FARTCOIN Price Prediction for 1st June, 2025
The post FARTCOIN Price Prediction for 1st June, 2025 appeared on BitcoinEthereumNews.com.
Fartcoin price remains under pressure after an extended decline that saw the memecoin lose nearly 40% of its value in less than a week. As of the time of writing, Fartcoin price is trading around $1.056, attempting a fragile rebound after briefly slipping to a low of $1.001 during the recent selling frenzy. The broader memecoin space has seen a contraction in speculative momentum, and Fartcoin price action is now closely tracking technical indicators for signs of stabilization. What’s Happening With Fartcoin’s Price? A detailed look at the daily chart reveals a sharp breakdown from the rising wedge structure that was previously supporting the April-May uptrend. The Fartcoin price has decisively breached both the 0.236 and 0.382Fibonacci retracement levels of the March–May rally, with the 0.5 and 0.618 levels at $0.9230 and $0.7521 now emerging as crucial downside markers. Price recently rebounded from just above the $1.00 psychological level, which has historically acted as a key demand zone. Multiple lower highs on the 4-hour chart reinforce the ongoing bearish trend, while key exponential moving averages are now stacked bearishly. The 20 EMA currently sits at $1.175, far above the current price. Furthermore, Bollinger Bands show clear expansion to the downside, indicating sustained Fartcoin price volatility. Momentum Indicators Hint at Early Bullish Shift From a momentum standpoint, the RSI on the 30-minute and 4-hour charts is recovering from deeply oversold territory, now printing values near 50. Meanwhile, the MACD histogram has started to turn positive, showing early signs of a bullish crossover. The Stochastic RSI is also pushing back above 80, suggesting short-term upward potential, though traders should remain cautious as this could signal a temporary relief rather than a full reversal. Ichimoku Cloud analysis paints a cautious picture. Price is still trading below the Kijun-Sen and Tenkan-Sen, with the cloud…
