{"id":53242,"date":"2025-05-28T11:47:43","date_gmt":"2025-05-28T11:47:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/fartcoin-faces-sharp-decline-risk-as-traders-eye-50-drop\/"},"modified":"2025-05-28T11:47:43","modified_gmt":"2025-05-28T11:47:43","slug":"fartcoin-faces-sharp-decline-risk-as-traders-eye-50-drop","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/fartcoin-faces-sharp-decline-risk-as-traders-eye-50-drop\/","title":{"rendered":"Fartcoin faces sharp decline risk as traders eye 50% drop"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/fartcoin-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/fartcoin-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/fartcoin-token-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/fartcoin-token-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Fartcoin (FARTCOIN) price was down 5% in 24 hours amid fresh profit taking.<\/li>\n<li>Analyst Captain Faibik says the memcoin could drop 50% amid a bearish impulse.<\/li>\n<li>Price faces key hurdle around $1.45 and $1.60, and support at $1.2<\/li>\n<\/ul>\n<p>Several top memecoins, including Dogecoin, Shiba Inu and Pepe were down on Wednesday morning.<\/p>\n<p>Fartcoin (FARTCOIN), which has outperformed in recent months, mirrored the broader <a href=\"https:\/\/coinjournal.net\/news\/fartcoin-slips-10-62-in-24-hours-as-rally-pauses-near-1-23\/\">memecoin market trajectory<\/a> with its price down 5%.<\/p>\n<p>Losses for the cryptocurrency cut recent gains to just 5% over the past week and 14% over the past month.<\/p>\n<p>However, gains over the past year are staggering in the last one year.<\/p>\n<h2>The token currently trades around $1.35.<\/h2>\n<p>With Bitcoin still ranged near $110k and seeing notable bullish news developments, the anticipated influx of retail into altcoins remains on hold.<\/p>\n<p>FARTCOIN\u2019s price is mapping this outlook with the 24-hour trading volume spiking 12% to over $150 million to suggest increased selling.<\/p>\n<p>Amid this performance, an analyst says bears could push bulls deep into the woods.<\/p>\n<p>The FARTCOIN price is slightly down from highs of $1.6 reached last week, but Captain Faibik says a 50% dip is likely.<\/p>\n<h2>Fartcoin price \u2013 analyst flags potential 50% dip<\/h2>\n<p>Per Captain Faibik, in a post on X, FARTCOIN has traded in a rising wedge.<\/p>\n<p>However, it signals further downside breakout as the bearish impulse intensifies.<\/p>\n<p>If this scenario plays out, FARTCOIN price could crash by more than 50% from current levels.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/FARTCOIN?src=hash&amp;ref_src=twsrc%5Etfw\">#FARTCOIN<\/a> Rising Wedge Downside Breakout..\u2705<\/p>\n<p>Expecting +50% Bearish Impulse..\ud83d\udd1c<a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/t.co\/1xjyLHF3ty\">pic.twitter.com\/1xjyLHF3ty<\/a><\/p>\n<p>\u2014 Captain Faibik \ud83d\udc3a (@CryptoFaibik) <a href=\"https:\/\/twitter.com\/CryptoFaibik\/status\/1927628957601390842?ref_src=twsrc%5Etfw\">May 28, 2025<\/a><\/p>\n<\/blockquote>\n<p>From a technical perspective, this assessment aligns with FARTCOIN\u2019s failure to breach the supply wall near $1.6 in recent trades.<\/p>\n<p>This rejection has bears poised at $1.30, a key zone for bulls, with the above analyst\u2019s prediction likely if this level breaks.<\/p>\n<p>On the daily chart, the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD) and Awesome Oscillator signal bearish momentum.<\/p>\n<p>Weakness for Fartcoin comes amid notable selling.<\/p>\n<p>On May 27, Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/1927241290833371404\" target=\"_blank\" rel=\"noopener\">shared details<\/a> showing a trader liquidated $11.7 million in FARTCOIN and other tokens.<\/p>\n<p>As well as a $6 million profit on FARTCOIN, the trader took profits of $3.3 million on ZEREBRO and $1.8 million on LAUNCHCOIN.<\/p>\n<p>If Fartcoin price successfully retests the falling wedge trendline, an upside flip could see buyers target $1.8 and $2.<\/p>\n<p>However, a breakdown to the key demand reload zone around $1.30, further weakness will bring $1.2 into view.<\/p>\n<p>This fall will intensify if profit taking continues to dominate memecoins and altcoins.<\/p>\n<p>Fresh jitters across risk assets will also accelerate the possible pullback, with dips for mega cap alts like Ethereum, XRP and Solana scenarios to watch.<\/p>\n<p>The upside of this will be a return to winning ways for FARTCOIN and other memecoins.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/fartcoin-price-warning-why-this-meme-token-could-plunge-50\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Fartcoin (FARTCOIN) price was down 5% in 24 hours amid fresh profit taking. Analyst Captain Faibik says the memcoin could drop 50% amid a bearish impulse. Price faces key hurdle around $1.45 and $1.60, and support at $1.2 Several top memecoins, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":53243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53242"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53242"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53243"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}