartcoin price is down more than 11% on the weekly time frame despite a 4% 24-hour gain to trade at $1.01 as of 3:00 a.m. EST as investors decrease their portfolios’ exposure to the meme coin. While the FARTCOIN price has dropped over 11% in the last 24 hours, its monthly performance is still well in the green by more than 191%. Fartcoin Price Trying To Break Above Resistance 4-hour chart for FARTCOIN/USD (Source: GeckoTerminal) The Fartcoin price is attempting to break above a resistance level at $1.0249. Should it clear this technical obstacle, it could gain the space needed to keep rising in the following 48 hours. Traders might subsequently try to push the meme coin’s price up to the next major level at $1.1618. On the other hand, the Fartcoin price failing to close a 4-hour candle above $1.0249 within the next 12 hours could invalidate the bullish thesis. In this alternative case, the crypto might test the immediate support level at $0.8828. Falling below t...