Fartcoin (FART) is under heavy selling pressure ahead of today’s U.S. Consumer Price Index (CPI) release, with traders cutting risk exposure across the crypto market.
The token’s price slipped to around $0.8556, marking a steep 19% drop in the past 24 hours and over 13% for the week. Its market cap now stands near $855 million, while 24-hour trading volume has surged to $291 million – signaling panic-driven activity.
This pullback comes as the broader crypto market shed $18 billion in value, with memecoins like Fartcoin reacting sharply to macroeconomic uncertainty. Analysts warn that a hotter-than-expected CPI reading could extend losses, potentially prompting further liquidations.
Technical Breakdown Signals Trouble
Fartcoin’s recent price action has been dominated by bearish technical signals. The token broke below its 30-day simple moving average at $1.20 and lost the 23.6% Fibonacci retracement level at $1.49. This triggered stop-loss orders and reinforced selling momentum.
The RSI sits deep in oversold territory, but no bullish divergence has formed, suggesting buyers remain hesitant. MACD readings also point to ongoing downward momentum, with immediate support at $0.85 and a possible slide toward $0.80 if that level fails. On the upside, a close above $0.92 could offer temporary relief.
Ecosystem Strain Adds Pressure
Fartcoin’s launchpad, Pump.fun, has seen daily revenue collapse from $7 million in January to $200,000 by July, according to recent reports. While the platform’s newly formed Glass Full Foundation has pledged liquidity support, transparency concerns remain. Lower platform activity risks reducing token visibility, though July did see whale accumulation of 600 million FART, hinting that some large investors view the current price range as attractive.
Exchange Listings: Volatility Catalysts
Since its June 2025 inclusion on Coinbase’s roadmap, Fartcoin has shown extreme price sensitivity to exchange listings. The Coinbase news sparked a 170% rally to $1.64, while the Binance.US launch was followed by a 10% intraday drop. Availability in Germany in July fueled a 15% weekly gain, but repeated tests of the $1.30 resistance show that upside momentum has been fading.
Liquidity Support Faces a Scale Challenge
The Glass Full Foundation began injecting liquidity on August 7 to counter a 21% monthly price drop, targeting community-driven initiatives. Historical patterns show such interventions can tighten bid-ask spreads and deepen liquidity, but the $200,000 daily budget is small compared to Fartcoin’s nearly $300 million average daily volume. This means large market swings could still occur despite support efforts.
Holder Concentration Risks Remain
The top 100 wallets now control 60% of Fartcoin’s supply, raising concerns about potential coordinated moves that could trigger 50%+ price swings. Exchange reserves have climbed to their highest level since March, indicating increased readiness to sell. Analysts are watching the $0.77 – $0.98 zone closely, as a decisive break below could set off cascading sell orders.
Outlook: CPI to Dictate Short-Term Moves
With macroeconomic jitters, bearish technicals, and ecosystem challenges weighing heavily, Fartcoin’s immediate fate may hinge on the CPI print. If the data comes in hotter than expected, traders warn the token could retest March lows near $0.77. A softer reading, however, might spark a short-lived relief rally from oversold conditions.
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Source: https://coindoo.com/market/fartcoin-price-outlook-key-levels-to-watch-as-cpi-report-threatens-further-losses/