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After a rally of 75% last week, the ascending trajectory of Fartcoin seems to slow down now. The room even based in Solana is currently negotiating at $ 0.83, down approximately 2% in the last 24 hours. This follows a series of whales that have conceded massive gains.
This has raised concerns among investors as to whether the value of the token has already culminated.
The Nansen blockchain analysis company reports that the best Fartcoin portfolios have collectively reserved more than $ 8.9 million in profits in recent days.
The 5 best Fartcoin addresses have collectively made more than $ 8.9 million in profits.
An address left with $ 1.88 million and is now absent.
Another still contains $ 4.15 million in unrealized gains. pic.twitter.com/eg4eotrje
– nansen 🧠(@nansen_ai) April 14, 2025
One of these portfolios has liquidated its whole position, moving away with $ 1.88 million, while another is still strong with $ 4.15 million in unrealized gains.
On Sunday, a whale poured out a value of $ 4.29 million in Fartcoin when the token was about $ 0.90.
Massive sale: $ Fartcoin Whale discharge from $ 4.29 million to $ 0.90!#Fartcoin $ BTC pic.twitter.com/sojhjewzfw
– Crypto Patel (@Cryptopatel) April 13, 2025
On the same day, another investor discharged 1.56 million Fartcoins, worth 1.26 million dollars. These sales have erased around $ 150 million from the token market capitalization, which is currently about $ 850 million.
A whale sold $ 1.56 M Fartcoin ($ 1.26 million) to buy 11.62 m $ Rfc 30 minutes ago, causing $ RfcThe market capitalization to increase to more than $ 100 million. pic.twitter.com/kgkknhcazd
– Lookonchain (@lookonchain) April 13, 2025
Despite this, Fartcoin had contributed on Sunday 5.43% of the total volume of trading of coins on Solana, according to Bizzy.
The volume of Fartcoin was 5.43% of the total volume of the same in Solana today.
Hot air increases 💨 pic.twitter.com/lzsahktjbz
– Bizzy (@ 0xbizzy) April 13, 2025
Coinmarketcap’s feeling indicator reveals that 71% of investors are still optimistic about the future Fartcoin trajectory.
Fartcoin prices prices
On the daily prices of the daily Farcoin, the RSI is 66 years old, oscillating just below the exaggerated territory, indicating a potentially decreasing momentum.
The Fartcoin price table. Souce: tradingView.com
Meanwhile, Bollinger strips widen with the price that is currently negotiating near the upper strip, an area often associated with short -term resistance. An escape greater than 0.88 could confirm the upward continuation at $ 1.
On the other hand, the intermediary band (20 -day SMA) nearly $ 0.58 serves as a key support. If the price slides down, this could cause a deeper correction to $ 0.45.
Meanwhile, on the hourly graph, the same part is negotiated in a fall corner, a bullish reversal scheme. The token has already rebounded its support for the mobile average.
The Fartcoin price table. Source: tradingView.com
If the token manages to exceed $ 0.86, it could evolve towards the psychological brand at $ 1. However, non-compliance with the area could reset the level of $ 0.78.
The BTCMASK technical analyst noted that Fartcoin had recently executed a Flip for resistance to clean management at $ 0.80. “In my opinion, this Usrre trend is far from being-still a lot of gas in the tank,” he wrote on X.
#Fartcoin I just removed a clean support resistance flip around the level of $ 0.80 ✅
If the price continues to push from here, the next key lens is about $ 1.20. In my opinion, this trend is far from over – still a lot of gas in the tank 🚀 pic.twitter.com/feuwyeugru
– BTCMASK (@btcmask_ai) April 13, 2025
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
post url: https://altcoin.observer/will-the-fartcoin-whales-unload-will-the-rally-maintain/
