Is It Too Late To Buy FARTCOIN? Fartcoin Price Soars 18% And This Might Be The Next Crypto To Explode

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The
Fartcoin
price
surged
18%
in
the
last
24
hours
to
trade
at
$1.21
as
of
2.30
a.m.
EST
on
trading
volume
that
went
up
34%
to
$142.57
million.

Fartcoin’s
price
started
to
soar
earlier
this
week,
after
dropping
to
$0.6882
on
January
13.
The
popular
meme
coin
then
surged
to
$1.2
on
the
very
next
day
as
Bitcoin
started
recovering,
and
investors
and
traders
started
doubling
down
on
their
favorite
coins
and
tokens.

While
FARTCOIN
was
initially
rejected
from
the
resistance
at
$1.2,
and
its
price
dropped
to
$1,
it
managed
to
bounce
back
immediately,
which
started
yesterday’s
surge
that
took
the
coin
beyond
the
resistance
to
$1.3411.

While
the
coin
failed
to
reach
its
ATH
of
$1.6
which
it
previously
hit
on
January
3
of
this
year,
it
made
a
significant
advance
and
it
came
quite
close
to
it.

Fartcoin
Price
Prediction

As
the

Fartcoin’s
price

surged
yesterday,
the
popular
meme
coin’s
Bollinger
bands
saw
a
massive
widening,
but
even
so,
the
price
rose
so
quickly
that
it
went
beyond
the
upper
band
within
minutes.
This
was
the
surge
that
took
its
price
to
$1.20
for
the
first
time,
which
was
followed
by
a
minor
correction
to
$1.11.

The
bands
narrowed
at
this
point,
but
they
immediately
started
widening
again.
Meanwhile,
the
token
surged
again,
returning
to
the
resistance,
breaching
it,
and
continuing
further
up.
But,
after
reaching
its
weekly
high,
the
price
started
correcting
again,
which
caused
another
tightening
of
the
bands,
and
this
time,
the
price
started
pushing
the
lower
one
further
down.

During
the
previous
correction,
it
only
dropped
to
the
middle
line
between
the
two
bands,
so
this
drop
to
the
lower
one
might
suggest
that
the
bullish
wave
that
pushed
the
token
beyond
$1.3
could
be
over.

Fartcoin Price Prediction

The
project’s
Relative
Strength
Index
(RSI)
definitely
showed
strong
bullish
activity
yesterday,
which
pushed
the
metric
into
the
overbought
zone
three
times,
while
it
reached
the
value
of
80
twice.

Each
push
into
the
overbought
zone
resulted
in
a
drop
back
to
the
neutral
area,
suggesting
that
traders
were
regularly
taking
profit
as
the
bullish
wave
caused
the
token
to
be
overbought.
However,
as
they
repeated
the
process
the
third
time,
the
RSI
kept
dropping
further
down,
suggesting
that
the
new
wave
of
purchases
did
not
follow.

Instead,
the
RSI,
which
would
previously
drop
to
55
before
going
up
again,
started
spiraling
down
until
it
reached
37.
But,
the
buyers
finally
returned
at
this
point,
buying
the
dip
and
pushing
the
RSI
back
up.
It
is
nearing
50
as
of
the
time
of
writing,
which
indicates
that
the
price
is
likely
to
see
a
recovery
from
its
drop
to
$1.21.

Promising
Alternative
To
Fartcoin

While
Fartcoin
is
showing
signs
of
recovery
and
its
RSI
suggests
that
there
is
still
room
for
growth,
some
investors
may
decide
that
it
is
too
late
to
buy
it
now,
and
that
its
largest
price
boost
is
over.
If
you
are
in
this
school
of
thought,
then
you
might
consider

Meme
Index
(MEMEX)

as
an
alternative.

Meme
Index
is
a
new
meme
coin
project,
currently
in
ICO,
which
introduced
a
new
way
of
profiting
from
meme
coins.
Specifically,
it
created
four
baskets,
or
indexes,
each
containing
multiple
meme
coins
for
its
token
holders
to
invest
in.
Each
one
has
different
tokens
in
it,
which
affect
how
volatile
and
risky
it
is.
As
the
degree
of
risk
increases,
however,
so
do
the
potential
gains.

The
first
basket
is
called
Titan,
and
it
is
filled
with
the
top-ranking,
established
meme
coins.
As
such,
it
has
the
lowest
risk,
although
keep
in
mind
that
the
risk
is
still
there,
as
these
are
still
cryptocurrencies.
Next
is
the
Moonshot
index,
which
holds
meme
coins
that
sit
just
under
the
top
10
largest
ones
by
market
cap,
so
the
risk
is
slightly
higher,
but
still
fairly
low.

Things
start
to
get
more
interesting
with
MidCap,
the
third
basket
which
has
meme
coins
whose
market
cap
is
between
$50m
and
$250m,
as
these
tend
to
see
sharp
movements
and
go
up
and
down
unexpectedly.

While
the
risk
is
significant
at
this
point,
so
are
potential
rewards.
Finally,
the
last
index
is
called
Frenzy,
and
this
one
is
best
approached
by
those
who
are
ready
to
win
it
all
or
lose
everything.
It
will
have
new,
highly
volatile,
and
even
experimental
projects
that
could
go
either
way
without
warning,
so
be
very
careful
with
this
one.

But,
to
invest
in
any
of
them,
you
first
need
MEMEX,
which
is
still
in
presale.
The
token
is
currently
selling
for
$0.0152852,
and
so
far
its
ICO
raised
$2.45
million.

ClayBro,
a
crypto
YouTuber
with
135k
subscribers,
recently
predicted
that
this
could
be
one
of
the
best
meme
coins
to
hold
in
the
upcoming
bull
market,
and
he
is
far
from
being
the
only
one
who
is
excited
about
the
project’s
potential.


Visit
MEMEX
here.

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