FARTCOIN's price has surged by 13.07% over a week, reaching $1.12 with a trading volume of $224.87 million, signaling increased investor interest.
Technical analysis suggests a bullish trend as FARTCOIN forms a higher-low pattern above the 200-day EMA, indicating a possible trend reversal and a move towards the $1.30 resistance level.
Market sentiment is shifting from bearish to bullish following Trump's announcement of a 60-day ceasefire between Iran and Israel, creating opportunities for further upward movements.
FARTCOIN is poised for growth if buying pressure continues and volume confirms the positive trend, with the $1.30 mark being a significant upcoming hurdle for the cryptocurrency.