Fartcoin Price Prediction – Buy, Sell or Wait For A Better Entry?

The popular Solana meme coin Fartcoin is currently the most polarizing crypto asset on the market. 

Fartcoin price prediction from many experts anticipate a correction following its 400% rally off its macro bottom. However, the meme coin refuses to back down, showcasing remarkable bullish strength.

After a momentary pullback to the $0.70 support level, $FARTCOIN is back above $0.90, resulting in significant FOMO buying.

However, sidelined investors may want to remain patient. Whether Fartcoin is a buy at current levels will depend on how it breaks out of its current ascending broadening wedge.

Fartcoin Price Prediction — What’s Next For The Solana Meme Coin?

Fartcoin is currently the biggest phenomenon in the crypto market. Much to the chagrin of tradFi purists, this joke coin continues to shrug off the broader market uncertainty. 

Just today, all major U.S. equity indices — the Dow Jones, S&P 500, and Nasdaq — dropped more than 2% amid renewed concerns over stalled trade negotiations between the United States and its key trading partners. Tech stocks like TSLA and NVDA are down by nearly 6%. 

In contrast, Fartcoin is up nearly 3% on Monday, extending its momentum after posting back-to-back 10% green candles over the weekend. 

After momentarily sliding to $0.71 last week, it has climbed by nearly 30%, back above the $0.90 level. 

$FARTCOIN is seeing significant FOMO buying at its current price, with whales pouring in millions. 

According to Moby AI’s analysis, Fartcoin is currently one of the most longed assets by the leaderboard traders on Hyperliquid. Indeed, Fartcoin price predictions from prominent analysts suggest a strong likelihood of bullish continuation, with $1.30 as the next target. 

However, sidelined investors should still exercise patience instead of FOMO buying at the current price. 

For starters, the Fartcoin price has failed to breach its $0.93 – $0.96 resistance zone (marked by the pink rectangle) once again, despite repeated attempts. Buying at resistance is one of the quickest ways to incur losses. 

Moreover, $FARTCOIN is now trading within a rising broadening wedge, marked by yellow trendlines in the above price chart. While a breakout above the upper trendline is possible, the rising broadening wedge is generally considered a bearish pattern, often signalling an impending reversal.

A bearish breakdown below the lower trendline would pave the way for more downside volatility. In this scenario, sidelined investors should either wait for a double bottom at $0.71 or a successful retest of the $0.64 support level before buying. 

Is Solaxy A Better Alternative?

While Fartcoin could see a significant pullback in the coming days, a new Solana meme coin, Solaxy (SOLX), continues to be in high demand during its presale. 

Relentless whale buys have pushed the SOLX presale past the $31 million milestone, a major achievement considering the broader market uncertainty. 

Unlike most new utility-less meme coins, Solaxy is the first prominent Solana Layer-2 coin, designed to tackle the network congestion issues during periods of heavy traffic. 

Its Layer-2 scaling solution includes ZK rollups, data availability tools like Celestia, a Hyperlane-powered multi-chain bridge, etc., which ensures low-latency transactions, zero downtime and exponential scalability. Already, the latest launch of Solaxy’s testnet block explorer is creating quite a buzz. 

As a result, experts view Solaxy as a key part of Solana’s ecosystem in the future, making it an excellent beta bet on $SOL. They also note that the top Layer-2 projects in the Bitcoin and Ethereum ecosystems have multibillion-dollar valuations, which makes SOLX an undervalued asset. 

Unsurprisingly, prominent analysts are bullish on SOLX’s upside potential, with many eyeing up to 100x returns from it. 

Visit Solaxy Presale