Bitprismia

Fartcoin whales jump ship: Will $0.93 be next?

2025-07-10 00:11:39

Main Idea

Fartcoin (FARTCOIN) is experiencing significant bearish momentum as whales and retail traders exit, risking a drop below the $1.00 support level.

Key Points

1. Whales sold millions in FARTCOIN holdings, with one whale taking a $631,000 loss after dumping their stash for $3.9 million.

2. Retail traders also joined the sell-off, resulting in a negative Buy-Sell Delta of $129k over six consecutive days.

3. Technical indicators like the Relative Vigour Index (RVI) and Directional Movement Index (DMI) show sustained bearish momentum, with RSI declining to 0.034 and +DI dipping below the neutral threshold.

4. If bearish pressure continues, FARTCOIN risks breaking the $1.00 support and falling to $0.938, though a rebound to $1.20 is possible if bulls re-enter and hold the $1.00 level.

Description

Are whales signaling the end for Fartcoin’s current cycle by rotating into SPX, BONK, and PENGU?

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📱 Full Version
$SPX
$1.5284
+1.64%
$FARTCOIN
$1.1986
+8.42%
$BONK
$0.000022796
+9.96%