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Fartcoin price warning: why this meme token could plunge 50%

  • Fartcoin price declined by 5% in 24 hours due to profit-taking, with warnings of a potential 50% plunge.
  • Analyst Captain Faibik predicts a 50% drop for Fartcoin, citing a bearish impulse and key hurdles at $1.45 and $1.60.
  • Despite recent gains, Fartcoin has seen losses bringing its weekly gains to 5% and monthly gains to 14%.
  • Technical indicators suggest a bearish momentum for Fartcoin, with the price currently around $1.35 and potential support at $1.2.

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