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It was bearish divergence in the daily timeframe that started Fartcoin’s 90% pullback from its all-time high.
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Now, Fartcoin has formed a bullish divergence in the daily timeframe, suggesting that it could finally be time for sidelined investors to go long on the viral Solana meme coin.
Indeed, the Fartcoin price is up by more than 40% since Friday, trading at $0.33 at press time.
Fartcoin Forms Bullish Divergence
A bullish divergence occurs when an asset price forms lower lows but its Relative Strength Index forms higher highs, indicating that the selling pressure could be easing and a bullish reversal is imminent.
Fartcoin has formed a textbook bullish divergence on its daily timeframe.
RSI divergences have already proven to be a reliable trigger for the Solana meme coin.
It formed a bearish divergence in its daily timeframe, which resulted in a 90% decline in its price.
Fartcoin Price Prediction — Is It Time To Buy?
There is a marked increase in bullish sentiment surrounding Fartcoin, especially after the bull div on its daily chart.
Prominent analysts are also seeing the possibility of a rounding bottom formation on its chart, which is a particularly strong bullish signal for meme coins.
Most importantly, Fartcoin continues to be the most buzz-worthy meme coin during this cycle. The TradFi purists continue to balk at it while meme coin investors continue to back it as a community-driven project, powered by humour and the traditionalists’ “seeth”.
Prominent crypto investor CRG highlights that Fartcoin’s mindshare and trading volume has remained high, despite the over 90% decline.
Indeed, the Fartcoin price continues to see the strongest bounces during the broader market relief rallies, a typical sign of latent demand. Such assets tend to deliver outsized returns when the market outlook flips bullish.
Considering the bullish divergence, experts believe now could be a good time to buy Fartcoin.
However, the Solana meme coin will need to flip the $0.40 S/R level for a push towards $1. Swing traders should consider taking a portion of their profits at $0.40 while sidelined spot holders could simply wait for a flip of the resistance before buying.
Other Best Cryptos To Buy Now
Besides Fartcoin, experts’ list of the best cryptos to buy also include Bitcoin and Chainlink, both with high upside potential in 2025.
XRP is also in high demand, considering the possibility of spot XRP ETF approval under the new pro-crypto SEC regime.
Smart money investors are also diversifying their portfolio with low-cap crypto assets. For instance, the first prominent Solana layer-2 coin, Solaxy (SOLX), has raised nearly $27 million in its presale.
While Solana previously used to be thought of as a highly-scalable blockchain, it has faced significant network congestion issues during periods of heavy traffic. Now, Solaxy’s layer-2 scaling solution—armed with ZK proofs, data availability tools like Celestia and a Hyperlane-powered multi-chain bridge—seeks to tackle Solana’s poor network scalability head on.
Despite SOLX’s strong presale performance, experts believe it is highly undervalued during its presale, considering the multibillion valuations of Bitcoin and Ethereum layer-2s. Unsurprisingly, whales have invested heavily in the project, with many eyeing 10x returns from it.
Similarly, a new AI meme coin, MIND of Pepe (MIND), is in high demand and has raised over $7 million in its presale.
Considering Fartcoin’s bullish strength, it is no surprise that analysts are still bullish on the AI crypto sector. Unlike most of its Solana counterparts, MIND of Pepe is an Ethereum-based AI agent coin, designed to deliver cutting-edge alpha trading strategies to MIND holders.
Considering the success of Solana-based AI coins, prominent analysts believe that one of the first prominent AI agent coins in the Ethereum ecosystem could also deliver outsized returns. Many early buyers are even viewing it as the next 100x crypto.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.