- RSI above 66 suggests additional upside.
- Outpaces Bonk, Shiba Inu, and rivals TRUMP in actual transfers.
- Follows Pepe’s 2023–24 explosive progress sample.
Fartcoin (FARTCOIN), a Solana-based memecoin, has climbed over 70% to this point in April to commerce at $0.840, touching highs of $0.87.
Supply: CoinMArketCap
This rise has come regardless of a turbulent market backdrop triggered by US President Donald Trump’s fluctuating tariff insurance policies, which have erased almost $160 billion from the broader crypto market capitalisation this month.
Fartcoin has not solely outpaced the broader market but in addition eclipsed rival Solana tokens resembling Official Trump (TRUMP), down almost 16%, and Bonk, which has slipped by round 4.7%.
Now, with a breakout confirmed and buying and selling quantity topping $309 million, the memecoin is focusing on a possible run towards $0.95.
Bull flag hints at breakout
Fartcoin’s robust rally is underpinned by a traditional bull flag formation seen on its 4-hour chart.
As of 10 April, the token had damaged out above the higher boundary of the flag’s vary, indicating a possible continuation of its upward transfer.
If this setup holds, Fartcoin may take a look at $0.95—slightly below the psychologically important $1 mark—earlier than the tip of April.
The relative energy index (RSI) is at the moment sitting above 66, suggesting the coin nonetheless has upside room earlier than coming into overbought territory (usually above 70).
The token’s worth motion stays above its 50 and 200-period exponential shifting averages (EMAs), reinforcing the energy of the bullish breakout and sustaining purchaser momentum.
Quantity tops $309 million
Buying and selling information confirms robust demand.
Fartcoin recorded a 24-hour buying and selling quantity of over $309.5 million as of 11 April, considerably forward of Solana rivals Bonk ($76.57 million) and even Ethereum-based Shiba Inu ($318.98 million).
Fartcoin is now neck-and-neck with TRUMP, which posted $641.4 million in each day quantity.
Nevertheless, onchain information suggests Fartcoin processed almost double the true switch worth in comparison with TRUMP, pointing to deeper consumer engagement.
That is notable contemplating Fartcoin stays unlisted on main exchanges resembling Binance, Coinbase, Bybit, Upbit, and OKX.
Based on market analyst @theunipcs, Fartcoin’s each day volumes are coming into the $300 million to $500 million vary that beforehand preceded Pepe’s (PEPE) explosive run—providing a roadmap for potential progress.
Following Pepe’s trajectory
Fartcoin’s present metrics are harking back to the early days of PEPE, which soared from a $300 million to over $3 billion market cap between 2023 and 2024.
Fartcoin’s mixture of rising quantity, robust technical indicators, and lively group engagement echo the identical dynamics.
As of right this moment, Fartcoin ranks among the many prime three Solana-based memecoins by buying and selling quantity.
It trails TRUMP however outpaces Bonk, and its buying and selling patterns align with a traditional hype-fuelled rally construction.
In the meantime, PEPE itself is buying and selling at $0.0000067, with a each day quantity of $606.58 million and a minor 1.2% improve over the week, signalling comparatively secure efficiency in comparison with Fartcoin’s explosive pattern.
Supply: TradingView
Outperforms in weak market
Fartcoin’s energy is much more exceptional given its timing.
In April, whole crypto market capitalisation has dropped by almost $160 billion following Trump’s unpredictable tariff declarations, which have impacted market sentiment and threat property.
Regardless of these headwinds, Fartcoin continues to rally, outshining even its personal ecosystem.
Solana (SOL), as an example, is up solely 0.5% this week and buying and selling round $115.25, whereas Fartcoin has jumped 70%, reinforcing its divergence from broader market developments.
With momentum intact and quantity rising, Fartcoin could also be poised for a breakout above $0.87.
If bulls can maintain the transfer, the projected goal of $0.95 stays inside attain earlier than month-end.
The put up Solana memecoin Fartcoin doubles in worth, eyes key $0.95 stage appeared first on CoinJournal.
