Fartcoin price surges 35% as recovery gains momentum

Fartcoin jumped 35% in the past 24 hours, strengthening its continuous recovery after months of consolidation.

Fartcoin (Fartcoin) increased by 35% in the last 24 hours, currently negotiating $ 0.52 with a volume of negotiation at $ 164 million. The wave is remarkable because it indicates a recovery of reinforcement of the extension consolidation phase that followed after the price crash Since its summit of $ 2.48 on January 19.

The Fartcoin price began to bounce from $ 0.20 to $ 0.30, where it consolidated from February to mid-March 2025, around March 19, when the price jumped more than 30% from $ 0.297318 to $ 0.395,195.

During this consolidation period, the commercial volume was relatively stable, which suggests that the sellers had exhausted their momentum and that the accumulation was in progress. On March 24, marked the turn, while Fartcoin passed in front of $ 0.60, signaling the start of a break.

However, after having briefly exceeded $ 0.60 on March 24, the price reached the bottom of $ 0.40 to $ 0.45. Buyers then intervened, leading a regular rise with an increase in volume, leading to today’s overvoltage to $ 0.53. The relative force index is currently at 59.26, approaching bullish territory But not yet Surachet. The mobile average convergence indicator also supports that the momentum is on the side of the bulls, with the MacD line (0.03618) above the signal line (0.02951).

With this escape, Fartcoin is now approaching local resistance levels around $ 0.60 to $ 0.70. A push supported above these levels could confirm a complete reversal of the trend, the price potentially testing the major resistance to around $ 1.20 to $ 1.30, the level established when the price tried to recover after the ATH accident in January.