Earnings Mastery
  • Politics
  • Business
  • Investing
  • World
No Result
View All Result
  • Politics
  • Business
  • Investing
  • World
No Result
View All Result
Earnings Mastery
No Result
View All Result
Home Investing

FARTCOIN eyes 45% rebound as market sentiments shift

March 21, 2025
in Investing
FARTCOIN eyes 45% rebound as market sentiments shift
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Cryptocurrencies traded in the red on Friday as Bitcoin dropped below again $85K after the latest Fed-induced relief rebounds.

However, sentiments signal potential shifts, with experts forecasting impressive actions for altcoins in the coming trading sessions.

As altcoin season speculations emerge, analyst Altcoin Sherpa focused on the AI project Fartcoin.

He highlighted $0.2905 as the crucial foothold for FARTCOIN’s potential recoveries.

Altcoin Sherpa

@AltcoinSherpa

·Follow

If this FARTCOIN level holds, next stop would be the $0.55-$0.65 region up next

hot air rises

7:33 pm · 20 Mar 2025

182

Reply

Read 21 replies

Sherpa believes the altcoin could soar toward $0.65 if bulls defend the key support.

That would translate to an approximately 45% surge from Fartcoin’s current price of $0.3590.

Meanwhile, the nearest resistance at $0.4088 remains crucial for the altcoin’s trajectory.

FARTCOIN failed to break this obstacle with its latest attempt.

Another rejection will likely trigger declines toward $0.2905.

Breaching this zone will demonstrate bear dominance and delay the anticipated near-term bounce-back.

A decisive move past $0.4088 could support extended gains to $0.55 – $0.65, above which FARTCOIN will meet a long-term resistance at $0.6920.

Broad market sentiments would be vital in determining Fartcoin’s short-term price direction.

Meanwhile, the crypto landscape could be on the verge of an “altcoin season,” according to analysts.

The materializing altcoin season

Crypto trader and analyst Ash Crypto observed a vital technical setup for the altcoin market.

The weekly chart reveals altcoin market capitalization, excluding Bitcoin.

Source – Ash Crypto on X

Meanwhile, the key development is the bullish divergence between the Relative Strength Index and altcoins’ market cap.

The divergence suggests strengthening underlying momentum despite a bearish price outlook, suggesting impending turnarounds.

The market cap printed a higher low after the latest retracement, suggesting a possible support barrier.

The Relative Strength Index formed a lower low after the higher low price pattern.

That printed a bullish divergence, which often heralds significant reversals.

The uptrend line confirms buyers reentering to defend the key support.

The latest green candlesticks highlight revived investor optimism, empowering the bullish divergence indicator.

The market cap could rally to $1.2 trillion if it holds the trendline and the Relative Strength Index confirms the emerging reversal.

However, breaching the trendline might see the altcoin market revising the support at $800 – $900 billion.

That would further delay the anticipated 2025 altcoin season.

Current altcoin market outlook

The market capitalization of all altcoins maintained downtrends with lower lows and higher lows since mid-December 2024.

The altcoin market cap recently secured a reliable support barrier at $1.03 trillion, catalyzing bounce-back speculations.

However, the rebound might not be easy as prices remain beneath key MAs.

The 200-day SMA presents a significant resistance at $1.16 trillion.

Also, the largest altcoin by value, Ethereum, hints at bearish near-term actions.

ETH trades at $1,970 after losing over 2% in the past day.

Invezz highlighted a potential Ethereum crash to $1,250, a more than 36% dip from Ethereum’s current price.

Amidst the uncertainty, FARTCOIN enthusiasts will watch the resistance at $0.4088 and the support barrier at $0.2905.

The post FARTCOIN eyes 45% rebound as market sentiments shift appeared first on Invezz

Previous Post

Lazarus Group Bitcoin stash hits $1.14B, 16% higher than Tesla’s BTC holdings

Next Post

Asian stock mixed on Friday: Nikkei near 38,000, Hang Seng in red

Next Post
Asian stock mixed on Friday: Nikkei near 38,000, Hang Seng in red

Asian stock mixed on Friday: Nikkei near 38,000, Hang Seng in red

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    Starlink reportedly secures key licence in India, moves closer to launching services

    June 7, 2025
    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    June 7, 2025
    Goldman Sachs sees little upside for Tesla on falling sales volume

    Goldman Sachs sees little upside for Tesla on falling sales volume

    June 7, 2025
    Trump-Musk feud could end up helping Tesla stock, Tom Lee predicts

    Trump-Musk feud could end up helping Tesla stock, Tom Lee predicts

    June 7, 2025
    XRP whales buy $1.9 billion as price clings to $2.18 amid long-term selling

    XRP whales buy $1.9 billion as price clings to $2.18 amid long-term selling

    June 7, 2025
    Beyond tariffs: Lululemon stock’s bigger problem is growth fatigue at home

    Beyond tariffs: Lululemon stock’s bigger problem is growth fatigue at home

    June 7, 2025

    Disclaimer: EarningsMastery.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Warren Buffett stepping down: analysts assess what it means for Berkshire stock and investors

    Warren Buffett stepping down: analysts assess what it means for Berkshire stock and investors

    May 6, 2025

    Latest

    Starlink reportedly secures key licence in India, moves closer to launching services

    June 7, 2025
    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    US stocks surge at open: S&P up 0.9%, Dow jumps 400 points

    June 7, 2025
    Goldman Sachs sees little upside for Tesla on falling sales volume

    Goldman Sachs sees little upside for Tesla on falling sales volume

    June 7, 2025
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 earningsmastery.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Business
    • Investing
    • World

    Copyright © 2025 earningsmastery.com | All Rights Reserved