FARTCOIN Faces Critical Resistance: Analyst Says $1.29 Possible if Key Level Holds

Crypto market analyst Rekt Capital, who previously predicted a breakout in FARTCOIN, has released a fresh price outlook for April 2025. According to his latest technical analysis, a weekly close above $0.82 could set the stage for further gains, potentially pushing the meme coin as high as $1.29.

The forecast arrives after weeks of market recovery, where FARTCOIN seems to have left behind the volatility of its launch days. Promoted by several U.S. influencers, the token saw sharp swings in its early stages but has since displayed increasingly stable price action.

From Collapse to Recovery: The Price Journey So Far

On January 20, 2025, FARTCOIN traded as high as $2.11, only to plunge to $0.22 by early March. Yet the token mounted a strong comeback, currently hovering around $0.86, showcasing resilience despite intense market pressure.

According to CoinGecko data as of April 12, 2025, FARTCOIN has delivered a 190% gain since its launch. More impressively, 105% of that growth occurred in just the last two weeks, with a 72% weekly rise rewarding short-term traders handsomely.

New Accumulation Zone May Form Above $0.82

Rekt Capital had previously identified an accumulation zone between $0.21 and $0.37 back in March. He noted that this range historically led to bullish breakouts—and once again, it delivered. After a month of consolidation, FARTCOIN successfully broke out of this channel and now trades at $0.8697.

In a new chart released on April 11, the analyst marked potential accumulation bands—represented in orange and black ranges—that suggest another consolidation phase could be forming. But for that to happen, a weekly candle must close above $0.82, and the level should be confirmed as new support.

$1.29 Target: Technically Feasible, But Not Guaranteed

If the $0.82 level holds, Rekt Capital believes FARTCOIN could technically climb toward $1.29. However, as with all speculative assets, confirmation and trading volume will be essential. The zone between current levels and the $1.29 target may present intermittent resistance, but the momentum appears intact—at least for now.

As always, this analysis is for informational purposes only and does not constitute financial advice. Crypto investors should conduct their own research and seek guidance from financial professionals.

Turkish NY Radio will continue tracking FARTCOIN’s performance and share key insights as they develop in this volatile, fast-evolving meme coin segment.

References & Sources

CoinGecko – FARTCOIN Price & Market Data
Live price data, historical charts, market cap and trading volume statistics for FARTCOIN.

Rekt Capital – Official X (Twitter) Page
Technical analysis and market commentary from analyst Rekt Capital, including chart patterns and predictions.

The Block – Meme Coin Market Trends
Macro views and expert insights on meme coin volatility and investor sentiment.