The popular Solana meme token, Fartcoin, is on the cusp of a major bull rally.
Legendary trader Bluntz confirms that its downtrend is over, highlighting this week’s bullish breakout. He predicts that the Fartcoin price is now poised for a 150% surge, potentially hitting the $2.20 mark.
However, another prominent analyst, Nebraskangooner, highlights a key resistance level that the meme coin will need to breach for an upside continuation.
Bluntz’s Fartcoin Price Prediction: $2.20 This Year?
One of the crypto traders and social media influencers, Bluntz, is bullish on the Solana ecosystem. He anticipates the SOL price to hit $500 by next year’s first quarter.
Unsurprisingly, he is also highly optimistic about the most popular Solana meme coin.
Using his trusted Elliott Wave analysis, Bluntz suggests that Fartcoin has completed its A-B-C corrective structure, a pattern that typically signals the end of a downtrend and the beginning of a new impulse move.
The meme coin also defended its 0.618 Fibonacci level, a key support for any asset.
With the token breaking out of a falling wedge this week, a new uptrend appears to be underway and Bluntz projects that a 150% rally to $2.20 is imminent.
Fartcoin Needs To Breach This Resistance
Fartcoin is indeed showing significant bullish strength. It has secured a daily close above the $0.81 and $0.85 resistance levels on Tuesday.
Similarly, it finally secured a 4-hour close above its 200 moving average for the first time in over 44 days. Data from the market intelligence platform Nansen reveals that Fartcoin saw the highest inflows of any Solana meme coin from smart money investors over the past 30 days.
However, another prominent analyst, Nebraskangooner, advises interested buyers to remain cautious, highlighting that the meme coin needs to breach the $0.95 resistance level for a bullish continuation.
A successful breakout above 95 cents would pave the way for $1.10, and eventually new all-time highs. However, a rejection here could result in more downside volatility.
Interested buyers should, therefore, wait for a successful flip of the $0.95 resistance into support before buying.
This New Solana Meme Coin Could Have 100x Potential
Fartcoin is undoubtedly one of the best large-cap meme coins to invest in. However, smart money investors continue to stack low-cap coins in hopes of outsized returns.
This strategy could be particularly useful in the bull market euphoria that could be sparked by the Federal Reserve’s rate cut next week.
Among the low-cap hunters, Snorter (SNORT) has emerged as one of the hottest picks. Behind strong whale demand, it has already raised nearly $4 million during its ICO.
The meme coin’s mascot, an aardvark, perfectly sums up its utility. SNORT is the native token of the Snorter bot, the fastest multi-chain sniper bot.
Snorter’s utility lies in its ability to give retail traders the same edge whales have enjoyed in Solana’s meme coin market.
Built as a Telegram-native sniper bot, it executes trades within fractions of a second when new liquidity pools go live. This speed allows users to catch early rallies that usually leave small traders behind.
On top of that, Snorter integrates rug-check filters to detect scams, liquidity monitoring for safer entries, and automated stop-loss or limit order functions. It even supports copy trading from top wallets, making it a comprehensive trading suite within the Telegram chat window.
Its native token, SNORT, provides a plethora of perks to Snorter users, including discounted trading fees of just 0.85%.
Today, a growing number of whales and prominent influencers are publicly backing Snorter as the next 100x meme token and one of the best Solana meme coins
Visit Snorter Presale
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