FARTCOIN’s meme fuel reignites — But will it climb to $2.40?

• FARTCOIN rallied 23% in 24 hours, testing the $1.60 resistance zone after Bitcoin’s breakout past $111K.
• A top trader with a 70.59% win rate bought nearly $500K worth of FARTCOIN at a $1.52B market cap.

Fartcoin [FARTCOIN] continues to maintain its upside momentum for the third consecutive day and is poised to rise further in the coming days.

As of press time, sentiment across the crypto market remained positive, with Bitcoin [BTC] breaking past $111,000 for the first time.

Current market sentiment

This substantial growth in BTC’s price has primarily influenced other cryptocurrencies, which have also registered notable price surges.

Amid this upside momentum, FARTCOIN became one of the top gainers, registering a 23% surge in the last 24 hours, per CoinMarketCap data.

At press time, FARTCOIN traded near $1.55, testing resistance at $1.60—a key level that historically triggered short-term rejections.

Given the bullish price action and positive market sentiment, participation from traders and investors has skyrocketed, leading to a 50% increase in Trading Volume recorded over the past 24 hours.

This surge, along with the price increase, indicated strong strength in the asset and could support and reinforce the memecoin’s upside momentum.

Smart money buys big—Traders take note

Adding fuel to the rally, a well-known crypto trader with a 70.59% win rate bought $498.9K worth of FARTCOIN at a $1.52B market cap.

This substantial purchase by a crypto giant with such a high success rate is a bullish sign and may hint at the perfect time to add FARTCOIN to one’s holdings.

Meanwhile, another crypto expert made a post on X, revealing that FARTCOIN has broken out of a bullish flag and pole pattern, a formation that frequently appears on charts after a few days of steady upward movement.

The post also noted that the memecoin has been in a healthy uptrend since mid-March 2025, with the next target appearing to be the $2.15 level in the coming days.

Price action and key levels

According to AMBCrypto’s technical analysis, FARTCOIN appeared bullish at press time. With the recent 23% gain, the memecoin reached the $1.60 level, an area that typically acts as a zone of selling pressure.

Source: TradingView

If it breaks and closes above $1.60 on the daily chart, the move could unlock a 50% rally toward the $2.40 level.

On top of that, the Relative Strength Index (RSI) sits near 64—firmly below the overbought threshold. This leaves room for further gains without triggering major corrective pressure from momentum traders.