Will Fartcoin Price Hit the $2 Mark With Buyers’ Support?

• Fartcoin price analysis indicates the rally in the altcoin price has just begun, and more scope for upside is open.
• The FARTCOIN price rose approximately 176% over the month, indicating bullish momentum

The price analysis shows that Fartcoin will continue its bullish momentum to achieve new price highs in the upcoming weeks. FARTCOIN price shows increasing strength through its higher high structure as buyers take control of the market direction

The Fartcoin coin price is about to break the $1 psychological level. If the price breaks above the $1 mark, investors may witness a fresh rally in the upcoming days. This will trigger a positive sentiment in the Fartcoin, pushing the price toward targets of $1.5 and $2.0.

According to CMC data, at the time of writing, the Fartcoin price is trading at $0.92514 with an intraday uptick of 10%. In the last 24 hours, the trading volume surged by 35%, and the volume to market cap stands at 42.67%, suggesting good liquidity.

Will Fartcoin Hit the $2 Mark?

Source: TradingviewCurrently, the Fartcoin price is trading above the 50-day EMA mark, suggesting a bullish trend. Furthermore, the RSI curve currently shows bullish momentum because it maintains a positive value of 69.22

Meanwhile, MACD formed a bullish cross heading in the upward direction with a green histogram. Overall, the indicators are demonstrating positive signs, suggesting Fartcoin may reach higher levels in the upcoming days.

Fartcoin price analysis indicates the rally has just begun, and more scope for upside is open. The buyers look more aggressive compared to the bears, so positive momentum may continue in the coming months. The positive market sentiments coupled with bullish indicators suggest that Fartcoin has a strong probability of reaching prices between $1.50 and $2.00.

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