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Fartcoin traders need to monitor this key level when Solana hits $ 200

Fartcoin Price rose to $ 1.25 on Thursday, which reached its position as the third largest Memecoin in the Solana chip circuit. The technical characteristics now highlight the key level that traders need to monitor when the ongoing cryptocurrency market rally pushes the Solana price to the new 2025 highest rise to over $ 200.

Fartcoin price is over $ 1.22 for the first time after January

Fartcoin's price on Thursday became one of the best effective Memecoin in Memecoin, as Bitcoin increased to $ 100,000 to the wider crypto market.

Since the press on May 8, 2025, large assets such as Ethereum and Solana have broken the level of multi -month obstacles to $ 2000 and $ 160 respectively, closely monitoring the bitcoin momentum.

Fartcoin Price Activity, May 8, 2025 | Source: CoingeckoFartcoin Price Activity, May 8, 2025 | Source: Coingecko
Fartcoin Price Activity, May 8, 2025 | Source: Coingecko

As the investor risk the appetite for Trump's renewed trade negotiations with Britain and China, lower malformation assets are the sharpness of the high -level ecosystems.

While Pepe and Shiba Inu led Ethereum's profits, Fartcoin gathered to $ 1,22 to $ 1.22, strengthening its rank to the Solana network to the third largest Memecoin.

According to Coingecko, Fartcoin has not exceeded more than $ 1.20 since January 2025, turning over this week's price action into an important technical milestone.

What can Fartcoin traders expect if the Solana price exceeds $ 200

Historical cryptocurrency trends indicate that when large layers-1 signs like Sol and Ethe Rally, the increased participation in retail in retail often triggers the parabolic breakdowns of the Memecoin.

The synchronized benefits of Pepe and Fartcoin, reflecting on Thursday Bullish in ETH and Sol, support this narrative.

Solana Memecoin Sector Performance, May 8, 2025 | CoingeckoSolana Memecoin Sector Performance, May 8, 2025 | Coingecko
Solana Memecoin Sector Performance, May 8, 2025 | Coingecko

Solana's market capitalization is now about $ 83 billion, significantly higher than Fartcoin's $ 1.2 billion Coingecko dataTo.

Solana Price Performance, May 8, 2025 | CoingeckoSolana Price Performance, May 8, 2025 | Coingecko
Solana Price Performance, May 8, 2025 | Coingecko

Due to the greater volatility and the potential for greater inverted potential, the price of Fartcoin currently seems to be Solana in 2x correlation. Over the past 24 hours, Fartcoin's 18% ability has significantly exceeded Solana with a 9.3% rise with a coefficient of 2.

Based on this data -based overview, when Solana rises from its current price to $ 160, which means an increase of 20%, Fartcoin can expand the rally by about 40%, channeling $ 1.70 as a potential next resistance zone.

Fartcoin price forecast: Bulls Eye $ 1.70 as key indicators flash strength

Fartcoin Price grew to $ 1.21 to $ 1.21, breaking the middle Bollinger strip and 4-day SMA at a price of $ 1.06, returning to a revival bullish impulse.

The recent $ 0.92 marked by Zig Zag Pivot Low came when Price Action respected the lower Bollinger strip, which refers to volatility based on volatility.

Moreover, the true strength index (TSI), which twisted from the neutral zone to up to 0.27, shows the early signs of the Bullish Crossover and the positive pulse building.

Fartcoin price forecast todayFartcoin price forecast today
Fartcoin price forecast today

The price of Fartcoin is currently floating under the upper Bollinger strip for $ 1.28, corresponding to a critical resistance zone near April above $ 1,2833.

A decisive pause for this level can open the road to the $ 1.70 area, which is a psychological target supported by Fibonacci's preceding extensions from 0.1989 to 0.9848 feet.

The Ethereum's price forecast refers to a similar pattern like the Bollinger strip enlargement and continuation of trends, confirming the bullish case for Altcoins like Fartcoin.

In contrast, deleting $ 1.28 can cause short -term profit by pulling back about $ 1.06 to Confluence support. This area, supported by both SMA and Bollinger Midline, is still crucial to maintain the bullish structure.

Below it would move the near -term sentiment to a neutral wearing, exposing Fartcoin to $ 0.89 and $ 0.78.

Currently, the current trends favor bull traders as the Solana price is progressing to $ 1.70.

Frequent questions (FAQ)

Fartcoin is a Memecoin in Solana, which gathers the popularity of its virus and high authority trading facilities.

Fartcoin grew by 23%due to the Bitcoin rally, past $ 100,000, Solana's strength and demand for retail investors' increasing Mecoin demand.

Yes. If Solana breaks $ 200, Fartcoin's price can rise to 40% to $ 1.70, based on the historic 2x correlation and current pulse.

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Ibrahim

A cryptocurrency analyst that includes derivatives, macro trends, technical analysis and defi. His works are in -depth marketing knowledge, price forecasts and institutional studies of digital assets.

Obligations: The content presented may include the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.

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