menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

2w

read

208

img
dot

Fartcoin Drops 9% Breaking Critical Technical Support Zones

  • Fartcoin has dropped by 9% in the last 24 hours, breaking below key technical support levels like the 50-day EMA.
  • The breach of the 50-day EMA at $1.1010 is concerning as it indicates a potential protracted decline in the cryptocurrency.
  • Fartcoin failed to hold the significant $1.00 support level, a psychologically important mark for traders, signaling increased selling pressure.
  • Technical indicators like MACD and RSI suggest a bearish trend continuation, with the nearest resistance at $1.1011 and the next support at $0.8365.

Read Full Article

like

12 Likes

For uninterrupted reading, download the app