asiftahsin
09/03 04:39
Fartcoin trades in the green by 0.50% at press time on Wednesday, following the 10% jump from the previous day. The meme coin’s recovery marks an upcycle within a falling wedge pattern on the daily chart.
A potential close above the trendline at $0.85 could target the $1.00 psychological milestone.
The MACD prepares for a crossover above its signal line, which would trigger a buy signal as bullish momentum revives. Still, the RSI is at 43, inching closer to the halfway line to overcome the bearish influence.
Looking down, if FARTCOIN marks a close below the previous week’s low at $0.683, it would invalidate the wedge pattern, potentially targeting the $0.57 support level.
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