Crypto Express

07/10 04:16

More losses ahead for the FARTCOIN?

According to analysis, the memecoin faced strong selling pressure from whales and retail investors in equal measures. 

As a result, the memecoin’s momentum to the downside has been confirmed by a declining Relative Vigour Index. At press time, RSI declined to 0.034 while the Signal Line rose to 0.11, reflecting downward momentum. 

Furthermore, the Directional Movement Index (DMI) showed the Positive Index (+DI) dipping to 17, below the neutral threshold.

Both metrics point toward sustained bearish momentum.

If sellers maintain control, Fartcoin risks breaking the $1.00 support and falling to $0.938. However, if bulls step back in, a bounce toward $1.20 could still materialize—but only if $1.00 holds firm.

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