Fartcoin’s breakout odds – Will the third time

Fartcoin’s breakout odds – Will the third time be different for the memecoin?

Lack of heavy buying pressure behind Fartcoin means the memecoin could struggle to break the range formation.

Fartcoin did not see heavy demand during its rebound from $0.92 to $1.47

Lack of demand and the price action implied a range formation for the popular memecoin

Fartcoin [FARTCOIN] was trending higher in April and May, but the bulls ran aground at the $1.5 resistance. Since then, however, a range formation has developed.

With Bitcoin [BTC] still above the $102.5k support and nearing its all-time high once again, the hopes of a FARTCOIN rally in the coming days may be warranted.