- Fartcoin (FARTCOIN) value was down 5% in 24 hours amid contemporary revenue taking.
- Analyst Captain Faibik says the memcoin may drop 50% amid a bearish impulse.
- Worth faces key hurdle round $1.45 and $1.60, and assist at $1.2
A number of prime memecoins, together with Dogecoin, Shiba Inu and Pepe have been down on Wednesday morning.
Fartcoin (FARTCOIN), which has outperformed in latest months, mirrored the broader memecoin market trajectory with its value down 5%.
Losses for the cryptocurrency minimize latest beneficial properties to only 5% over the previous week and 14% over the previous month.
Nonetheless, beneficial properties over the previous 12 months are staggering within the final one 12 months.
The token at the moment trades round $1.35.
With Bitcoin nonetheless ranged close to $110k and seeing notable bullish information developments, the anticipated inflow of retail into altcoins stays on maintain.
FARTCOIN’s value is mapping this outlook with the 24-hour buying and selling quantity spiking 12% to over $150 million to counsel elevated promoting.
Amid this efficiency, an analyst says bears may push bulls deep into the woods.
The FARTCOIN value is barely down from highs of $1.6 reached final week, however Captain Faibik says a 50% dip is probably going.
Fartcoin value – analyst flags potential 50% dip
Per Captain Faibik, in a put up on X, FARTCOIN has traded in a rising wedge.
Nonetheless, it indicators additional draw back breakout because the bearish impulse intensifies.
If this state of affairs performs out, FARTCOIN value may crash by greater than 50% from present ranges.
#FARTCOIN Rising Wedge Draw back Breakout..✅
Anticipating +50% Bearish Impulse..🔜#Crypto pic.twitter.com/1xjyLHF3ty
— Captain Faibik 🐺 (@CryptoFaibik) Could 28, 2025
From a technical perspective, this evaluation aligns with FARTCOIN’s failure to breach the availability wall close to $1.6 in latest trades.
This rejection has bears poised at $1.30, a key zone for bulls, with the above analyst’s prediction doubtless if this stage breaks.
On the each day chart, the Relative Power Index (RSI), Shifting Common Convergence Divergence (MACD) and Superior Oscillator sign bearish momentum.
Weak point for Fartcoin comes amid notable promoting.
On Could 27, Lookonchain shared particulars displaying a dealer liquidated $11.7 million in FARTCOIN and different tokens.
In addition to a $6 million revenue on FARTCOIN, the dealer took earnings of $3.3 million on ZEREBRO and $1.8 million on LAUNCHCOIN.
If Fartcoin value efficiently retests the falling wedge trendline, an upside flip may see consumers goal $1.8 and $2.
Nonetheless, a breakdown to the important thing demand reload zone round $1.30, additional weak spot will deliver $1.2 into view.
This fall will intensify if revenue taking continues to dominate memecoins and altcoins.
Contemporary jitters throughout danger property will even speed up the attainable pullback, with dips for mega cap alts like Ethereum, XRP and Solana eventualities to observe.
The upside of this can be a return to successful methods for FARTCOIN and different memecoins.