Close Menu
    Facebook X (Twitter) Instagram
    Wednesday, July 9
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Fartcoin price is range-bound but $0.73 will trigger the next move
    Crypto

    Fartcoin price is range-bound but $0.73 will trigger the next move

    James WilsonBy James WilsonJuly 8, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Fartcoin continues to consolidate between key technical levels, with price action remaining range-bound and directionless. As long as the current structure holds, traders can expect more sideways movement until a breakout or breakdown occurs.

    This current range-bound behavior on Fartcoin (FARTCOIN) reflects indecision in the market. It is trading near its Point of Control, the zone of highest volume activity, which tends to act as a magnet for price action in the absence of clear momentum. As long as neither boundary is breached, the token is likely to remain locked within this oscillating structure.

    Key technical points

    • Major Resistance: $1.45 marks the value area high and consistent rejection zone.
    • Key Support: $0.73 aligns with value area low, 0.618 Fib retracement, and prior swing low.
    • Point of Control: Price is consolidating around $1.10, indicating market indecision.
    Fartcoin price is range-bound but $0.73 will trigger the next move - 1
    FARTCOINUSDT (1D) Chart, Source: TradingView

    Following the rejection from $1.60, Fartcoin completed a full rotation back to the value area low near $1.00. Despite multiple attempts to push higher, price action has remained below $1.45, confirming bearish pressure at that level. Each rejection further validates this zone as the critical upside barrier to watch.

    The current structure is best described as neutral-to-bearish, given the lower highs and repeated failures to reclaim resistance. However, the fact that price is respecting support zones, particularly the POC and the $0.73 support cluster, offers some hope for bulls if momentum returns.

    The $0.73 level is especially important moving forward. This area is backed by a key swing low, the 0.618 Fibonacci retracement, and the value area low, making it a strong confluence for a potential bounce. A move toward this zone could provide an attractive higher low setup if demand steps in.

    If price does rebound from this zone, the first target would be a return to $1.45. Reclaiming that level would signal a shift in market structure and open the door for a retest of $1.60. On the flip side, failure to hold $0.73 could lead to a breakdown into uncharted territory, with downside targets forming based on Fibonacci extensions and prior inefficiencies.

    What to expect in the coming price action

    Fartcoin remains stuck between $1.45 resistance and $0.73 support, with volume concentrated around $1.10. Until either boundary is broken, expect continued range-bound movement. A breakout above $1.45 would signal bullish intent, while a breakdown below $0.73 could initiate further downside. Traders should watch for increased volume at the edges of this range to confirm the next move.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMorpho crypto holds key level as TVL on Base nears $2b
    Next Article Top 10 AI Agents for Sales That Actually Close Deals – Check NOW (July 2025)
    James Wilson

    Related Posts

    Ethereum Interview Questions – Part 1

    July 8, 2025

    Top Ways to Find Meme Coins Before They Explode

    July 8, 2025

    Salavi Review 2025 – CoinCodeCap

    July 8, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    AGII Expands Deployment Control Systems for Predictable Smart Contract Handling

    Imagen Network (IMAGE) to Integrate Advanced Llama 4-Based AI for Multimodal Personalization

    Ethereum Interview Questions – Part 1

    Top Ways to Find Meme Coins Before They Explode

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    AGII Expands Deployment Control Systems for Predictable Smart Contract Handling

    July 9, 2025

    Imagen Network (IMAGE) to Integrate Advanced Llama 4-Based AI for Multimodal Personalization

    July 9, 2025

    Ethereum Interview Questions – Part 1

    July 8, 2025
    Lithosphere News Releases

    AGII Expands Deployment Control Systems for Predictable Smart Contract Handling

    July 9, 2025

    Imagen Network (IMAGE) to Integrate Advanced Llama 4-Based AI for Multimodal Personalization

    July 9, 2025

    Imagen Network (IMAGE) Taps Grok AI to Power Scalable Personalization in Decentralized Social Systems

    July 8, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.